Greenway Design Group, Inc. (GDGI.PK) Announces a "Green" Partnership in Jamaica
March 10 2011 - 6:30AM
Marketwired
Greenway Design Group, Inc. (http://www.greenwaydesigns.com/)
(PINKSHEETS: GDGI) has received approval from the Electricity
Division of the Commerce, Science and Technology Ministry of
Jamaica to begin installation of Cool-n-Save pre-cool systems in
Jamaica. The approval was granted by Solomon Burchell, the Director
of the division.
"I anticipate that Cool-n-Save will be an integral part of
getting a handle on the dramatic energy shortage we are
experiencing here," says Burchell. "Cool-n-Save may allow many
thousands of Jamaicans who have been reluctant to use air
conditioning due to high energy cost. This represents a huge change
in lifestyles but may also help increase commerce and job
growth."
A test of Cool-n-Save in Jamaica began early this year.
Government and business enthusiastically received the test results.
Mr. Aggrey Palmer has been approved by Greenway Design Group to be
the Cool-n-Save dealer representative in Jamaica.
"We are very enthusiastic about the amount of carbon reduction
represented by energy reduction from Cool-n-Save," says Palmer.
"For local environmental reasons as well as a potential economical
homerun, this may allow us to increase our share of carbon credits
we may be able to trade internationally from the international
carbon credit program."
At present, about 200 Cool-n-Save high performance commercial
systems have been installed in the U.S. The Company has sold
approximately 16,000 Cool-n-Save residential pre-cool
do-it-yourself installation kits. For more information about the
company and its products, call 714-892-0011 or visit
www.coolnsave.com and 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 INFORMATION: Ray Wyman Jr Communications Dir
EMAIL: Email Contact OFFICE: 714-892-0011 x26 CELL:
714-330-2232
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