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RSCI Redwood Scientific Technologies Inc (PK)

0.8558
0.00 (0.00%)
14 Jun 2024 - Closed
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 1.25 0.00 21:03:40

Testing Results in High Praise for Cool-n-Save

13/09/2011 9:42pm

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Greenway Design Group, Inc. (PINKSHEETS: GDGI) today released comments resulting from ongoing testing at a CenturyLink facility in Las Vegas, NV.

CenturyLink is a provider of high-speed Internet, phone and television services. Facility managers at the Las Vegas facility have been running a three-month long test of Cool-n-Save, an award-winning and patented energy conservation innovation that uses evaporation to pre-cool air and reduce HVAC energy consumption by as much as 30%.

"This site is a central office where the dial tone generated for CenturyLink customers -- a switching central office where air conditioning is required 24-hours a day, 365 days a year," says Clint Padgett, a facility engineer responsible for maintaining the chillers and air conditioning systems at the facility.

According to Padgett, the location has four compressors that run the air conditioning systems at the location. "Before we installed Cool-n-Save, usually all four of them would be running constantly," he says. "It gets so hot here that we've come very close to systems shutting down. I've spent hours hosing down the condensers just to keep them from failing."

After Cool-n-Save was installed, Padgett reports that only 2 or 3 of the condensers are ever running; even on days where temperatures rise well above 100 degrees F. "That's the way it has been ever since Cool-n-Save was installed - it's a significant difference in performance and I can confirm that Cool-n-Save has definitely reduced energy consumption of our air conditioning systems by at least 30%," Padgett adds.

Padgett adds that Greenway's HERO water treatment technology has also performed very well. "There is no scaling whatsoever from Cool-n-Save," he says. "We are absolutely satisfied with Cool-n-Save; performance has been fantastic. The people there have been very professional and responsive."

Cool-n-Save uses evaporative pre-cooling technology to bring about a dramatic reduction of energy consumed by commercial and residential air conditioning systems. Commercial installations now benefit from the HERO water treatment system, a patented turn-key water treatment package. The company has been developing pre-cool misting technology since 2005. Greenway recently won the Harvey Mudd College/TechAmerica High-Tech Innovation Award for Green Engineering.

For more information about the company and Cool-n-Save, 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.

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CONTACT INFORMATION: Ray Wyman Jr Communications Dir EMAIL: Email Contact OFFICE: 714-892-0011 x26 CELL: 714-330-2232

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