BrioWave Technology Approved for Financing Under California's PACE Program
PALM SPRINGS, Calif., April 20, 2012 /PRNewswire/ -- Attune RTD (OTCBB:AURT), is proud to announce its proprietary BrioWave technology has been approved for financing under the California PACE program. California's PACE program gives local property owners access to affordable financing for energy and water efficient improvements that can reduce overall utility expenses. The amount of financing available to each property owner is determined by the property's assessed value and requires no money down and no credit check. The financing is paid back annually over a period up to 20 years and is transferrable if the property is sold or transferred. According to Shawn Davis, C.E.O, "We feel this is a great opportunity, especially since our newest vendor, Desert Electric Supply is very knowledgeable about the program. We believe they will be able to include BrioWave technology in other proposals further increasing unit sales. They reach a substantial portion of the local market, the Coachella Valley is quite large with a population over 365,000. Additionally, only BrioWave technology can enhance and improve utility side distribution giving the utility industry access to demand response tools and real time data that can be used for predictive business intelligence purposes and more." According to Thomas Bianco, the company's C.F.O, "This is a wonderful program presenting even more opportunity. In my opinion, every homeowner in the state of California and abroad for that matter with a pool or central air conditioning system should own this low cost right now solution because they stand to reduce energy consumption substantially and save an average of 40% annually, that helps people right now. BrioWave technology can pay for itself in as little as one year based on the amount of savings realized. With approximately 15 million pools across the U.S, and another 85 million residential homes with a central air conditioner, there's tremendous sales opportunity at home and even more in Europe."
About FigTree
Figtree is partnering with public agencies, private companies, suppliers, contractors and non-profit organizations to help finance energy efficient products. Their extensive experience with PACE (Property Assessed Clean Energy) helped them author a financing program called California PACE. This popular financing program is now offered to commercial property owners in participating cities and counties throughout California. Our California PACE financing program gives government leaders and administrators the opportunity to reach their goals to reduce energy consumption and create jobs. When a commercial property owner has access to government approved and adopted financing, it allows them to buy energy efficient products and equipment. Those purchases stimulate the local economy and create job opportunities for approved contractors. Our goal is to work in partnership with government agencies, commercial property owners and approved contractors. For more information please visit; http://www.figtreecompany.com/
About Desert Electric Supply
Desert Electric Supply has been serving the Coachella Valley since 1972. The Palm Springs branch is located just to the South of the airport near Gene Autry Trail and Ramon Road in the heart of the industrial area and conveniently located for all of Palm Springs. This branch handles the West end of the Coachella Valley including Palm Springs, Cathedral City, Rancho Mirage, Thousand Palms, Desert Hot Springs, Banning, Beaumont and also the High Desert including Morongo Valley, Yucca Valley, Joshua Tree, Twentynine Palms and the Twentynine Palms Marine Corp Base. Both branches have large stock of all of the electrical supplies most commonly needed for commercial and residential applications. Desert Electric offers a fleet of trucks for your delivery needs with scheduled service to the High Desert and emergency delivery service as needed. Stocking industry leaders like Cutler Hammer, Leviton, Wiremold, Sylvania, Pass & Seymour, Appleton, EGS, Southwire, Allied Tube, Cantex, Halo, Lithonia, Juno and many more. Whether your needs are construction products such as conduit, wire, romex, boxes, wiring devices or lighting for indoor, outdoor, landscaping or emergency, Desert Electric Supply is your full line source with the largest inventory available in the desert area. As a certified small business Desert Electric can help you with your government projects. Small enough to care and provide exceptional service and large enough to compete with anybody on any level. For more information please visit http://www.desertelectric.com/about.aspx
About Attune RTD
Attune RTD is a Research, Technology and Development company in a fast growing market currently developing, "Smart Energy Management Technology." Attune's first to market product, The BrioWave 175p, has the ability to control large electrical loads, communicate with the utility installed smart meter through its ZigBee Wi-Fi radio and deliver up to the minute time critical information to retail utilities that rely on a constant flow of real time data for business sensitive decisions. Consumers using BrioWave technology can realize savings in excess of 60%. Attune's consumer facing Graphical User Interface (GUI) in the cloud is the beginning of the consumer experience allowing users to communicate across multiple platforms, leveraging social media to learn best practices to save energy and reduce costs while utilizing all of the platforms value added functionality to optimize their systems. Attune's utility facing GUI provides real-time data, predictive business intelligence, analytical tools and dashboards of Key Performance Indicators (KPI's) that can potentially save participating utility providers millions of dollars per each demand response event. Attune RTD's flagship product, The BrioWave 175p™, is a low cost, scalable, interoperable platform intended to be an essential part of the smart grid infrastructure. For more information, please visit http://www.attunertd.com and the article on Attune in CEO/CFO publication at http://ceocfointerviews.com/interviews/EnergyConservation-AURT.htm
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The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies, and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.
CONTACT: Attune RTD
Investor Relations
855-274-6928
SOURCE Attune RTD
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