NEW YORK, Aug. 25, 2010 (GLOBE NEWSWIRE) -- Attune RTD (OTCBB:AURT), a premier provider of Energy Conservation Equipment, is proud to announce that they have entered into an agreement with Redrock Trading Partners, LLC (Redrock).
Redrock Trading Partners, LLC (Redrock), a United States FINRA broker dealer and ownership affiliated company of Armada Mercantile Ltd., has signed a fee agreement with Attune RTD, Inc. (Client). The Client is seeking capital to grow and expand its business including launching its flagship product, BrioWave 175p™.
Under the terms of the fee agreement, Redrock will act as an 'introducing broker' on behalf of the Client to introduce a funding partner. If these introductions result in a successful business transaction i.e., funds provided to the Client from a Redrock funding partner, the Client will pay Redrock an introducing fee based on the total funding amount of the transaction.
The Company's flagship product, BrioWave 175p™, is a scalable interoperable platform intended to be an essential part of the smart grid infrastructure. BrioWave technology offers built in two way wireless communications, increased demand side management and demand response, an ability to track and manage energy consumption and systems redundancy through its ZigBee and WI-FI modules. BrioWave 175p™ technology brings increased functionality and support for new customer focused applications now and into the future in one device. BrioWave 175p™ technology is designed to enhance the smart grid infrastructure from generation to distribution through a network of smart grid connected devices on residential homes that consume energy, delivering in real time utility specific actionable information and consumer savings while seamlessly integrating into legacy grid systems to offer substantial immediate savings for consumers and utility providers.
Located in Palm Springs, California, Attune RTD is an environmentally conscious, socially responsible research and technology company providing smart products that eliminate inefficiencies and reduce energy consumption. The company's products are subject to stringent testing and certifications. For more information, please visit www.attunertd.com/">http://www.attunertd.com/
Legal Disclaimer
The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.