Efficiency Technologies, Inc. Enters Into New Licensing Agreement With ChemCal, Inc.
August 08 2005 - 11:36AM
PR Newswire (US)
TULSA, Okla., Aug. 8 /PRNewswire-FirstCall/ -- Efficiency
Technologies, Inc., (EffTec), a wholly-owned subsidiary of American
Resource Management, Inc. (OTC Pink Sheets: ARMM), announced that
it has entered into a licensing agreement with ChemCal, Inc.
Pursuant to the licensing agreement, EffTec will integrate
EffHVAC(TM) into ChemCal's E-Service Report software. EffHVAC is a
powerful easy to use Internet-based chiller, boiler and plate
exchanger efficiency and trending tool that affords facilities the
ability to document, monitor, evaluate and manage chiller system
performance. ChemCal is a progressive, Texas-based water treatment
company located in Grapevine, Texas. ChemCal provides service and
support for a variety of institutional and industrial accounts
throughout the southern United States. E-Service Report customers
will have immediate access to their EffHVAC service with the click
of a button, without having to use an additional log in. "We are
very excited about our partnership with ChemCal. Being an
aggressive, technology-savvy company, ChemCal is a perfect partner
to bring our technology to the end users who are already accustomed
to and accepting of Internet-based services," stated Don Clark,
Vice-President of EffTec. About Efficiency Technologies, Inc.
Efficiency Technologies, Inc. ("EffTec") has developed a web-based
energy management service for centrifugal chillers, boilers and
plate exchangers called EffHVAC(TM). The Department of Energy has
estimated that chillers waste up to 30% of their cooling energy
through inefficiency. It is also estimated that there are over
100,000 centrifugal chillers in the United States. Chiller
inefficiencies cost the industry, government and institutional
operators over one billion dollars annually. EffTec's web-based
service provides a diagnostic tool that enables facility managers
the ability to evaluate, monitor and manage their HVAC plant's
performance. Efficient monitoring and management can save tens of
thousands of dollars per year in energy and maintenance costs. ARMM
is an energy resource-based holding company in Tulsa, Oklahoma.
Forward-looking statements in this release are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to
certain risks, and uncertainties and actual results could differ
from those discussed. This material is information only and is not
an offer or solicitation to buy or sell the securities. DATASOURCE:
American Resource Management, Inc. CONTACT: Don Clark,
Vice-President of Efficiency Technologies, Inc., +1-866-333-8321,
or fax, +1-918-712-7775 Web site: http://www.efftech.com/
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