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RSCI Redwood Scientific Technologies Inc (PK)

0.8558
0.00 (0.00%)
Last Updated: 14:30:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
Redwood Scientific Technologies Inc (PK) USOTC:RSCI 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% 0.8558 0.675 0.94 0.00 14:30:17

Greenway Design Group, Inc. Announces First Denny's Restaurant Installation Outside U.S.

13/09/2012 2:52am

GlobeNewswire Inc.


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Huntington Beach, CA (PRWEB) September 12, 2012 Greenway Design Group, Inc. (GDGI) today announced the first installation of Cool-n-Save on a Denny's Restaurant outside the United States. The restaurant is located near San José, the capital of Costa Rica and serves passengers traveling through the Juan Santamaría International Airport. According to Greenway's engineers, the site may save up to $22,000 per year from the energy cost of running air conditioning systems and chillers, or about 25% of the current usage. Greenway also notes that the energy reduction from this installation could generate total payback on the investment for the customer within 7 seven months of activation. The company has been installing its award-winning Cool-n-Save energy reduction technology on Denny's restaurants since April 2011. "The company has installed systems on several Denny's restaurants, but until now our activities have primarily limited to the domestic U.S. market," says Darius Jakubik, the senior vice president of Greenway. "Since we started our dealer push into Mexico, Central America and other places around the world, there has been an increased international awareness on Cool-n-Save," he says. "What commercial property owner wouldn't want to save money from the cost of air conditioning?" Jakubik also notes that most of the company's sales tend to occur during the spring and summer months. "That's because most of our potential customers only think about energy consumption of their air conditioning systems when the weather is hottest," he says. "Recent sales in Mexico, Costa Rica, South Korea and elsewhere show that our efforts to create year-round demand for Cool-n-Save are beginning to show positive results and presents new opportunity for growth." Greenway Design Group, Inc. is the innovator of Cool-n-Save® "pre-cool" solutions that may reduce energy consumption of conventional air conditioning systems by as much as 30%. Many customers earn back the cost of their investment within the first 12 months. The company also markets Cool Release™ anti-scaling water treatment chemistry and HERO High Efficiency Reverse Osmosis™ water purification systems. All products are distributed through a chain of dealers, distributors and the company's retail website http://www.coolnsave.com. Greenway Design Group, Inc. (http://www.greenwaydesigns.com) has its manufacturing and corporate headquarters in Huntington Beach, CA USA. 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.

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