SOURCE: Greenway Design Group, Inc.

Greenway Design Group, Inc.

February 04, 2011 11:44 ET

Greenway Design Group, Inc. (GDGI.PK) Announces Field Test Results

HUNTINGTON BEACH, CA--(Marketwire - February 4, 2011) -  Greenway Design Group, Inc. (PINKSHEETS: GDGI) has released the results of extensive field tests that show that its water mist pre-cooling system may produce energy cost savings as high as 30%, with an average savings of about 26%.

The Company noted that six commercial site tests in two years have produced similar results. At International Rubber, of Dominguez Hills, CA, Cool-n-Save produced a savings of $3,949 in one month. At an ARCO AM/PM Gas Station in Moreno Valley, CA, the technology generated $1,620 in savings from the prior summer. The City Club Store, in Lincoln Monterrey N.L., Mexico, Dollar Tree, Inc., Chesapeak, VA, and installations at Dal-Tile in Southlake, TX and Miami, FL all reported an average reduction of energy use of commercial HVAC systems of 25 to 26%.

A test of Cool-n-Save in July 2010 at Stihl, Inc. in Virginia Beach, VA showed an average 15% decrease in fan temp exhaust; 32% reduction of ambient air temp (around the tested units); 38% reduction of AMP draw and 39% reduction of kilowatts consumed.

Testing is currently underway at Nellis Air Force Base, Mathis Brothers Furniture, Chesapeake Energy Solutions, El Polo Loco, Rexel Electric, R.R. Donelly, Darden, Hughes Aircraft and other sites.

More than 16,000 property owners currently use Cool-n-Save®.  For more information about the company and its products, call 866-680-7846 or visit www.coolnsave.com or 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" and "Cool Release" are registered trademarks of Greenway Design Group, Inc. Contact Ray Wyman Jr., communications director, regarding the contents of the press release by emailing ray@coolnsave.com or by calling 866-680-7846, ext 22. 

Contact Information

  • CONTACT INFORMATION:
    Ray Wyman Jr
    Communications Dir
    EMAIL: Email Contact
    OFFICE: 866-680-7846, ext 22
    CELL: 714-330-2232