March 31, 2009 (FinancialWire) -- Alternative energy company Global Wind Corp. (OTC: GWND) has agreed to acquire Biotricity Corp. for stock in GWND. Biotricity is an alternative energy company developing new technologies for the generation of electricity from biomass such as wood chips, sawdust, waste paper and other "non-food" organic materials.

Biotricity is hoping to develop a high speed, high volume combustion technology that will use a continuous flow burner to efficiently turn wood waste into power with very low emissions.

Global Wind has been looking at developing wind energy in the U.S. and Middle East.

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