Welcome!

News Feed Item

WindStream Technologies Signs With Burnham Securities for I-Banking Services

Burnham Securities Engaged for Company Expansion

NORTH VERNON, IN--(Marketwired - April 14, 2014) - WindStream Technologies, Inc. (OTCQB: WSTI) and Burnham Securities, Inc. have reached an agreement for representation of the Company for all fundraising efforts. This agreement will allow Burnham to raise capital for the Company's expansion and worldwide sales efforts. WindStream expects to use this capital to expand its manufacturing capabilities in North Vernon, Indiana adding as many as 20 new jobs to its operations to meet current customer demand. The Company manufactures the first of its kind "Hybrid" renewable energy solution called the SolarMill®, which has resonated with customers all over the world. "We are very excited about our new relationship with Burnham Securities," said Dan Bates, President and CEO of WindStream Technologies. "Working with a prestigious firm like Burnham validates all the hard work we have put into the WindStream products and company. The engagement of Burnham as our investment banking advisor will improve our international expansion plans by providing the Company with access to growth capital as we enter the public markets."

WindStream Technologies builds a unique product that is a simple, efficient and cost effective way for consumers, either on or off grid, to save money on their energy bills or provide clean energy in settings where the supply of electricity is not consistent or non-existent. "When we saw the technology that WindStream has developed and the worldwide sales traction that they have already achieved, we knew that this was a management team that we wanted to work with and could also add significant strategic value as their investment bank and partner," said Hugh Dunkerley, Managing Director of Burnham Securities. "Burnham is uniquely positioned to help clients like WindStream secure capital for worldwide growth and our international contacts also bring potential new and exciting sales opportunities to the Company," he added. The Company has recently completed its merger and is now listed and trading under the symbol WSTI in the OTC Markets of the US.

About WindStream Technologies Inc.
Headquartered in North Vernon, Indiana, WindStream Technologies is the leader in low-cost, hybrid, renewable energy solutions for urban, suburban and off-grid environments. Founded in July 2008, American owned and operated, WindStream Technologies has designed, tested, and now manufacturing its patented TurboMill® and SolarMill® distributed energy solutions, proving that homegrown innovation and manufacturing can thrive in today's economy. For more information about WindStream Technologies, Inc., please visit www.windstream-inc.com

About Burnham Securities, Inc.
Burnham Securities, is a full-service investment bank, FINRA-licensed, SIPC Member firm providing corporate finance, institutional and individual brokerage, with a longstanding clearing relationships through JP Morgan and additionally COR Clearing. The firm is headquartered in New York with offices in Irvine, CA and Houston, TX. Burnham Financial Group is the parent of both Burnham Securities and Burnham Asset Management, founded in 1931 by Wall Street legend I.W. Burnham II. His legacy firm spawned Drexel Burnham Lambert, which innovated high-yield finance markets and dominated global league tables in the 1980s while funding some of what are today's most iconic companies. I.W.'s son, Jon Burnham, is Chairman of today's Burnham Financial Group. Burnham Asset Management is an SEC Registered Investment Advisor and manages the Burnham Investors Trust, a publicly-traded, Morningstar-rated mutual fund family founded in 1961. For more information go to www.burnhamfinancial.com

Media Contact:
Caitlin Ertel
WindStream Technologies, Inc.
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Machine learning provides predictive models which a business can apply in countless ways to better understand its customers and operations. Since machine learning was first developed with flat, tabular data in mind, it is still not widely understood: when does it make sense to use graph databases and machine learning in combination? This talk tackles the question from two ends: classifying predictive analytics methods and assessing graph database attributes. It also examines the ongoing lifecycl...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.