SOURCE: Grid Cloud Solutions

October 07, 2011 08:00 ET

Grid Cloud Solutions Inc Reports New Product Lines for Energy Savings

SAULT STE MARIE, ON--(Marketwire - Oct 7, 2011) - Grid Cloud Solutions Inc (PINKSHEETS: GRDC) announced it has been granted rights to sell two new product lines under its energy conservation initiatives.

Grid has been granted a Dealer's license for the sale of a proven and patented hydrogen injection module. The technology has been designed, developed and manufactured by Innovative Hydrogen Solutions Inc. (www.ihstruck.com) -- a private Canadian company. The modules provide significant fuel savings to its operators and can be used in mobile and stationery engines. The technology has already been deployed in numerous applications within the transportation industry and is providing significant fuel savings as well as reductions in greenhouse gas and particulate emissions.

Grid has also been granted a sub-dealer's license for the sale of a patented Thermonomics® restorative lubricant from Evergreen Energy Inc which provides up to 10% power savings to air conditioning and chiller units for both commercial and residential applications (www.thermonomics.net).

Grid CEO, Mr Danny Wong, said, "Both product lines offer excellent energy saving opportunities to end users with short payback periods. Given that we have access to large numbers of commercial and residential clients, these new product lines offer us significant sales potential."

Grid Cloud Solutions Inc offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management's approach is aimed at rapid growth through partnerships, mergers and acquisitions using the principals' connectivity and experience in the marketplace.

For more information please visit: www.gridcs.com

Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the OTCMarkets.com including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

Contact Information

  • Investor Relations Contact:
    Grid Cloud Solutions
    Tel. +1 954 707-3043
    Email: Email Contact