Ystrategies Corp. Announces WindWISDEM Corp. Launch and Investment
— Cloud Computing Platform Optimizes Wind Farm Performance —
SAN FRANCISCO–(BUSINESS WIRE)–Ystrategies Corp. (“Ystrategies” or the “Company”) (OTC:YSTR), a
publicly-traded venture capital firm focused on technology startups with
disruptive intellectual property in the software and cleantech sectors,
today announced that it has launched WindWISDEM Corp. (“WindWISDEM”), a
cloud computing platform that optimizes wind farm performance.
WindWISDEM, a startup based in the San Francisco Bay Area founded by
Ystrategies, applies physics-based algorithms against unpredictable wind
data, locally and globally, to identify cooperative action among
multiple wind turbines, diminishing risk while increasing power
production. Early tests have shown that WindWISDEM technology can
increase energy production significantly. Also today, Ystrategies filed
a WindWISDEM presentation with the U.S. Securities and Exchange
Commission (“SEC”) which it is sharing with investors. This presentation
can be accessed on the Company’s website at: www.ystrategies.com.
Ystrategies’ $350,000 initial investment jump starts commercialization
and supplements existing open source National Renewable Energy Lab
(“NREL”) technology. The WindWISDEM team is focused on the development,
deployment and integration of advanced, proprietary cloud computing
software systems and their application to wind plants. Focus areas
include wind and weather data aggregation and analytics systems, wind
physics analytics, machine intelligence modules, and command systems for
wind turbine control. WindWISDEM expects to launch a Phase 1 system with
customers in Q2 2018.
“We strongly believe that WindWISDEM is a cloud computing/IoT SaaS
solution that addresses significant market requirements of wind farms.
This global network will optimize wind farm multi-turbine deployments
for performance, minimize potential damage and increase production
output,” said Jim Kiles, Ystrategies Corp.’s CEO.
About Ystrategies Corp.
Ystrategies is a publicly-traded venture capital firm concentrated on
building disruptive businesses focused on critical issues such as
renewable energy and clean technology. Ystrategies invests in science
and technology emerging from the US National Laboratory System,
incubators, businesses and academic institutions. The Company looks for
market-ready technology with large addressable markets and intellectual
property ready to engage identified customer segment partners in
important commercial agreements. Investments are premised on closing
strategic partner agreements as pathways to valuable exits. Ystrategies
was founded by former Intel Capital Managing Director, Jim Kiles, who is
supported by industry veterans Ashish Badjatia, Paul Overby, Jon
Sigerman, Neil Cohen and Shirley Gee. Ystrategies has offices in
Pittsburgh and San Francisco. For more information, visit Ystrategies’
website at: http://www.ystrategies.com.
Forward Looking Statements.
Certain statements contained herein may be considered “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, and it is our intent that any such statements be
protected by the safe harbor created thereby. Except for historical
information, the matters set forth herein including, but not limited to,
any statements concerning our plans, strategies, investments, and
objectives are forward-looking statements. These forward-looking
statements are based on our current expectations, estimates and
assumptions and are subject to certain risks and uncertainties. Although
we believe that the expectations, estimates and assumptions reflected in
our forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the Risk
Factors section and elsewhere in the reports we have filed with the
Securities and Exchange Commission. We do not intend, and undertake no
obligation, to update any forward-looking statement.
Contacts
Ystrategies Corp.
Neil Cohen, 415-652-5544
Vice
President, Marketing and Business Development
[email protected]
or
The
Equity Group
Kalle Ahl, CFA, 212-836-9614
[email protected]
or
Devin
Sullivan, 212-836-9608
[email protected]