Seakinetics Corporation Moves Aggressively To Capture Renewable Energy Opportunities In India

TORONTO, ONTARIO–(Marketwire – Oct. 28, 2009) – Seakinetics Corporation (www.seakinetics.org) administration announced as we speak that underneath the guidance of its Chief Technology Officer, Jack Dhaliwal, the Company is moving proactively to target renewable power opportunities in India.

Over the previous two years Mr. Dhaliwal has been actively engaged in conducting feasibility research on the ground in India. The funding in these studies, costing in excess of USD$750,000, have clearly recognized India as a prime target to implement its renewable energy technology. In addition, these research have enabled administration to assess the opportunities and understand the entire Geo-Political conditions that exist in India which may affect our potential wind vitality investments in numerous Indian states. During the course of the studies, Mr. Dhaliwal reviewed and assessed roughly 15 potential wind farm websites before deciding on the Tamil Nadu region.

“As a results of the completion of these feasibility research we consider we have a head begin in being able to reap the benefits of the incentives which is able to result from the Indian government’s planned funding of greater than $USD 500 billion in infrastructure improvements,” says James C. Shelley, President and CEO of Seakinetics.

Jack Dhaliwal, explains that “The geo-political and financial elements that will drive the renewable energy business over the subsequent few a long time underscore the importance of India as a burgeoning marketplace for renewable energy services and power. In spite of aggressively tackling the energy deficit for its population, India nonetheless suffers from a 47% deficiency in energy supply. India is developing an international reputation as a “go to” area for average to mega-sized investments in renewable energy improvement projects.”

Mr. Dhaliwal additional stated, “When we initially embarked on the Tamil Nadu wind power project in India, we were building a wind vitality farm that may be capable of generating 300 MW of power, when totally completed. As calls for for energy grow coupled with incentives from the Indian authorities I firmly imagine that we will increase our manufacturing targets considerably for the Tamil Nadu wind farm. With a present identified capability of over 65,000 MW of wind energy generation, and solely 10,243 MW truly developed to date in 2009, the potential our new wind power farm improvement is enormous.”

Seakinetics is within the business of designing, developing, advertising and investing in innovative applied sciences and services within the renewable power field. Seakinetics’ mission is to be an business leader find solutions for renewable vitality today and tomorrow.

This release could include projections of future outcomes and “forward-looking statements” as that time period is outlined in Section 27A of the Securities Act of 1933 as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934 as amended (the “Exchange Act”). All statements which are included in this release, apart from statements of historic fact, are forward-looking statements. Although administration believes that the expectations mirrored in these forward-looking statements are reasonable; it can give no assurances that such expectations will show to have been correct. Important factors that might cause actual results to differ materially from these disclosed in this release, including, with out limitation, along with those forward-looking statements contained in this release.

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