Published: January 28, 2010
One World Ventures, Inc. Announces Introduction of Solar Products to U.S. Market

One World Ventures, Inc. (PINKSHEETS: OWVI)
Inter Solar Tech, a subsidiary of One World Ventures, Inc., has announced
it will supply its branded self-contained solar systems to Preferred Home
Services.
Preferred Home Services is a fast growing company with offices, salesmen,
canvassers and installers in Ohio, Ind., Ky., and Colo. with expansion
plans into Fla. and Nev. in the near future.
"We are extremely glad to have forged this relationship and believe it is a
tremendous compliment to our roofing, siding and gutter business," Devon
Lee Smith, CEO of Preferred Home Services said. "We expect rapid growth
through our existing sales network and to meet our goal of exceeding $2
million in monthly sales by the end of 2010."
With the agreement, Preferred Home Services placed an order for the first
shipment of solar units. Control units are being produced in Cincinnati,
Ohio, where final assembly will take place.
"We anticipate this will create 100 new jobs," Smith explained when talking
about the addition of the solar product to his company's product line. The
jobs will range from assembly to sales positions.
Steve Prior, OWVI CEO, is excited about the agreement as it represents the
company's move into the U.S. Market. With production in China, solar units
being installed in Mexico and products in the European Union, this
announcement represents another large step in One World Ventures' vision of
becoming a leading provider of quality solar products to the world.
"Preferred Home Services is an aggressive sales organization with the
ability to install our product immediately in approximately 200 locations
throughout the U.S. We believe this relationship will enable our company to
become a significant player in this fast-growing market," Prior said.
As part of the agreement, the two companies will continue to work together
on the design of the products. Upon regulatory approval of the components
in the U.S., delivery and installations will commence. This is anticipated
before May 2010.
With the world-wide emphasis on renewable energy and the subsidies being
offered by governments throughout the world, One World Ventures' Inter
Solar Tech expects a strong growth curve in 2010.
"Obama has pledged $150 billion in spending in renewable energy over the
next 10 years and to make renewable tax credits permanent," Prior said. "It
is becoming evident that Americans are more interested in taking advantage
of renewable energy and we see this to be a great field to be in for the
foreseeable future."
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in
Asia and the United States that invests in technologies, communities and
systems that facilitate trade, finance, communication and travel across
international boundaries, cultures and languages. One World Ventures
subsidiaries include 1World Card, Inter Solar Tech, Ltd., 1World Auction,
Tutamen (HK), Ltd., and Vonsi Technology Inc.
Management of One World Ventures, Inc. has substantial international
experience in Central America, Africa and Asia setting up companies and
establishing trade and commerce. The company leverages these skills with
emerging technologies and strategic alliances to provide creative solutions
and market opportunities.
About Inter Solar Tech
Inter Solar Tech, Ltd. engages in the sale and distribution of renewable
power generation products for solar, wind, and hybrid energy projects for
both residential and commercial purposes. Inter Solar Tech, Ltd. currently
sells its products to a network of distributors and resellers in the
Peoples Republic of China and the European Union with a plan in place for
expansion of its sales and distribution network throughout the rest of the
world.
The company specializes in photovoltaics, heatpipe, and wind power
generation systems. Previously known as Octopus Development, Ltd., Inter
Solar Tech was founded in 2004 and is based in Hong Kong, Special
Administrative Region of China.
Safe Harbor Statement:
Any statements contained herein related to future events are
forward-looking statements and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Readers
are cautioned not to place undue reliance on forward-looking statements.
One World Ventures, Inc. undertakes no obligation to update any such
statements to reflect actual events.
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