Blackbird International Corporation Receives Line of Credit From Mercantile Discount Bank Ltd. in Israel

TEL-AVIV, Israel, March 16, 2015 /PRNewswire/ --

Blackbird International Corporation (OTCBB: BBRD), a global leader in renewable sea wave energy technology, is pleased to announce that it has received a line of credit from The Mercantile Discount Bank in Israel in order to cover the financial needs of WERPO for 2-3 years.

Mr. Shmuel Ovadia, Director and inventor of BBRD's technology stated, "This injection of funds into the company will allow us to fulfill all presently ongoing, pending and future contracts without the need to dilute the company, thereby ensuring the continued confidence of our shareholders. The Mercantile Bank's support in our company is further testament to our unique and patented sea wave power generation technology and its worldwide demand."

About Mercantile Discount Bank Ltd.:

The Mercantile Discount Bank was established in 1971 by the Barclays Bank and The Israel Discount Bank. At the time of its incorporation, The Bank took over the assets and liabilities of Barclays Bank in Israel. In 1993, The Israel Discount Bank acquired the entire holdings of Barclays and changed its name to Mercantile Discount Bank. The Bank offers a comprehensive range of financial products to meet the needs of its diverse group of corporate and retail clients, offering a complete spectrum of financial services.

About Blackbird International Corporation:

Blackbird International Corporation (http://www.werpo.us ) is the sole shareholder of Wave Electricity Renewal Power Ocean Ltd (WERPO).

About WERPO sea wave energy technology (BBRD):

WERPO, having received the rights for all of SDE Ltd.'s technology, property, know-how, IP (patents, et. al.), contracts and subsidiaries, is able to promote its sea wave energy solution around the world.

WERPO's unique technology is based on the utilization of sea waves' rise and fall to yield hydraulic pressure that produces electricity, while exploiting the full potential of wave speed, height, depth and currents beneath the surface of the water. This technology was chosen as number one in its field by an independent team of scientists from PesWiki and also as one of the top 100 renewable energies.

The Israeli company with its proven technology has several projects around the world with government entities as well as with the private sector. It has established 11 joint ventures with local partners in 9 different countries including a second project in China.

Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

For further information please contact:
Maximum Performance Advisors, Inc.
+1-858-381-4677
[email protected]

SOURCE Blackbird International Corporation

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