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ARMM ARMM Inc (CE)

0.0009
0.00 (0.00%)
Last Updated: 00:00:00
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. Releases Advanced Chiller Diagnostics Monitoring System

19/05/2005 10:11pm

PR Newswire (US)


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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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