Greenway Design Group, Inc. (GDGI.PK) Announces Field Test Results
February 04 2011 - 11:44AM
Marketwired
Greenway Design Group, Inc. (PINKSHEETS: GDGI) has released the
results of extensive field tests that show that its water mist
pre-cooling system may produce energy cost savings as high as 30%,
with an average savings of about 26%.
The Company noted that six commercial site tests in two years
have produced similar results. At International Rubber, of
Dominguez Hills, CA, Cool-n-Save produced a savings of $3,949 in
one month. At an ARCO AM/PM Gas Station in Moreno Valley, CA, the
technology generated $1,620 in savings from the prior summer. The
City Club Store, in Lincoln Monterrey N.L., Mexico, Dollar Tree,
Inc., Chesapeak, VA, and installations at Dal-Tile in Southlake, TX
and Miami, FL all reported an average reduction of energy use of
commercial HVAC systems of 25 to 26%.
A test of Cool-n-Save in July 2010 at Stihl, Inc. in Virginia
Beach, VA showed an average 15% decrease in fan temp exhaust; 32%
reduction of ambient air temp (around the tested units); 38%
reduction of AMP draw and 39% reduction of kilowatts consumed.
Testing is currently underway at Nellis Air Force Base, Mathis
Brothers Furniture, Chesapeake Energy Solutions, El Polo Loco,
Rexel Electric, R.R. Donelly, Darden, Hughes Aircraft and other
sites.
More than 16,000 property owners currently use Cool-n-Save®. For more information about the company
and its products, call 866-680-7846 or visit www.coolnsave.com or
www.greenwaydesigns.com.
FORWARD-LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS."
FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS,
OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS,
PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE,
UNDERLYING (EXPRESSED OR IMPLIED) ASSUMPTIONS AND OTHER STATEMENTS
THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING
STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT
SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY
DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN
LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE
NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR
COMPARATIVELY LIMITED FINANCIAL AND MANAGERIAL RESOURCES, OUR
INABILITY TO MARKET AND SELL OUR LIMITED PRODUCT LINE IN SUFFICIENT
VOLUMES THAT MAY ALLOW US TO ACHIEVE AND MAINTAIN PROFITABILITY AND
POSITIVE CASH FLOW, THE UNCERTAINTY OF MARKET TRENDS, THE INTENSE
COMPETITION FACED FROM OTHER CURRENT AND FUTURE TECHNOLOGIES AND
THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER
RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE
FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING
STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH
STATEMENTS.
"Cool-n-Save" and "Cool Release" are registered trademarks of
Greenway Design Group, Inc. Contact Ray Wyman Jr., communications
director, regarding the contents of the press release by emailing
ray@coolnsave.com or by calling 866-680-7846, ext 22.
CONTACT INFORMATION: Ray Wyman Jr Communications Dir
EMAIL: Email Contact OFFICE: 866-680-7846, ext 22 CELL:
714-330-2232
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