SOURCE: Greenway Design Group, Inc.

Greenway Design Group, Inc.

March 16, 2011 09:30 ET

Greenway Design Group, Inc. Announces Hughes Network Solutions Installation

HUNTINGTON BEACH, CA--(Marketwire - March 16, 2011) - Greenway Design Group, Inc. (PINKSHEETS: GDGI) today announced client approval to install a Cool-n-Save commercial pre-cool system at a 100,000 square foot data storage and networking facility operated by Hughes Network Solutions in Las Vegas, NV. The installation involves 11, 20-ton chillers and two, 20-ton Carrier condensers and will also supply purified water for the humidification system that services the data storage facility.

According to installation documents, anticipated energy savings is about $80,000 per year or approximately $10,000 per month. "At the projected rate of savings, the client may see a total return of their investment within six months of activation. We are in touch with NV Energy to help our client apply for a rebate, which could make that even sooner," says Darius Jakubik, Senior Vice President of Greenway Design Group, Inc.

Jakubik notes that this is the first time that Greenway's HERO™ (High Efficiency Reverse Osmosis) water filtration system has been used to supply a client with purified water for a purpose other than to supply the Cool-n-Save misting system with mineral-free water. "This is new territory for HERO; it passed Hughes' humidifier requirements with flying colors," says Jakubik.

At present, about 200 Cool-n-Save high performance commercial systems have been installed in the U.S. The Company has also sold approximately 16,000 Cool-n-Save residential pre-cool do-it-yourself installation kits. For more information about the company and its products, call 714-892-0011 or visit www.coolnsave.com and www.greenwaydesigns.com.

FORWARD-LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS." FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASSUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR COMPARATIVELY LIMITED FINANCIAL AND MANAGERIAL RESOURCES, OUR INABILITY TO MARKET AND SELL OUR LIMITED PRODUCT LINE IN SUFFICIENT VOLUMES THAT MAY ALLOW US TO ACHIEVE AND MAINTAIN PROFITABILITY AND POSITIVE CASH FLOW, THE UNCERTAINTY OF MARKET TRENDS, THE INTENSE COMPETITION FACED FROM OTHER CURRENT AND FUTURE TECHNOLOGIES AND THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH STATEMENTS.

"Cool-n-Save," "Cool Release," and "HERO -- High Efficiency Reverse Osmosis" are registered trademarks of Greenway Design Group, Inc.

Contact Information

  • CONTACT INFORMATION:
    Ray Wyman Jr
    Communications Dir
    EMAIL: Email Contact
    OFFICE: 714-892-0011 x26
    CELL: 714-330-2232