SOURCE: EffTec International

March 16, 2011 05:00 ET

EffTec International, Inc. Reports Exceptional Results From EffTrack™ Installation

Fortune 100 Computer Manufacturer Provides Positive Feedback Regarding EffTrack™

TULSA, OK--(Marketwire - March 16, 2011) - EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to provide the results of its EffTrack™ system at a major computer manufacturer in Texas. The solution was installed with the intention of being functional for an entire cooling season in order to accurately measure its effectiveness. EffTec is receiving reports that EffTrack™ has identified the anticipated savings that was proposed to the customer prior to the signing of a contract. Due to the success of this preliminary installment, the customer has provided EffTec with a purchase order to install the EffTrack™ system in additional facilities this year.

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. Case studies and results from installations in facilities have shown payback on their original investment for EffTrack™ in as few 12 months. Additionally, because EffTrack™ is a clean technology solution, customers can receive a utility credit, making it even more appealing to a broad range of customers and industries, such as Fortune 500 companies, large hotels, property management companies, manufacturing facilities, major universities, and medical facilities.

"We are pleased to have received such positive feedback from this customer in particular," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "Not only did EffTrack™ perform as promised, but this success opens the door for our Company to build relationships with other major corporations in the computer manufacturing and data center space."

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 ability to provide additional EffTrack™ monitoring systems to the customer 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