Performance Test Begins at Washington University, MO
September 01 2011 - 10:53AM
Marketwired
Greenway Design Group, Inc. (PINKSHEETS: GDGI) today announced
today that Washington University in St Louis, MO has granted
approval to conduct a performance test of the Cool-n-Save
evaporative pre-cool system on the university campus.
The performance test will begin immediately on a building with a
345-ton air conditioning system and will last two to three weeks. A
local engineering firm and on-campus facility engineers will
monitor the test.
"We expect that the test will follow other results we have seen
in this area," says Darius Jakubik, the company's senior vice
president. Jakubik notes that a year ago, the company installed a
Cool-n-Save system for a commercial client in St. Louis, MO.
"Our client reports approximately 24% total energy reduction,
plus they received a substantial rebate from Ameren UE, the local
energy provider," says Jakubik. "We anticipate that Cool-n-Save
will continue to show similar energy-saving results as it has in
other parts of the country."
Cool-n-Save uses evaporative pre-cooling technology to bring
about a dramatic reduction of energy consumed by commercial and
residential air conditioning systems. The patented system also
features turn-key water treatment and mechanical filtration
technology. Five years of field tests have shown that Cool-n-Save
evaporative pre-cooling may produce energy cost savings as high as
30%.
The company has been developing pre-cool misting technology
since 2005. Greenway recently won the Harvey Mudd
College/TechAmerica High-Tech Innovation Award for Green
Engineering.
For more information about the company 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.
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CONTACT INFORMATION: Ray Wyman Jr Communications Dir
EMAIL: Email Contact OFFICE: 714-892-0011 x26 CELL:
714-330-2232
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