SOURCE: EffTec International

January 11, 2011 05:00 ET

EffTec International, Inc. Appoints New Vice President of Sales

Bill Lamb Joins the EffTec Team to Broaden the Scope of Sales Initiative

TULSA, OK--(Marketwire - January 11, 2011) - EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to announce Mr. Bill Lamb as the Company's new Vice President of Sales. Mr. Lamb brings over 15 years of sales experience to EffTec, and has an extensive experience in international marketing and distribution. His primary role with the Company will be to identify and develop lasting and profitable sales and distribution channels, both domestically and internationally. Extreme focus will be placed on initiating networks in places such as Mexico, Canada and various countries in Europe. He will also use his expertise to build upon EffTec's existing relationships and distribution networks in both the United States and Australia.

Mr. Lamb is an extremely skilled and accomplished executive with a proven track record of identifying and developing new target markets and building corporate partnerships to take new products to market. Mr. Lamb spent a total of 8 years in sales and marketing for Zmed, Inc. He spent 4 years living abroad in Germany, Australia and Japan. At Zmed he developed and managed an International Distribution and Service Network in 40 countries. During his 4 year tenure at Zmed in the US, Mr. Lamb grew sales, on average, 70% per year and was heavily involved in the sale of Zmed to the largest company in its sector. Some other major accomplishments include taking a company's market share from 0 to 85% and developing an international distribution network that increased overall sales by 70% in two years. Most recently, Mr. Lamb served as Vice President of Global Distribution for a Northwest Technology company in Bainbridge, WA, where he identified and corrected deficiencies in the company's existing distribution division, and initiated their first sales in Asia while significantly expanding their presence in Latin America.

"We are thrilled to welcome Bill to our team and are excited at the opportunities that his expertise and knowledge will bring to EffTec," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "The recent positive feedback from customers who are utilizing our EffTrack™ system has resulted in a greater awareness of our product in several different markets. With Bill's existing international network and successful background in sales and distribution, we anticipate that doors will be opened for EffTec's sales and distribution channels to grow exponentially."

"EffTec has the most sophisticated solution available in their sector of the clean technology industry, and I am eager to begin implementing strategies that will generate the type of recognition that EffTrack™ deserves," stated Bill Lamb. "An Internet-based, user-friendly tool that significantly reduces overall operating costs for entities of all sizes is something, if marketed and distributed efficiently, that could be needed in almost every facility that utilizes a water-cooled chiller. EffTrack™ has proven to save the end users up to 25% on their utility expenses, and allows the customer to receive a utility credit for having our system. I am proud to be a part of such a great team that has an exceptional solution. I am excited to implement strategies that should develop new markets, and utilize my resources to introduce EffTrack™ to these markets."

About EffTec International, Inc.

EffTec International, Inc., through its wholly-owned subsidiary Efficiency Technologies, developed EffTrack™, an Internet-based analysis and trending tool for water-based chillers. The EffTrack™ system has been proven to reduce energy costs in facilities that utilize the solution by 15-25%, making it an attractive choice to large corporations turning to clean technologies to maximize savings. The system offers many benefits to customers including but not limited to: monitoring chiller performance every 15 minutes thereby extending the life of the equipment, diagnosing and troubleshooting inefficiencies found in analysis, measuring the results of corrective actions, and providing cost analyses of suggested improvements. EffTec's customers include many Fortune 100 companies, universities, and major healthcare facilities across the US. For more information, visit www.efftec.com

NOTE ABOUT FORWARD-LOOKING STATEMENTS

With the exception of historical information, this press release contains forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions such as "will be". In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties, such as general economic conditions that could limit the acceptance of EffTec's product, increased competition, any event leading to the termination of key executive employees, the ability to provide EffTrack™ monitoring systems to our customers and other risks relating to our business. EffTec does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact Information

  • Contact and inquiries:
    Michael Irving
    Paramount Advisors, LLC
    800-380-4846
    mike@parvise.com