USA COMPANIES PRESENT NEW POWER GENERATING TECHNOLOGY

Armenpress
Jun 29 2006

YEREVAN, JUNE 29, ARMENPRESS: US-based STC Engineering LLC from
New Mexico and ISI Integrated Solutions, Inc. from Phoenix, Arizona
presented today in Yerevan the most advanced technology for production
of renewable power.

Jirayr Shamirian, the president of the American Gold Pair Inc. told a
seminar here that was convened specially to present this technology
that it is based on the widely applied use of solar energy. But he
said the combined technology allows also to generate power from biogas
received from waste recycling and wind.

He said the issue of combined power production is in the focus of
Armenian president’s attention. He added there are plans to build
in Armenia a workshop for manufacturing of appropriate equipment and
praised Armenian researches saying they can elaborate the technology
further as there are all conditions here for development of combined
power production.

Shamirian said this would also create new jobs and settle the power
problem faced by residents of frontier regions. He said Armenia could
then export the technology and equipment.