Energy Edge Technologies Corp. Awarded Pepperidge Farm Project
BRIDGEWATER, N.J., March 29, 2012 /PRNewswire/ -- Energy Edge Technologies Corporation (OTCBB: EEDG) announced today that Pepperidge Farm has hired EEDG to implement a whole facility energy efficiency project for one of its largest production plants. The project is guaranteed to reduce Pepperidge Farm's carbon footprint by 2 million pounds of CO2 annually and save the company more than $100,000 per year with an ROI of more than 45%.
"We are proud to be selected by Pepperidge Farm to help them reduce their energy consumption and corresponding costs," said Robert Holdsworth, President of Energy Edge. "This project provides significant environmental and financial benefits to Pepperidge Farm and adds hundreds of thousands of dollars in revenue for Energy Edge."
Pepperidge Farm, the maker of Goldfish Crackers, Milano Cookies, and other food products has a ten year plan to reduce its energy consumption by 20% by reducing usage and engaging in co-generation. "Pepperidge Farm is a progressive company and they were quick to recognize the advantage of an energy efficiency project that addresses all of the energy consuming loads across their facility," stated Holdsworth. "Pepperidge Farm has stringent internal rate of return hurdles and our methods of engineering and implementing cost effective energy conservation measures with high savings and fast paybacks made Energy Edge the perfect fit."
About Energy Edge Technologies Corporation (OTCBB: EEDG)
EEDG provides turnkey energy efficiency projects that reduce a new or existing facility's energy consumption, operating costs and C02 emissions. For more information, visit www.energyet.com.
Contact: Sandy Mascia
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Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
SOURCE Energy Edge Technologies Corporation
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