Clean Energy Pathways' New Energy Auditing Division Off to Strong Start
March 17 2011 - 9:11AM
Marketwired
Clean Energy Pathways, Inc. (PINKSHEETS: CPWY), a renewable energy
solutions company, has established an energy auditing division that
is already experiencing considerable success. This high-margin
consulting business maps out energy conserving plans for customers,
often leading to retrofit business opportunities for the company,
according to Michael Parsons, CEO of Clean Energy Pathways.
"The audit results are impressive," said Tim Goodwin, Executive
Vice President of American Club Systems, a Columbus, Georgia,
company whose health and fitness centers were recently audited.
"The audit showed how we can reduce monthly power expenses by
thousands of dollars in several locations, and we'll recover the
cost of the recommended retrofits in less than 10 months, based on
savings."
"While profitable on their own, audits open a critical pathway
for us to approach municipal and commercial customers with other
energy conserving solutions we offer," said Parsons. "This has
proven to be a successful strategy for us in gaining several
important projects, and we'll continue to develop this
capability."
About Clean Energy Pathways Clean Energy
Pathways, Inc. is a company focused on delivering multiple
solutions to aid businesses and government facilities in attaining
energy independence, reduced costs and a cleaner environment. These
pathways to energy independence include biomass fuels, solar
systems, wind energy, building energy management systems and other
technologies, as well as financing of, and gain-sharing in, the
improvements.
Forward Looking Statements This press
release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to risks and uncertainties that could
cause future circumstances, events or results to differ materially
from the forward-looking statements. You should consider these
factors in evaluating the forward-looking statements included
herein, and not rely on such statements. The forward-looking
statements in this release are made as of the date hereof and Clean
Energy Pathways, Inc. undertakes no obligation to update such
statements.
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