Danotek Opens Michigan Plant for Turbine Generators

Wind turbine generator manufacturer Danotek Motion Technologies on Friday opened a manufacturing center in Canton, Michigan.

The 40,000 square foot Danotek facility has the capacity to produce up
to 4000 generators per year, creating 150 professional and skilled
jobs, as well as opportunities for local components sourcing, and other
services such as forging, casting, machining, and electronics assembly.

The facility is now in its first phase of operation with plans for expansion scheduled.

"Michigan has the chance to become a leader in wind energy,"
said Dan Gizaw, president and CEO of Danotek. "The state’s existing
manufacturing and engineering infrastructure, skilled labor force and
national ranking in wind generation capacity make it a perfect location
for Danotek operations."

Danotek says its patent-pending variable speed Permanent Magnet
Generators save more than $1 million per turbine for wind farm
developers and wind turbine original equipment manufacturers over the
life of a turbine. Their unique design is said to be significantly more
efficient than conventional generators (with efficiency rates topping
98%). The Permanent Magnet Generators are half the weight of
conventional generators and have improved reliability, because they
contain no "wear-and-tear" parts, Danotek said.

In November 2008, Danotek announced that it raised an initial $7.25 million as part of a larger $14.5 million funding agreement
from CMEA Capital, StatoilHydro (NYSE: STO) unit StatoilHydro Venture
and GE (NYSE: GE) unit GE Energy Financial Services. The balance of the
funds are to be provided in a subsequent round. Danotek also was
awarded a $1.8 million loan from Michigan 21st Century Job Fund program
to be closed by early June.

Danotek Motion Technologies, Inc. has patents pending on several
high energy efficiency products: Permanent Magnet (PM) Generators,
electronics integrated pumps, variable speed fans, electric vehicle
steering systems, for EV/HEV, fuel-cell, wind turbine, and combined
heat and power industries. Danotek was founded in 2001.

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