This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Sector 10, Inc. Acquires 100% Of Solar Tracer Corporation

SALT LAKE CITY, Jan. 10, 2011 (GLOBE NEWSWIRE) -- Sector 10, Inc. (OTCBB:SECI) (Frankfurt:4RS1) has acquired 100% of Solar Tracer Corporation, an alternative energy R&D company seeking to capitalize on the $450 Billion global alternative energy market by developing Solar Tracer™, a low cost, high efficiency solar concentrator for national and international licensing and sale.

Solar Tracer Corporation contracted renowned satellite and microwave antenna engineer Eugene Augustin, President of Wireless Engineering, for the development of Solar Tracer™. Christian Tedrow, President of Solar Tracer Corporation said, "We choose to work with Eugene Augustin and his company, Wireless Engineering Corp, because of his outstanding success record in designing technological breakthrough products for the U.S. Navy, Hughes, Comtech, NATO, the government of Taiwan and many others. They have all sought the technology expertise of Eugene Augustin, a leading expert in the design of Microwave Antennas, components and satellite systems."

Tedrow went on to say, "Mr. Augustin's antenna designs are in current production and used on virtually every ship in the U.S. Navy. His antennas and rotary joints are on more than 2,000 Freedom Fighter aircraft. He helped design the Coastal Defense Radar System for Taiwan and the satellite TVRO systems for Hughes, Comtech and Boman. We are confident in Mr. Augustin's ability to bring 'Solar Tracer™' successfully to market."

Pericles DeAvila, President of Sector 10, Inc., concluded, "We are very excited about acquiring Solar Tracer Corporation. We believe that Solar Tracer Corporation, with their experienced team and world class designer Eugene Augustin, is strategically placed to capitalize on the booming $100 Billion global solar market."

Solar Tracer Corporation

Solar Tracer Corporation, a Nevada corporation, is an alternative energy R&D company seeking to capitalize on the $450 Billion global alternative energy market by developing "Solar Tracer™", a low cost, high efficiency Concentrated Solar Power (CSP) collector. In terms of domestic applications, Solar Tracer™ will use concentrating solar power technology to capture energy from the sun and use it to provide hot water for homes. In terms of large, commercial applications, Solar Tracer™ will use concentrating solar power technology to capture energy from the sun and transfer it in the form of heat to run steam turbine generators which, in turn, produce electricity which is then sold to power grids. The company believes that Solar Tracer™ will exceed the performance of the current generation of linear concentrator systems. ( )

About Sector 10, Inc.

Sector 10, Inc. is redefining the emergency response paradigm from centralized equipment staging to onsite pre-deployed resources to "Bridge the Survival Gap." Sector 10 has developed the most leading edge emergency response integration equipment available today. .


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs