Thursday, August 11, 2011

Blue Asset Management Bullish on Multi Family Housing

The result, according to Charles Blumenkehl, managing partner of Blue Asset Management LLC, is that multi-family housing has become a more popular investment for the company as it seeks to take advantage of the lower market values and rental demand in today’s current environment.

Wayne, NJ, August 12, 2011 - While residential real estate sales are still affected by the foreclosure crisis and restrictions on financing still impact the real estate market creating difficulties in obtaining home financing for many buyers, the need for housing still remains. The result, according to Charles Blumenkehl, managing partner of Blue Asset Management LLC, is that multi-family housing has become a more popular investment for the company as it seeks to take advantage of the lower market values and rental demand in today’s current environment.

According to Blumenkehl, "There is no question that new and existing multi family housing is making a return to healthier market conditions. We see this in our own fund, and our perspective is supported by studies released from both the National Association of Realtors and the National Association of Home Builders." Blumenkehl points to statistics released by the two organizations over the past two quarters which show demand for existing multiple family dwellings increasing while builder sentiment for the development of multi-family housing has increased to its highest level since 2006.

"Additionally," says Blumenkehl, "with interest rates as low as they are and real estate prices at such attractive levels, qualified buyers of multi family homes can often find themselves living 'rent free' with the rent they receive from the rental unit or units in their home exceeding the cost of their mortgage payment, and the yield for funds like ours are more robust as a result."

Vacancy rates for multi family property are also declining as more families in need of housing end up renting instead of purchasing due to financing restrictions. Also, families who have lost their homes due to foreclosures or short sales having no choice but to rent for the next number of years. The Multifamily Vacancy Index, a study which measures the level of vacancies in the real estate rental market, also declined to its smallest number since the third quarter of 2006-and is half of what it was a year and a half ago, indicating substantially fewer rental vacancies in today’s real estate market.

Charles Blumenkehl and Blue Asset Management LLC own, manage and operate residential and commercial rental properties throughout northern New Jersey. For more information about Mr. Blumenkehl or Blue Asset Management LLC, or to contact the company about real estate investment opportunities in New Jersey, log onto the company website at or call the company directly at 973 835-1400.

Charles Blumenkehl
Managing Partner
Blue Asset Management LLC
2282 Hamburg Tpke
Wayne, NJ 07470
(973) 835-1400 ext. 103
Fax (973) 835-8105

XZERES Receives LOI for $3.2 Million Turbine Order and Initial Purchase From Vietnam Customer

XZERES  Corp. (OTCBB: XPWR), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW) and power management and efficiency devices for the commercial and light industrial market

Wlsonville, Oregon, August 10, 2011 - XZERES  Corp. (OTCBB: XPWR), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW) and power management and efficiency devices for the commercial and light industrial market, announced today that it has received a Letter of Intent for a $3.2 million turbine order from its Vietnam customer following the successful completion of a pilot installation earlier this year.

"We are very pleased to have received this Letter of Intent for a $3.2 million turbine order, starting with a near term initial turbine purchase of 11 units from our Vietnam customer," said Frank Greco, CEO and President.  Mr. Greco further commented, "this Letter of Intent and initial purchase is our first turbine sales into the Vietnam market.  These turbines are being deployed for commercial and military applications and represent an initial estimated quantity of 100 turbines, for our Off Grid, Battery Charging, Marine versions of both our new 442SR next generation 10- kilowatt turbine, as well as our 2.5kW turbine small wind power system, to be deployed for remote island electrification.  We expect these 100 turbines will be delivered over the next 17 months; and while this is a substantial milestone for XZERES and particularly with respect to our initial penetration into Vietnam, we believe that there is potential for even more substantial business with this customer, as there are over 3,000 islands in Vietnam that will need power. Accordingly there is a significantly larger opportunity than our initial business with this customer, as island electrification projects continue to develop and such opportunities could potentially evolve to be XZERES' largest, single, global, turbine opportunity."  David N. Baker, Chairman added "Our gratitude to Frank for his dedication and tenacity in turning a potential opportunity into a significant, realized business outcome with tremendous results and strong prospects for further future business."

