Atlantic Energy Solutions Achieves Largest Savings to Date for Property Management Company
January 29 2009 - 9:15AM
Marketwired
Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) has implemented
an extensive energy savings plan with a property management company
headquartered in Baltimore, Maryland. The property management
company engaged Atlantic Energy to take the lead in developing and
implementing a plan to reduce its rising energy expenses that occur
from its use of six million KWH per year of electricity
consumption.
Atlantic Energy utilized its industry expertise of engineering
resources as well as a key relationship with an energy broker to
manage the property management company's supply of electricity and
consumption.
The result of implementing these energy consumption plans
created the means that have enabled substantial annual energy
savings for the property management company and the largest savings
to date for an Atlantic Energy customer. The property management
company oversees energy use for over 50 buildings and 50 million
square feet.
Atlantic Energy Solution's CEO, Tim Brock, said, "The service
that we have provided for this customer is a great example of our
company's diversification in meeting the objectives of our clients.
One of my strategic objectives for Atlantic Energy is to create new
recurring revenue streams that supplement our core services." Mr.
Brock continued, "Developing revenue streams such as compensation
for energy broker referrals creates more ways to save our customers
money, continually improve the environment, and grow Atlantic
Energy into a more valuable company for its shareholders."
Atlantic Energy is currently delivering a proposal for the
property management company that includes a total building project
involving renewable green technologies, HVAC upgrades, lighting,
and other structural improvements. This combination of services
will enable even greater energy savings for the Baltimore based
company.
About Atlantic Energy Solutions, Inc.
Atlantic Energy Solutions is a globally accredited Energy
Efficiency and Resource Company and member of NAESCO
(www.Naesco.org) that identifies, implements, and finances energy
efficiency projects designed to improve the overall efficiency of
energy, water usage and renewable resources, reducing our
dependency on foreign oil and diminishing our carbon footprint.
Headquartered in Saratoga Springs, NY and with a satellite office
in Fairfield, NJ, Atlantic Energy Solutions assesses the energy
demands and usages of municipal, corporate and industrial complexes
to improve conservation and apply measures to bolster savings at
the consumer level.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act of 1995. Those
statements include statements regarding the intent, belief or
current expectations of Atlantic Energy Solutions Inc., and members
of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include, but are not limited to,
fluctuation of operating results, the ability to compete
successfully and the ability to complete before-mentioned
transactions. The company undertakes no obligation to update or
revise any forward-looking statements.
CONTACT: Rich Inza ir@atlanticenergy.net 1-866-788-1600
www.atlanticenergy.net
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