Efficiency Technologies, Inc. Releases Advanced Chiller Diagnostics Monitoring System
May 19 2005 - 5:11PM
PR Newswire (US)
Efficiency Technologies, Inc. Releases Advanced Chiller Diagnostics
Monitoring System TULSA, Okla., May 19 /PRNewswire-FirstCall/ --
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary
of American Resource Management, Inc. (OTC Pink Sheets: ARMM),
announced that it has developed a web-based Advanced Chiller
Diagnostics system which can provide immediate feedback on chiller
inefficiency and fault detection from the analysis of standard
chiller operating data. EffTec's Advanced Chiller Diagnostics
feature translates the analysis of chiller readings into
user-friendly summaries that pinpoint inefficiencies and recommend
corrective action to regain and maintain optimal chiller
efficiency. It is estimated that there are over 100,000 centrifugal
chillers in the United States. Chiller inefficiencies cost the
industry, government, and institutional operators over one billion
dollars annually. In addition, Advanced Chiller Diagnostics allows
property owners, business managers and institutional maintenance
managers the flexibility to properly monitor multiple chiller
operations from one central location through a web- based system
that helps make accurate capital budgeting decisions on existing
chiller operations versus new chiller replacements. An independent
study has shown that EffTec's existing web-based monitoring system
has an average pay- back time of approximately two weeks. "The
introduction of Advanced Diagnostics feature to our existing
EffHVAC service marks a significant real-time feature to our
web-based service that is unrivaled in our industry. Although
Advanced Diagnostics is extremely sophisticated, its user-friendly
application makes it possible for facilities using centrifugal
chillers to save thousands of dollars in maintenance and energy
costs every year," stated Derrick Shoemake, President of EffTec.
About Efficiency Technologies, Inc. Efficiency Technologies, Inc.
("EffTec") has developed a web-based energy management service for
centrifugal chillers called EffHVAC. The Department of Energy has
estimated that chillers waste up to 30% of their cooling energy
through inefficiency. EffTec's web-based service provides a
diagnostic tool that provides plant managers of centrifugal cooling
systems the ability to evaluate, monitor and manage their chiller's
performance. Efficient monitoring and treatment can save tens of
thousands of dollars per year in energy and maintenance costs. ARMM
is an energy resource-based holding company in Tulsa, Oklahoma.
Forward-looking statements in this release are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to
certain risks, and uncertainties and actual results could differ
from those discussed. This material is information only and is not
an offer or solicitation to buy or sell the securities. DATASOURCE:
American Resource Management, Inc. CONTACT: Don Clark, Corporate
Sales Manager of Efficiency Technologies, Inc., +1-866-333-8321, or
fax, +1-918-712-7775 Web site: http://www.efftech.com/
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