Greenway Design Group, Midyear ESA Dealer Report
Company releases portions of its first mid-year ESA dealer report; the results of a "president's survey" of current ESA dealers and their report on the number of buildings to be installed with Cool-n-Save.
HUNTINGTON BEACH, Calif., June 28, 2012 /PRNewswire/ -- Greenway Design Group, Inc. (GDGI) today released portions of its mid-year "president's survey" of current ESA dealers that, among other things, tallies the number of commercial locations that dealers expect to install with Cool-n-Save over the next three years.
Due to the sensitive nature of some information, the full result of the survey is confidential, however Ben Lefrancois, president and chairman of the company, reports that as a result of the survey, he is confident that the company may install Cool-n-Save systems on approximately 760 commercial buildings over the next three years.
"Although this total is unprecedented for the company, I anticipate that it will increase significantly after we complete some high profile site tests that are now ongoing," says Lefrancois, from the company's corporate offices located in Huntington Beach-CA. "This season is a turning point for the company. This is the first year that our dealers are able to show potential customers strong baseline field studies about the effectiveness of Cool-n-Save under different climate situations. More important, each successful demonstration replicates previous results. So, we now have a record of consistency and reliability that is helping our dealers close sales."
Lefrancois attributes much of the company's recent success to the company's new lineup of domestic and international "ESA" dealers. The 'ESA' dealer program, launched earlier this year, features an "exclusive supply agreement" (ESA) for dealers that have made high-quality investments in specific geographic areas, industry segments and/or large-scale commercial contracts.
"These are dealers that we work closest with because they have demonstrated a willingness to 'go the extra mile' with us," says Lefrancois. "We give them our best, everything we have in terms of training and marketing support. I'm sure that most of our investors will agree that after having done so much work to develop our technology, the ESA dealer program is the right path for our market development."
Greenway markets their pre-cool technology under the trademark "Cool-n-Save." Independent studies and subsequent field studies in Nevada and Costa Rica show that Cool-n-Save evaporative pre-cooling systems may produce energy cost savings as high as 30 percent with an average savings of about 26 percent from air conditioning use during peak heat seasons. The company has been developing pre-cool misting technology since 2005. Greenway received a "green engineering" award co-sponsored by TechAmerica and Harvey Mudd College in 2011. For more information, 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.
CONTACT INFORMATION:
Ray Wyman Jr, Communications Dir
EMAIL: [email protected]
OFFICE: 714-892-0011
SOURCE Greenway Design Group, Inc.
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