CHICAGO, IL -- (Marketwire) -- 01/14/09 -- Invesco PowerShares announced today that T.
Boone Pickens, a leading authority on alternative energy, will participate
in a webcast regarding America's dependence on foreign oil. The event,
titled "Energy Solutions for the 21st Century," will be held on Tuesday,
Jan. 27, 2009 at 4:00 p.m. EST and will be presented by Invesco
PowerShares.
"We are honored to welcome T. Boone Pickens to discuss America's dependence
on foreign oil and to share his perspective on alternative energy
solutions. We believe the United States' dependency on foreign oil links
three of the most critical issues we face today: the economy, the
environment and national security," said Bruce Bond, president and CEO of
Invesco PowerShares.
Pickens, founder and chairman of BP Capital Management, is the creator of
the Pickens Plan, a grass-roots campaign aimed at reducing America's
dependence on imported oil by harnessing domestic energy alternatives. The
plan calls for building new wind generation facilities that would produce
20% of our nation's electricity and allow us to use natural gas as a
transportation fuel.
Pickens will be joined by Bond in discussing his plan and how it pertains
to President-Elect Barack Obama's alternative energy outlook. In addition,
Invesco PowerShares National Sales Manager, Robert Brooks, will be present
to discuss how PowerShares exchange-traded funds (ETFs) may relate to the
Pickens Plan. The conference will conclude with a question and answer
session featuring all three panelists.
The live webcast will be open to the public, and those interested in
participating are encouraged to visit www.invescopowershares.com/webcast
for registration details.
Invesco PowerShares Capital Management LLC is leading the intelligent ETF
revolution through its family of more than 130 domestic and international
exchange-traded funds, which seek to outperform traditional benchmark
indexes while providing advisors and investors access to an innovative
array of focused investment opportunities. With assets under management of
$9.15 billion as of Dec. 31, 2008, PowerShares ETFs trade on all three U.S.
stock exchanges. For more information, please visit us at
www.invescopowershares.com.
Invesco PowerShares is a part of Invesco Ltd., a leading independent global
investment management company, dedicated to helping people worldwide build
their financial security.
