CHRONs Affiliate, Zen Technologies, Announces Launch of
Commercial Services Division and Unique Program
DALLAS, TX -- January 31, 2017 -- InvestorsHub NewsWire -- The
CHRON Organization, Inc. (Ticker:
CHRO), announced today that it has launched its commercial
services division under its wholly owned subsidiary Zen
Technologies, Inc. (Zen). The Zen Commercial Services initiative
has been in a pre-launch mode over the past 3 weeks, however, it is
pleased to announced that it has already executed engagement
contracts with ten (10) commercial clients. The Company is
forecasting to enroll approximately thirty (30) to forty (40)
commercial clients during the first quarter of 2017 as part of its
pre-launch phase.
Zens commercial offering is a sophisticated blend of smart
controls, security and energy conservation technologies. In
addition to its suite of commercial solutions, Zen is also pleased
to announce a cutting-edge payment option called the Zero-Cost
Program, which allows clients to take full advantage of Zens
commercial offering, while not having to pay anything out of
pocket. This is accomplished via a performance-based services
contract, with guaranteed savings. CHRONs Chairman, Byron Young,
commented, commercial, industrial and municipal customers can now
implement the latest in smart controls, while also making
improvements to the bottom line.
The Zero-Cost Program has provided a way for Zen to separate
itself from all of its competitorsalarm/security companies,
automation companies, or even energy brokers. It is a financial
tool that business owners and decision makers can use to retrofit
their businesses, help achieve sustainability goals and increase
their net operating income.
This program is a game changer and is something that we believe
will account for approximately fifty percent of our revenue over
the next few years, commented CHRON President and Zen CEO, Alex
Rodriguez.
Among Zens first clients is a Texas-based company that owns and
manages a fast growing real-estate portfolio encompassing retail,
mixed-use, multi-family, grocery chains and healthcare-related
assets. Petromark, one of its divisions recently signed over 150
(and counting) convenience stores/gas stations to take full
advantage of Zens commercial services and the Zero-Cost Program.
Zen has completed all site surveys and is now in the analytical
phase of the sales process, which will be followed by underwriting
and then implementation.
Our early estimates indicate that there will be at least a 35
percent reduction in electricity consumption for Petromark,
commented Zens VP of Business Development, Jeff Bay-Andersen.
Those interested in learning more about the Zero-Cost program
can contact Bay-Andersen at jeffb@zenhomeservices.com.
While the Company is expecting to report a nice revenue jump for
the first quarter, it will not be until Q2 and Q3 when we begin to
really ramp the program up that we will see materially-significant
revenue levels, Rodriguez said.
ABOUT ZEN TECHNOLOGIES, INC.
Zen Technologies, Inc. (Zen) is a 21st century home services
company whose mission is to bring all the benefits of the Smart
Home to millions of homeowners and apartment dwellers across the
United States. Zen provides a custom, concierge solution, for each
of our consumers, featuring the most modern and effective products
and solutions for home automation, security and monitoring. Zen
combines our exclusive and customizable product solutions with
green energy services, which allows our consumers to save money on
their monthly energy costs, while reducing their long-term carbon
footprint. To learn more, visit www.zenhomeservices.com
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The
words "believe," "expect," "should," "intend," "estimate,"
"projects," variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the company's current
expectations and are subject to a number of risks, uncertainties
and assumptions. The company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the company's filings at www.OTCMarkets.com
INVESTORS & MEDIA CONTACT:
Email: investors@chronhomeservices.com
Phone: (469) 626-5275
Fax: (469) 626-5101