AOE Expands Operations to the US as Company Continues to Grow

FOR IMMEDIATE RELEASE Sooke, BC (November-27-13)

Buoy-Launched-and-Ready-for-Test-e1385926374898AOE Accumulated Ocean Energy Inc. (AOE) is pleased to announce the opening of its AOE America office in Boulder, Colorado. “Boulder is home to world class research facilities including the NOAA’s Earth System Research Laboratory,” stated Donna Calabrese, President and Director of AOE’s US operations.

“Donna brings a tremendous amount of experience to our company,” noted AOE CEO Jim Matei, “she has a Masters of Arts from the University of Denver, and a Masters Certificate from Daniels College of Business. She is a tremendous addition to our team.”

“What excites me about AOE’s patented technology is that it can provide power and drinking water and compressed air to literally millions of coastal and island regions on Earth all while improving the local marine environment,” said Calabrese.

AOE has been very interested in the progress that organizations such as Ocean Wave Energy Trust (OWET) in Oregon continue to make. AOE has been a member of OWET since inception and with the opening of the US office the company will have easier access to this value industry resource. “It is AOE’s mandate to provide a safer, cleaner energy to all on Earth and this will move the company one step closer to its’ goal,” stated Matei.

Recently AOE and Seeley’s Cove Research Centre came together with the vision of seeing the system being used to address the hypoxia or “dead zone” areas that occur around the world due to pollution and climate change. To find out more about hypoxia off the Pacific Northwest Coast visit http://www.piscoweb.org/ .

“Thanks to having a US office, AOE will now be eligible to participate in a number of US funding programs and calls for proposals that simply would not have been available had we not expanded our Canadian operations,” said Matei. This exciting presence and expansion on an international scope will accelerate Accumulated Ocean Energy’s innovations in advanced science and practice for environmental health.

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About AOE  Accumulated Ocean Energy Inc. (AOE) –
AOE is a next generation technology company located in Sooke, BC Canada; engaged in the development of technology to capture the unlimited power of ocean swells and waves to transpose this energy into usable “Green Energy”.  AOE is passionately committed to the environment; creating a safer, cleaner energy for all on Earth.