Pegasus Global Holdings anounces its North American license agreement with Tradewind Turbines

Washington D.C. August 10, 2011 – Pegasus Global Holdings (Pegasus) announced today that it has completed its licensing agreement with Tradewind Turbines Limited. “Pegasus is excited to work with Tradewind Turbines and looks forward to developing their technology for commercial, rescue/relief and military uses,” said Bob Brumley, Managing Director of Pegasus Global Holdings. “Due to high interest and demand, we intend to demonstrate this cutting edge technology to our customers before the end of the year.” Under this licensing agreement, the Pegasus team will develop manufacturing and requirement development for exploitation in the Military and Commercial space. As energy prices grow, both military and civilian energy consumers will need to adapt and start to use new green technologies. Tradewind Turbines technology is industry leading and has been developed to address these difficult issues. Pegasus has assembled a strong team for this program and intend on demonstrating the turbines unique capability in the 4th quarter of 2011 to military personnel in order for it to be entered into the DoD’s green energy initiative programs. Headquartered in Washington, D.C., Pegasus is a global IP development firm that develops technologies in order to meet requirements from our commercial and military customers. Pegasus is a worldwide organization and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.