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ARMM ARMM Inc (CE)

0.0009
0.00 (0.00%)
17 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ARMM Inc (CE) USOTC:ARMM OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0009 0.00 00:00:00

Efficiency Technologies, Inc. Announces Automated Data Collection Beta Test With Las Vegas Casino

26/07/2005 4:49pm

PR Newswire (US)


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Efficiency Technologies, Inc. Announces Automated Data Collection Beta Test With Las Vegas Casino TULSA, Okla., July 26 /PRNewswire-FirstCall/ -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM), announces an automated data collection beta test with a major Las Vegas casino for its Web-based chiller, boiler and plate exchanger efficiency tool. This beta test will entail a preliminary plant survey, installing sensors, probes, and data acquisition devices that will automatically upload chiller data to the EffTec servers. This automated data collection and analysis will maximize the casino's engineering manpower by eliminating the task of manually collecting the chiller data as well as eliminating any potential human data input errors. In addition, the chiller's performance, efficiency and health will be constantly monitored and analyzed while providing detailed reports on how to correct any problems that may affect the chiller. "Our market research has shown that maximizing engineering manpower is just as important to facility managers as saving energy. Successful implementation of this beta test will be a major step in providing an incredible value to our customers and accelerating market penetration of our products and services," stated Don Clark, Vice-President of EffTec. About Efficiency Technologies, Inc. Efficiency Technologies, Inc. ("EffTec") has developed a web-based energy management service for centrifugal chillers called EffHVAC(TM). The Department of Energy has estimated that chillers waste up to 30% of their cooling energy through inefficiency. It is also 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. EffTec's web-based service provides a diagnostic tool that provides facility managers the ability to evaluate, monitor and manage their HVAC plant's performance. Efficient monitoring and management 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.efftec.com/

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