Mechanology, Inc.'s Steam Turbines, Business Offered for Sale at a Sealed Bid Sale on November 18, 2011, are Suited for Applications in Power Recovery and Power Generation Packages
WELLESLEY HILLS, Massachusetts, November 1, 2011 /PRNewswire/ --
Joseph F. Finn, Jr. C.P.A. ("Finn") of the firm Finn, Warnke & Gayton, LLP ("FWG") announced today that Mechanology Inc.'s steam turbines, business offered for sale at a sealed bid sale on November 18, 2011, are suited for applications in power recovery and power generation packages.
Wasted thermal energy, in certain cases, from a diverse set of sources can be recovered and utilized to generate power and electricity. The Mechanology N-Series Steam Turbines in addition to API mechanical driver applications are suited for application in power recovery and power generation packages for markets like: Heat Recovery Power Generation (from industrial waste heat), Process Steam Recovery, Renewable Energy Conversion (Bio mass, landfill gas, geothermal, solar), Waste to Energy Processes, and PRV Paralleling. The customized N-Series turbines are suited for power recovery with output capacities of 0.1 MW to 3.5 MW. Estimates of more than 100 GW of opportunities in the 0.5 to 5 MW size range are common.
The intellectual property, including: sales/marketing literature/documentation; customer lists and install base; turbine sizing & selection programs; manufacturing drawings; assembly documentation; installation, operation, and maintenance (IOM) manuals; casting patterns & tooling; and misc. inventory, will be sold at a sealed bid sale on Friday, November 18, 2011 at noon. Persons interested in bidding must sign a Confidential Disclosure Agreement ("CDA") obtained from FWG - IPSaleServices@finnwarnkegayton.com or +1-781-237-8840. They will then receive a bid package.
About Finn, Warnke & Gayton, LLP:
Joseph F. Finn, Jr. C.P.A., is the founding partner of Finn, Warnke & Gayton, LLP (http://www.finnwarnkegayton.com) Certified Public Accountants of Wellesley Hills, Massachusetts.
About Mechanology:
Mechanology, Inc. has developed and patented highly innovative energy efficient technologies for commercial and industrial applications. Mechanology's Dragonfly compressor offers industry leading performance in oil-free air compression with potential application in refrigeration/air conditioning, gas compression, and superchargers. The TIVM Expander provides breakthrough performance enabling the efficient utilization of low-grade heat/steam in power recovery, power generation, and renewable energy applications. Contact Mechanology (http://www.mechanology.com) for information regarding industrial partnerships and licensing opportunities.
For further information, please contact Joseph F. Finn, Jr. C.P.A. at +1-781-237-8840 or jffinnjr@finnwarnkegayton.com
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