CHRONs Affiliate, Zen Technologies, Announces Partnership with
Oklahoma Grocers Association
DALLAS, TX, Zen Technologies, Inc. (Zen), a wholly-owned
subsidiary of The CHRON Organization, Inc. (Ticker:
CHRO), announced today that it has entered into a strategic
marketing partnership with the Oklahoma Grocers Association (OGA)
to offer the Zen Technologies Commercial Zero-Cost Program to
members of the OGA. The OGA is a state trade association that
represents the food industry of over 1,800 independent grocers,
convenience stores, suppliers and wholesalers throughout Oklahoma.
As part of the agreement, a portion of the proceeds will be paid to
the OGA for each location Zen upgrades.
The OGA was founded in 1938 and is a branch of the National
Grocers Association, which represents tens of thousands of retail
and wholesale grocers whom comprise the independent sector of the
food distribution industry. Jeff Bay-Andersen, Zens VP of business
development, and Ron Edgmon, OGAs president & CEO, began
discussing the potential partnership between the two companies in
December 2016.
Were so excited about this deal because grocery stores benefit
from these savings more than almost any other industry, and on top
of that, Oklahoma regulates energy so business owners are always
looking for new energy solutions, Bay-Andersen said. Additionally,
through the OGA we are connected to the National Grocers
Association and plan to take this program nationwide.
At an average annual energy cost of more than $4 per square
foot, energy costs make up the largest portion of the annual
operating budget after labor costs in the grocery retail industry,
making supermarkets the most electricity-intensive type of
commercial building, according to Energy Star. With Zens Zero-Cost
Program, supermarket owners will be able to save a minimum of 25
percent of monthly energy costs, if not more. There is no cost to
the grocery store upfront for the energy saving solutions as the
equipment is paid back from the savings generated monthly. The
program is available in both regulated and deregulated energy
markets nationwide.
I just got back from the NGA trade show in Las Vegas and I could
not stop talking about this partnership with my colleagues, Edgmon
said. They were all incredibly interested in learning more about it
because there is simply no one else catering to this issue within
the grocery retail market. The timing could not be more
perfect.
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ABOUT ZEN TECHNOLOGIES, INC.
Zen Technologies, Inc. (Zen) is a 21st century home services
company whose mission is to bring all the benefits of the Smart
Home to millions of homeowners and apartment dwellers across the
United States. Zen provides a custom, concierge solution, for each
of our consumers, featuring the most modern and effective products
and solutions for home automation, security and monitoring. Zen
combines our exclusive and customizable product solutions with
green energy services, which allows our consumers to save money on
their monthly energy costs, while reducing their long-term carbon
footprint. To learn more, visit www.livewithzen.com.
FORWARD-LOOKING STATEMENTS
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words "believe," "expect," "should," "intend," "estimate,"
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identify forward-looking statements, but their absence does not
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forward-looking statements are based upon the company's current
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forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the company's filings at www.OTCMarkets.com
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