The Company believes that this first project in Vietnam will be its "anchor tenant" for Asia and looks forward to expanding its business beyond Vietnam to the Philippines, Japan and throughout Asia.

For more information about XZERES or any of its products, please visit as well as

XZERES Corp. is a renewable energy and clean energy technology company that designs, develops, manufactures and markets distributed generation, wind power systems for the small wind (2.5kW-100kW) market as well as power management and power efficiency solutions for the commercial, light industrial and residential markets.  Our grid connected and off grid wind turbine systems, which consist of our 2.5kW and 10kW  devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural and island electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. Our wind power systems are focused on distributed energy, where a specific machine's energy output is largely or entirely used on-site where the equipment is installed, as well as grid connected applications. While many of our customers take advantage of their local net-metering rules within the United States and Feed In Tariffs that are often available in Europe and Internationally (to sell power back to the grid), our wind power systems are not dependent on transmission needs to carry the energy produced to another location and are therefore well suited for remote electrification, available with or without a battery coupled solution.  Our power management and power efficiency solutions are deployed primarily for commercial and light industrial applications, and secondarily residential usage and target both urban and rural customers.

Forward Looking Statements and Safe Harbor Statement:

The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. XZERES Corp. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These "Forward-looking statements" are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, in particular, projections about our future results included in our Exchange Act reports, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "goals", "forecasts", "hopes", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: (a)new business models may be more difficult and/or take longer than anticipated, may be more costly than anticipated and may have unanticipated adverse effects relating to the Company's business; (b) the challenge of compensating and retaining key employees; (c) the impact on the Company and our customers from the current domestic and international economic, geo-political and financial market conditions; (d) the success of our new products and new business models in achieving their expected benefits; (e) to perform as expected without material defects; (f) to be qualified and accepted by our customers, (g) to successfully compete with products, systems, technologies and services offered by our competitors; (h) we may not be successful in undertaking the steps currently planned in order to further develop the business; and (i) other risks and uncertainties described in our filings with the Securities and Exchange Commission.

Neither XZERES Corp. management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All forward-looking statements in this press release are made as of the date hereof, based on information available to us as of the date hereof, and subsequent facts or circumstances may contradict, obviate, undermine, or otherwise fail to support or substantiate such statements. We caution you not to rely on these statements without also considering the risks and uncertainties associated with these statements and our business that are addressed in our filings with the Securities and Exchange Commission that are available on the SEC's web site located at Certain information included in this press release may supersede or supplement forward-looking statements in our other Exchange Act reports filed with the SEC. We assume no obligation to update any forward-looking statement to conform such statements to actual results or to changes in our expectations, except as required by applicable law or regulation.

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Suzanne Holbrook

Tina Mortensen
9025 SW Hillman Court
Suite 3126
Wilsonville, OR 97070

What Successful Women have in Common

what do successful women have in common anyway? That is actually a very easy question to answer because the attributes of success are actually fairly easily to ascertain and access.

Atlanta, GA, August 11, 2011 - So what do successful women have in common anyway? That is actually a very easy question to answer because the attributes of success are actually fairly easily to ascertain and access.

The main thing that successful women have in common is that they do not give up. They have strength and courage which gives them the tenacity and persistence required to stay in the game. This strength and courage usually comes from a strong character and strong moral values.

Therefore a successful woman will develop strength, courage and strong moral values. The best way to do this is to expose yourself to other women who have those qualities. Successful people spend time with other successful people.

The kind of individuals that you spend time around will have a strong impact on your world view, your capabilities and the faith you place in yourself. Your values, your beliefs and your actions will be reflected in your choice of companions.

That means you should spend time with other successful women. After tenacity the other thing successful women have in common is that they spend time with each other. They find other women to serve as role models and they spend their spare time with professionals.

Persons who spend time with losers or failures will begin to think that everybody is a loser or a failure and give up. Those who spend with successful people begin to believe that they can succeed.

This is why it is so important for women that want to succeed to participate in groups like the National Association of Professional Women or NAPW. Such groups can provide successful persons to inspire you.

Women need such role models because they are more social than men. Simply reading about successful women in books is not enough you must be around them to learn from them. Exposure to success breeds success. More importantly it provides what successful women have in common: inspiration.