SOURCE: Greenway Design Group, Inc.

Greenway Design Group, Inc.

November 18, 2011 14:06 ET

Leasing Financing Plan Announced for New Cool-n-Save Commercial Customers

HUNTINGTON BEACH, CA--(Marketwire - Nov 18, 2011) - Greenway Design Group, Inc. (PINKSHEETS: GDGI) today announced that it has reached an agreement with Atticus Financial Group based in Vancouver, BC to offer leasing programs for Cool-n-Save commercial systems. Lease plans are available now through Greenway's U.S. dealers.

"This is a huge turn of events for the company," says Ben Lefrancois, Greenway's President and Chairman of the Board. "The up-front cost outlay for Cool-n-Save equipment and installation has always been a barrier for many of our customers. This leasing program brings us into the same scope of business as any other equipment acquisition."

Atticus Financial Group has been in business since 2001 and is a leader providing equipment financing for 'green' equipment such as biomass boiler systems, water treatment systems, LED lighting retrofits, and high-efficiency HVAC systems and upgrades.

"The problem with 'going green' has always been a difficult one to overcome," comments Lefrancois. "This is especially true with new technology deployments like ours. With this leasing program and our fast ROI, our customers get the best of both worlds."

He points out that by the end of a three-year leasing program, many Cool-n-Save commercial customers will be cash positive when energy savings begin to pay for the lease. "The savings generated could be more than the monthly payments," he remarks. "And once the equipment has finished paying for itself, the savings will be even greater."

Cool-n-Save is an award-winning and patented energy conservation innovation that uses evaporation to reduce HVAC energy consumption by as much as 30%. The company has been developing evaporative pre-cool misting technology for commercial and residential air conditioning since 2005. The company recently won the Harvey Mudd College/TechAmerica High-Tech Innovation Award for Green Engineering. Cool-n-Save is available for commercial and residential air conditioning systems. Commercial Cool-n-Save systems feature HERO, a high-efficiency turn-key water treatment and mechanical filtration system also patented by the company. Cool-n-Save is manufactured and marketed in the U.S.A. For more information about Greenway Design Group, Inc. and Cool-n-Save, 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 Water Treatment System" are registered trademarks of Greenway Design Group, Inc.

Contact Information

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