GeoBio Energy, Inc. Announces Flagship Offering of Natural Gas
Equipment Product, the maxiElcor - a Complete Solution for Custody
Transfer Measurement and Telemetric Data Collecting
SEATTLE, Dec. 4, 2012
/PRNewswire/ -- GeoBio Energy, Inc., a Colorado corporation (OTCBB: GBOE) ("GeoBio"),
today announced that its wholly-owned subsidiary, El Gas North
America, LLC ("El Gas NA"), has made available for sale to
utilities and related consumers the maxiElcor. The maxiElcor
is the only Electronic Gas Volume Corrector (cash register for the
gas utility) available that can stand alone in the field for up to
5 years (no maintenance needed) and manage and report remotely
specific activity related to the transfer and delivery of natural
gas. The maxiElcor is utilized for commercial, industrial,
pipeline and production application and corrects for actual gas
flow, temperature, pressure correction and
supercompressability.
Monitoring and managing the distribution and use of natural gas
is an increasingly critical function for all parties
involved. Accordingly, GeoBio believes devices that deploy
state-of-the-art technology, like the maxiElcor, are more
desirable, efficient and more likely to gain market
acceptance. The maxiElcor has the following features and
advantages over its competitors:
- Single or dual channel gas volume corrector. This can be
used for 1 or 2 gas meters – Our competitors can only accommodate 1
channel;
- Integrated communications (cell, FM or hardwire modem) – Our
competitors have a costly second box, solar panel, and gel cell
battery;
- Designed for hazardous areas – UL913, ATEX Zone 0, 1, and
2 - Our competitors only have CSA;
- Battery lifetime up to 10 years – Our competitors' battery
lifetime is only 4 years;
- Typical error under reference conditions <0.15% of measured
value – Our competitors' products can measure +/- 0 .5% of full
scale;
- Graphic LCD display with backlighting – Our competitors are 7
segment Alpha-mnemonic LCD;
- A potential third pressure and temperature reading – Our
competitors do not have this feature;
- Additional analog inputs – Our competitors' products are very
costly and have only 1 input or output (not both); and
- Microsoft Windows compatible software – Our competitors are not
compatible with all Windows versions.
"The advantage of the El Gas NA products is that our competitors
do not offer flexibility and low power in the same package, with a
proven worldwide track record of over 50,000 field
installations. Our products run on 1 D-cell battery for up to
6 years, can be field configured (mechanically and programmed) and
have more input/output. The ease of installation, flexibility
and simple operation coupled with lower initial cost to the
customer makes El Gas NA an unquestionable choice," said
Mark Cangany, President of El Gas
North America, LLC.
About GeoBio Energy:
GeoBio Energy's business model emphasizes the development,
acquisition and operation of existing companies in the oil and gas
services and energy related products industry. As oil and gas
exploration continues in the face of ever rising demand,
facilitating delivery of oil and gas, monitoring and maintaining
drilling sites to obtaining peak efficiency and production from
existing, new and aging wells becomes increasingly important.
GeoBio believes this to be a significant growth opportunity in its
strategy to combine and consolidate companies in the oil and
natural gas services sector. GeoBio's subsidiary, El Gas North
America, LLC, has an exclusive license to sell Czech Republic based El Gas NA s.r.o.'s
natural gas electronic volume corrector (EVC) and electronic data
recorder (EDR) products in the United
States, Canada,
Mexico and the Caribbean, which products provide for the
efficient monitoring and delivery of natural gas to consumers.
Visit GeoBio's web site: www.geobioinc.com
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CONTACT: GeoBio Energy Corporation
Investor Relations
Joseph J. Malone
www.valuecorptrading.com
786-375-0556
info@geobioinc.com
SOURCE GeoBio Energy, Inc.