SOURCE: Greenway Design Group, Inc.

Greenway Design Group, Inc.

March 08, 2011 19:43 ET

Greenway Design Group, Inc. (GDGI.PK) Announces Cool-n-Save Nike Installation

HUNTINGTON BEACH, CA--(Marketwire - March 8, 2011) - Greenway Design Group, Inc. (http://www.greenwaydesigns.com/) (PINKSHEETS: GDGI) today announced plans to install a Cool-n-Save HVAC pre-cool system at the 180,000 square foot Nike Team Sports (NTS) facility located in Foothill Ranch, CA. Five years of field tests have shown that Cool-n-Save water mist pre-cooling may produce HVAC energy cost savings as high as 30%.

"We are looking forward to helping Nike advance its mission to move toward a low-carbon economy with energy-saving innovations like Cool-n-Save," says Ben Lefrancois, CEO of Greenway Design Group, Inc., manufacturer of Cool-n-Save systems. "Cool-n-Save offers very quick results and a fast return on investment that's often less than one year."

"The link between sustainability and Nike has never been clearer," said John Tye, production manager of the Foothill Ranch sports facility. "We're very happy to ask Cool-n-Save help us tackle these complex issues."

The Foothill Ranch installation will be used to evaluate Cool-n-Save for future possible expanded installation at other Nike facilities in the U.S. 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.

Both systems feature Cool Release™, a patented and proprietary water treatment system that chemically inhibits scaling. The commercial system also features HERO™ (High Efficiency Reverse Osmosis) in regions where mineral content is very high. 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