NEW YORK, NY, April 19, 2010 -- GC China Turbine Corp. (OTCBB: GCHT) (the "Company" or "GC China"), a leading Chinese manufacturer of twin blade wind turbines, wishes to announce that it has entered into a Letter of Intent ("LOI") with a European renewable energy development partner with the purpose of creating a strategic alliance centered in Poland.
GC China Turbine Corp. closed at $1.75 Friday, trading 71,467 shares.
GC China Turbine Announces European Strategic Relationship Agreement
About GC China Turbine Corp.
GC China is a leading manufacturer of state-of-the-art 2-bladed wind turbines based in Wuhan City of Hubei Province, China. The Company holds a license to manufacture a groundbreaking technology which meets rigorous requirements for low-cost and high reliability. The technology was developed through a 10 year European research project costing over US$75 million. GC China's launch product is a 1.0 megawatt ("MW") utility scale turbine with designs for a 2.5MW and 3.0MW utility scale turbine in development. For more information visit: gcchinaturbine.com
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TAMPA, FL, April 19, 2010 -- Brookside Technology Holdings Corp. (OTCBB: BKSD) today announced that, on Monday, April 12th, Vicis Capital Master Fund, a sub-trust of Vicis Capital Series Master Trust, and the Company's largest preferred shareholder ("Vicis"), invested an additional $3 million in equity and converted its subordinated promissory note, in the original principal amount of $1.5 million, into shares of series A convertible preferred stock of the Company.
Brookside Technology Holdings Corp. closed at $0.005 Friday, trading 10,000 shares.
Brookside Technology Completes New Financing and Loan Restructuring
About Brookside Technology Holdings Corp.
Brookside Technology Holdings Corp., through its subsidiary Companies, with offices throughout California, Kentucky, Indiana and Texas, the Company is a leading provider of voice and data convergent communications, video and Web conferencing, access control, security and surveillance. Specializing in analyzing, designing, selling, and implementation, Brookside offers a unique portfolio of products and services that solve today's telecommunications challenges by combining technology, business, and financial solutions. Brookside's customers include both commercial and state/government organizations of all types and sizes throughout the United States. The Company seeks to grow organically and through the acquisition of complementary businesses looking to capitalize on the highly specialized growth market of providing turnkey converged voice and data solutions. With a proven track record of acquiring profitable businesses at attractive valuations, Brookside plans to leverage its expanding capabilities and combined customer bases of its portfolio companies. Additional information on the company can be found at brooksideus.com.
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