SOURCE: EffTec International

April 18, 2011 05:00 ET

EffTec International, Inc. Completes Add-On Installation for Fortune 100 Computer Manufacturer

EffTrack's™ Outstanding Performance Prompted Add-On Installation to Monitor Eight Additional Chillers

TULSA, OK--(Marketwire - Apr 18, 2011) - EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today that the Company has successfully fulfilled an add-on purchase order that was received from a major computer manufacturer last month. The previously announced results from a preliminary installation for the customer earlier this year prompted the additional order, which will monitor eight chillers in various facilities.

The EffTrack™ system is the most innovative analysis and trending tool for water-cooled chillers, also known as HVAC units, available today. The Internet-based solution will collect, store and analyze the data from the chiller, identify and diagnose any problems or inefficiencies and recommend corrective action to improve the performance of the equipment. EffTrack™ has proven that it can save customers anywhere from 15-25% on their energy costs, therefore drastically reducing operating costs. EffTrack™ was installed at this customer's Texas facility and ran for an entire cooling season, during which the system identified and exceeded the anticipated savings originally proposed to the customer.

"This customer in particular has had a tremendous impact on our business," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "We are confident that the eight additional chillers that have just been connected to EffTrack™ will add to the energy savings that the customer is enjoying, solidifying our Company's position as the choice for major corporations in all industries looking to optimize energy that is consumed by water-based chillers."

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. 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, the Company's ability to provide EffTrack™ monitoring systems in accordance with growing demand, 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