CHRONs Affiliate, Zen Technologies, Announces Launch of
Commercial Services Division and Zero-Cost Program
DALLAS, TX -- February 1, 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 three weeks, however,
the Company is pleased to announce that it has already executed
engagement contracts with 10 commercial clients. The Company is
forecasting to enroll approximately 30 to 40 commercial clients
during the first quarter of 2017 as part of the 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. The Zero-Cost Program allows clients to take full
advantage of Zens commercial offering, while not incurring any new
out-of-pocket expenses. This is accomplished via a
performance-based services contract, whereby Zen is guaranteeing
savings for the customer.
Commercial, industrial and municipal customers can now implement
the latest in smart controls and energy conservation technologies,
while also making improvements to their bottom line. CHRONs
Chairman, Byron Young, said.
The Zero-Cost Program has provided a way for Zen to distinguish
itself from all of its competitors, whether that be alarm/security
companies, automation companies, or even energy brokers, as no one
else in the industry is presenting a comparable offer. The
Zero-Cost Program is a financial tool that business owners and
decision makers can use to retrofit their businesses to the latest
technology, help achieve sustainability goals and increase their
net operating income.
Among Zens first clients is a Texas-based company that owns and
manages a real-estate portfolio encompassing retail, mixed-use,
multi-family, grocery chains and healthcare related assets.
Petromark, one of its divisions, recently contracted over 150 (and
counting) convenient store/gas stations to take full advantage of
Zens Zero-Cost Program. Zen is nearing completion on all site
surveys and will soon be in the analytical phase of the sales
process, which will be followed by underwriting and
installation.
Our early estimates indicate that there will be a significant
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 up the program that we will see materially-significant
revenue levels, said CHRONs President & CEO, Alex
Rodriguez.
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