MIAMI, May 26, 2011 (GLOBE NEWSWIRE) -- Legends Business Group (Pink Sheets:LGBS) and Cartina International today announced they have completed a deal for the exclusive United States sales and distribution rights of what is believed to be one of the world's most efficient Small Hydroelectric Power (SHP) plants. Under the terms of the agreement, Legends will directly market the advanced European technology that uses a patented process created by Austrian inventor Lamella.
"Not only are we pleased to be working with Legends but we're proud to be able to provide this ground-breaking technology to the domestic market," said Carlos Chomut, president of Cartina International. He continued, "Hydroelectric power is one of the most sustainable forms of renewable energy as it depletes no resources, produces no emissions and has minimal, if any, negative environmental impact. The Lamella Turbine with its patented technology is amazingly efficient and has the potential to revolutionize the future of small hydroelectric power plants."
Rodolfo Sablon, president and CEO of Legends power, said the goal of the two parties is to expand the reach of the Lamella Turbine technology.
"The applications for this technology are immeasurable," said Sablon. "The efficiencies it provides offer small communities and large industrial sites, both domestically and internationally, a viable power source option far greater than traditional water wheel based technology."
SHP plants generate electricity by converting the energy available in the flowing water of rivers, canals and streams. The Lamella Turbine derives increased efficiency from its proprietary blade system.
Cartina International is a Florida-based professional firm headed by Carlos Chomut who holds a degree in Civil Engineering from the prestigious Israel Institute of Technology. His career includes ventures in aviation, telecommunications, manufacturing, construction and M & A. Chomut's Cartina/QuantumJet Group has negotiated a combined value of more than $5 billion in groundbreaking transactions.
For more information and a video presentation of the Power Lamella Turbine go to: http://www.legendspower.com/shp
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com
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