Zen Technologies Completes Initial Zero-Cost Commercial
Customer Installation - Successful Testing of Zens Systems,
Infrastructure, Logistics, and Technicians
DALLAS, TX -- September 6, 2017 -- InvestorsHub NewsWire -- Zen
Technologies, Inc. (Zen), a wholly-owned subsidiary of The Chron
Organization, Inc. (OTCQB:
CHRO) announced today that it has officially completed initial
Zero Cost installation projects at three (3) different locations.
This small, but highly critical project encompassed the replacement
of 171 different light settings, with newer, efficient light
emitting diode (LED) bulbs; furthermore, the project also included
HVAC upgrades in the way of motor controllers at each location, all
at no out of pocket cost to the customer.
In most circumstances, such installations will never take longer
than 5 to 30 working days duration. However, in this case, we
wanted to test every aspect of the onboarding process, including
but not limited to, equipment sourcing, ordering of materials,
shipping and receiving, site preparation, installation,
documentation, tracking and receipt of all materials, exception
handling, quality control, installation and onsite testing,
customer walk through, and final hand-off process to the
customer.
CHRO CEO Alex Rodriguez, said, This is truly a monumental
milestone that legitimizes our Zero Cost Program. This small deal
is worth 7 years (84 months) of revenue for us at an approximate
50% gross margin. To help put this in perspective, CHRO has just
under 70 additional site locations wherein we have completed their
audit and are also ready for installation. Keep in mind that not
included in this pipeline is the slew of commercial, industrial,
and municipal prospects who have already started the engagement
process with us.
Zens executive leadership is (at the time of this press release)
engaged with and/or in early discussions with the City of
Lewisville, the City of Houston, the City of Frisco, Okumogee
County, Hotel and Grocery chains, and some of the largest
restaurant franchisees in the nation.
Zens VP of Business Development, Jeff Bay-Andersen, said, As
exciting as this news is, it is important to note that the above
results stem from very early, pre-launch marketing efforts. We have
access to thousands of sales associates with whom we can release
this program through our sister company, NAUP Brokerage. Our
biggest challenge remains having a steady and scalable
project-financing partner for our Zero Cost contracts, but we are
very close to figuring that out. Once that happens, then it really
gets interesting. I cant imagine how fun it will be to be able to
scale this program unhindered.
Rodriguez added, Its just a win-win-win situation all the way
around--the customer sees great savings and receives a great
service without incurring any new out-of-pocket expenses while we,
of course, get a happy customer and a long-term revenue stream for
seven (7) years. To make matters even better, we get to give back
in a powerful and meaningful manner. Not only does our energy
conservation project realize immediate savings for our commercial
customers, it also helps to decrease air pollution and
environmental damage by removing significant amounts of carbon
emission each year. In this specific case, our solutions will
significantly reduce the customers average amount of harmful carbon
emissions per year from a staggering 1,042,221 lbs. all the way
down to 278,560 lbs., which is a whopping 73% reduction in carbon
emissions. Of course, this is in alignment with the Zen
mission.
To put those numbers in perspective, that decrease is equivalent
to not using 14,218 gallons of gasoline or not burning 134,830
pounds of coal. Moreover, in terms of the amount of carbon
sequestered by this deal, it represents 3,275 tree seedlings grown
for 10 years and 119.6 acres of forest in one (1) year.
The Company expects to have more announcements on completed Zero
Cost projects in the near future.
ABOUT THE CHRON ORGANIZATION, INC.
The Chron Organization, Inc. (OTCPK:
CHRO), is an entrepreneurial-minded company founded and
envisioned by Mr. Byron Young and Mr. Alex Rodriguez. The Companys
purpose is to develop a portfolio of highly successful and unique
wholly owned businesses by providing incubation, advisory, and
capital services to the same. CHRONs interests include the smart
home services, Internet of Things (IoT) platforms, deregulated
energy & energy efficiency offerings. To learn more about
CHRON, visit the companys corporate website at www.chronorganization.com.
ABOUT ZEN TECHNOLOGIES, INC.
Zen Technologies, Inc. (Zen) is a next-generation technology
firm committed to bringing all the benefits of smart controls to
millions of homeowners, apartment dwellers, and business owners
across the US. Zen provides consumers a custom suite of products
and services to enrich their lifestyle, however they want. Zen
offers home automation, security monitoring, retail energy, and
energy conservation solutions so families and business owners can
connect to their home and business respectively to manage everyday
operations from the comfort and convenience of their smartphones or
Internet-connected smart devices. To learn more, visit www.livewithzen.com.
FORWARD-LOOKING STATEMENTS
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results) and other factors discussed from time to time in
our Securities and Exchange Commission filings. These statements
are forward-looking and are subject to risks and uncertainties, so
actual results may vary materially. You can identify these
forward-looking statements by words such as may, should, expect,
anticipate, believe, estimate, intend, plan and other similar
expressions. Our actual results could differ materially from those
anticipated in these forward-looking statements as a result of
certain factors not within the control of the Company. The Company
cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made.
The Company disclaims any obligation subsequently to revise any
forward-looking statements to reflect events or circumstances after
the date of such statements or to reflect the occurrence of
anticipated or unanticipated events.
INVESTORS & MEDIA CONTACT:
Email: investors@chronorganization.com
Phone: (469) 626-5275
Fax: (469) 626-5101