SOURCE: Greenway Design Group, Inc.

Greenway Design Group, Inc.

March 09, 2011 06:30 ET

One Cool-n-Save Residential System Equals 38 Compact Fluorescent Light Bulbs

HUNTINGTON BEACH, CA--(Marketwire - March 9, 2011) - Greenway Design Group, Inc. (http://www.greenwaydesigns.com/) (PINKSHEETS: GDGI) has found that its consumer product, the Cool-n-Save residential kit, can produce greater energy savings at about the same cost as Compact Fluorescent Lights (CFL).

"A few years ago, the U.S. Department of Energy (DOE) promoted compact fluorescent lights (CFLs)," says Darius Jakubik, the Senior Vice President of the corporation. "They claimed that if every American home replaced one regular incandescent light bulb with a compact florescent light bulb, America could save enough energy to light more than 3 million homes for a year, generate more than $600 million in annual energy savings and reduce greenhouse gas emissions equal to 800,000 cars. 

"Applying the same residential energy consumption data used by the DOE," continues Jakubik, "ONE residential Cool-n-Save is about equal to 38 CFLs."

Jakubik concludes that if only 1 in 10 American homes with central air conditioning installed a Cool-n-Save system, American consumers could save enough energy to light 721,000 homes, reap a projected $2.3 billion in annual energy savings, and eliminate the greenhouse emission equivalent of about 1 million cars. He also notes that the cost of 38 CFLs is almost the same cost of one residential Cool-n-Save kit.

More than 16,000 commercial and residential property owners currently use Cool-n-Save®.  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" and "Cool Release" 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