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Follow on Google News | Solar Cool Technologies Secures Funding With Assistance of Long Island Angel NetworkLong Island, NY Research & Development Company Benefits from Investor Confidence
By: Jo Keim “Long Island has a history of innovative companies covering aerospace to computer sciences and Solar Cool Technologies has similar promise,” said LIAN Chairman Michael L. Faltischek. “The Long Island Angel Network saw investor value and potential for our region to benefit from the company’s research and development.” LIAN’s support allows Solar Cool Technologies to open headquarters at the new Advanced Energy Research & Technology Center (AERTC) and begin the manufacture and production in Long Island of the Solar-Cooler® This investment will enable us to bridge the gap between proven technology and prototype to a manufactured finished good for our rapidly growing sales inquiries,” said Ryan McGann, CEO of Solar Cool Technologies. “We are exceedingly grateful to Long Island Angel Network for the confidence and the support throughout the start-up process and we are excited to move ahead in developing our environmentally friendly technologies and products.” About Long Island Angel Network: Founded in 2006, LIAN is a not-for-profit corporation consisting of individual angel investors interested in financing privately held companies or ventures based in Long Island, NY. LIAN’s goal is to bring the region’s most exciting, promising early stage growth companies together with investors and benefit the local economy. For more, visit www.liangels.weebly.com # # # About Solar Cool Technologies: End
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