MANCHESTER, N.H., June 29, 2011 /PRNewswire/ -- QED Connect, Inc.
(OTC: QEDN), a New York
corporation ("QED Connect"), today announced that its partner in
Sofame Energy, Sofame Technologies Inc. ("Sofame Technologies")
(TSXV: SDW), sees a growing demand for its award-winning industrial
heat reclaim systems and ultra-efficient water heating
technologies. The Sofame Percotherm®'s performance metrics,
in its managements' opinion, are among the best in the industry,
offering more than 95% gas-to-hot-water efficiency, condensation
technology and 140 degrees F leaving water temperature.
The U.S. Department of Energy (DOE) has recognized the new
worldwide standard to help organizations save money in commercial
and industrial facilities by using less energy. Sofame
management contends that even before the DOE judged it consistent
with U.S. energy policy and strategy, American interest in ISO
50001 was growing steadily. Sofame Energy's product line
developed over the last twenty years enables companies and
institutions to meet this trend.
In other moves to encourage adoption of energy efficient
equipment, the DOE is developing and disseminating a portfolio of
energy-management resources to help facilities implement ISO
50001. The DOE's Industrial Technologies Program and Building
Technologies Program are supporting implementation of ISO 50001
through Superior Energy Performance, a voluntary certification
program that is expected to launch for industry in 2012 and later
expand to commercial buildings. The implementation of ISO 50001 is
also being coordinated through the DOE's Federal Energy Management
Program and Clean Energy Ministerial, a global forum
accelerating the transition to clean energy technologies including
those offered by Sofame Energy, Inc.
According to Tom Makmann, QED's
President and CEO, "Multiple regulations affecting boilers such as
ASHRAE Standards 155P relating to heating system and boiler
efficiency and 90.1-2010 relating to building energy efficiency,
are raising the bar, and this favors Sofame's industrial Percomax®
and Percotherm® water heaters. ISO 50001 is a global
benchmark that Sofame's equipment can easily meet and exceed.
Sofame, to our understanding, is currently finalizing
several contracts with major companies and universities and
expects, but cannot guarantee, to realize several million in orders
over the next 6 months."
About QED Connect, Inc.
QED Connect, Inc. is a New York
corporation holding company which makes acquisitions, investments,
and enters into strategic business partnerships. The Company
seeks businesses with strong potential which QED can assist in
achieving their plans and realizing their maximum potential.
This business model achieves the Company's goals and expands
its overall revenue and profits and diversifies through entry into
the multiple market segments. It is QED's intention to help
its partners and subsidiaries realize growth, and that growth
would, in turn, enhance QED's ability to increase shareholder
value. www.qedconnect.com
About Sofame Technologies Inc.
Sofame Technologies Inc. custom engineers and manufactures
unique, high-efficiency direct-contact industrial hot water systems
which extract up to 99 percent of heat from flue gases depending on
the application, and return the energy in the form of hot water or
pre-heated make-up air. Sofame's products help hospitals, food
processing plants, universities, central heating plants, utilities
and many more large energy consumers to significantly reduce fuel
costs and greenhouse gas emissions. Using world-leading, patented
green technology, Sofame serves industrial, institutional and
commercial markets through a network of dedicated engineering
representatives. For more information: www.sofame.com
Safe Harbor Statement
Certain statements in this press release that are not historical
facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
may be identified by the use of words such as "anticipate,"
"believe," "expect," "future," "may," "will," "would," "should,"
"plan," "projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of QED Connect, Inc., (the
"Company") to be materially different from those expressed or
implied by such forward-looking statements. The Company's future
operating results are dependent upon many factors, including but
not limited to the Company's ability to: (i) obtain sufficient
capital or a strategic business arrangement to fund QED's overall
expansion plans; (ii) build the management and human resources and
infrastructure necessary to support the growth of its Joint Venture
with Sofame and to fund QED's growth, generally ; (iii)
successfully obtain and fill potential Joint Venture product
orders; (iv) generate sufficient revenue and efficiently manage
operations to obtain profitability ; (v) competitive factors and
developments beyond the Company's control; and (vi) other risk
factors.
For More Information,
Contact:
|
|
|
|
|
|
QED Connect Inc.
|
Sofame Technologies
Inc.
|
|
info@qedconnect.com
|
john.gocek@sofame.com
|
|
Tom Makmann, President &
CEO
|
John Gocek, President &
CEO
|
|
(603) 425-8933
|
(514) 523-6545 x-200
|
|
|
|
SOURCE QED Connect, Inc.