SOURCE: GreenCore Technology, Inc.

August 06, 2008 08:00 ET

GreenCore Solar Air Conditioners to Be Installed in McDonald's Restaurant

McDonald's Franchisee in Dallas, TX Purchases GreenCore Solar Air Conditioners

RANCHO CUCAMONGA, CA--(Marketwire - August 6, 2008) - GreenCore Technology, Inc., formerly AquaCell Technologies, Inc. (PINKSHEETS: AQUA) announced today that its Texas distributor, Solar Green Solutions, has sold the Company's GreenCore 10200 solar powered DC air conditioners to a McDonald's franchisee for installation in a McDonald's restaurant. McDonald's will be supplementing its traditional air conditioning system with the GreenCore solar DC air conditioners in order to reduce energy usage and related monthly operating costs.

Brian Becker, President of Solar Green Solutions, said, "McDonald's is a great high-profile application for the GreenCore Solar Air Conditioner. The ability to bring hybrid air conditioning to reduce the McDonald's restaurant's operating costs was very important to the franchisee for many reasons, not the least of which is their desire to 'go green.'"

Mr. Becker continued, "We are very optimistic about expanding this market application beyond this particular franchisee. With the recent heat wave we have experienced in the Dallas area, we are even more excited about the opportunity to bring this alternative energy climate control product to our growing customer base."

Kevin Spence, GreenCore's President and Chief Financial Officer, said, "We are extremely excited about this customer opportunity for our GreenCore solar powered DC air conditioner brought to us by Solar Green Solutions. We are convinced that as exposure to our product becomes more widespread, applications for our solar powered DC air conditioner will expand far beyond our initial target markets."

The GreenCore solar powered DC air conditioner (www.greencoreair.com) combines the most efficient photovoltaic technology with DC engineered air conditioning innovation to provide climate control that does not contribute to greenhouse gas emissions and global warming. The system has been designed to efficiently operate completely grid-free or as a hybrid air conditioning unit.

About GreenCore Technology

GreenCore Technology, Inc., formerly AquaCell Technologies, Inc. (www.aquacell.com) is based in Rancho Cucamonga CA. GreenCore develops, manufactures and markets "green" technology products. GreenCore is dedicated to helping conserve energy and natural resources while reducing pollutants and unwanted biological agents.

GreenCore is the world's only producer of a patented DC air conditioner powered by solar energy. The Company also manufactures earth-friendly water coolers designed to eliminate the energy required to produce and deliver traditional bottled water, as well as the waste generated in landfills.

Safe Harbor. Statement Under the Private Securities Litigation Reform Act of 1995.

Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Forward-looking statements include, but are not limited to, statements about: our ability to continue relationships with customers; our ability to offer our products at competitive prices; and our ability to use the most current technology for our products.

Contact Information

  • Contact:
    Karen Laustsen
    (909) 987-0456