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Tuesday, November 10 - 2009

InnoVest Group expands marketing and customer support in Middle East and Eurasia

  • United Arab Emirates: Sunday, July 08 - 2007 at 11:36
  • PRESS RELEASE

InnoVest Group the market-leading developer, manufacturer, investor and distributor of energy savings controls for commercial and residential applications, is expanding to middle East and Eurasia to open InnoVest Rising Markets Ltd.

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  • David Dastvar, Managing Partner.
    David Dastvar, Managing Partner.
The new entity will be headed by Greg Porter and Khalil El-Jalafi, who will serve as General Managers.

Its offices are located in Dubai, Oman, Bahrain, and Jordan.

El-Jalafi has over 25 years of strategic business experience throughout Middeleast and Porter has more than 15 years of experience in Eurasia. They have worked with companies to spearhead new ventures and direct initiatives in the energy markets.

"With our renewed commitment to the Middle East and Eurasia markets, we will make available energy-saving products that can significantly save on energy consumption, lower costs and have a positive impact on the environment; all while helping the regions achieve the goal of improving energy efficiency and reducing green gas emissions,"
commented Porter.

InnoVest Group's patented technology reduces energy consumption by from 10% to 30% by optimizing system performance through real-time 'load-demand' analysis and control.

According to David Dastvar, "This is the only energy economizer technology for commercial and residential systems that can guarantee reductions at this level. We are excited about the opportunity to bring our products to Middle East and Eurasian businesses and residents so they can realize the benefits of this breakthrough technology."

The performance of InnoVest products has been validated by performance testing at internationally recognized research facilities including Brookhaven National Laboratories, Brooklyn Union and Freeport Electric, with extensive field-testing conducted by the Energy Conservation Group. InnoVest products are safety listed by the UL in the United States and Canada as "Energy Management Equipment."
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Notes and media contacts

About InnoVest Group

InnoVest Group provides capital, expertise, management consultation, manufacturing setup and other complementary services to companies with superior growth potential. Our principals have over 200 years of combined management, engineering, innovation, integration, consulting and investing experience. InnoVest Group team members have formed and grown many start up companies and participated in the infrastructure project studies, implementation and investments. We have expertise in incubator/Technopark initiation, investment, collaboration and management.

InnoVest Group has access and partnership with institutional and private investors, federal laboratories, university research centers, foundations, subject experts, successful entrepreneurs and corporate executives.

Infrastructure and Technology Management Consulting and Investment
InnoVest Group provides strategy and advisory evaluation and consulting on regulatory policy, infrastructural projects, ICT, E-government and technology strategies to private sector, foreign governments and multilateral organizations. The company has extensive experience in infrastructure projects, energy sector, transportation, manufacturing, telecom, market analysis, e-government, next-generation technology, technology assessments, and regulatory impact analysis of ICT, telecom, and technology issues. InnoVest consultants and subject matter experts have extensive experience in the marketplace. Having provided technical assistance on Privatizations, Liberalizations, Energy, Transportation, Manufacturing, Telecom, Technology, Regulatory Capacity Building, Incubation and E-Government projects to companies and Governments in both developed and developing countries, in particular in emerging, transitional, and post-conflict regions.

Summary of Capabilities
E-Government Policy Analysis & Strategies
Next Generation Technology Strategies
TechnoPark, Incubator and Entrepreneurship Setup and Investment
Technology Training
Regulatory Impact Analysis
Privatization and Regulatory Reform
Regional and Country Wide Capacity Building and Transitioning
Performance Measurement, Benchmarking, and Evaluation
Municipal Operations Analysis
Strategy Development and Consulting
Market and Technology Assessments
Research, Reporting and Investing in the following areas:

Telecommunications and communication Infrastructure
Wireless Strategies
Energy Sector
Transportation
Manufacturing
Natural Resources
Agriculture
High-Tech Base Economy
Technology Assessments

For more information:

David H. Dastvar
Managing Partner
InnoVest Group
Fairfax Station, Virginia - USA
Tel: 1 + 703-250-0399
Mobile: 1 + 202-497-8848
Fax: 1 + 703-250-0981

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