Las Vegas, NV (PRWeb UK) July 16, 2009
Next Alternative Inc. is merging on the onset of a new economy driven by the need to reduce the demand for fossil fuels and find alternatives for energy. The management believes this new market will be the driver for future world transportation needs and intends to be an innovator bringing existing technologies together and melding them to meet future demand.
Next Alternative Inc's Carbon Nano Tube technology modifies existing battery design types (most kinds of commercially available batteries) to produce a battery that at the very least will recharge in less than 10 minutes and have an increased Reserve Capacity of at least 8 times the same unmodified battery. This will allow providing the hybrid and electric car markets with a battery that far exceeds anything currently available to them at this time. The Carbon Nano Tube Battery (CNT Battery) will be the technology Next Alternative brings to market.
In the next 12 months sales are expected to be over 150 Million Euros and we have begun the process towards a dual listing on the CNSX. We are presently on the open market on the Frankfurt Exchange and we are making efforts to move to Entry Standard shortly.
Over the next 18 months, we will license additional technologies to complement our battery technology and supply the marketplace with integrated solutions to become a one stop supply house.
FORWARD LOOKING STATEMENTS: Actual future results may differ from the anticipated results expressed in the forward-looking statements contained in this press release and Next Alternative Inc. does not undertake to update this information. Investors are cautioned against placing undue importance on forward-looking information contained herein. and should consult Next Alternative's disclosure documents filed from time to time as public filings which contain a more exhaustive analysis of risks and uncertainties connected to Next Alternative Inc.'s business.
For further information: Next Alternative Inc. Roger Gervais, COO, 613-755-4023, roger(at)next-alternative.com