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Community College Selects ACT To Improve Facilities; Project Is Expected To Save More Than $1 Million In Energy Costs.

COATS, N.C.--(BUSINESS WIRE)--July 1, 1998--Applied Computer Technologies (ACT), a division of Strategic Resource Solutions Corporation (SRS), recently completed a performance contract at Coastal Carolina Community College in Jacksonville, N.C. that included a lighting upgrade, a building automation system, and variable frequency drives. The project is expected to save the 243,416 square foot facility an estimated $1.1 million in energy costs over the next eight years.

ACT designed and installed a new energy-efficient lighting system for CCCC that improved overall lightning, increased the color rendering index and lumens per watt, and reduced wattage use per square foot. ACT also installed lighting controls and variable-frequency drives that will provide Coastal Carolina another avenue to save on its energy costs. In addition, ACT handled the disposal of the hazardous waste created by the removal of the facility's old ballast, recycled all spent fluorescent lamps in compliance with EPA guidelines, and arranged for all warranties to be registered to the college. ACT installed an energy management system to control zone and room temperatures and energy consumption. The new controls allow college officials to spot problems areas, as well as monitor and adjust space temperatures, from a desktop or remotely from a laptop computer.

The $800,000 job was financed through the parent company's Smart Performance Contracting(SM) financing option. This guarantees the college a minimum saving on its energy bill over the life of the eight-year agreement and eliminates the need for any capital outlay. According to Randy Cruse, the company's National Guarantee Risk Manager, the facility will realize a 16% return on its investment. James Owens, Vice President for Business Services at Coastal Carolina, explained, "We went through an extensive process to select ACT/SRS as our partners in this project and are very pleased with their work. An independent examiner verified that our college could save nearly three times as much money on our energy bill if we went with the ACT-designed lighting system over that of other vendors we considered. We're right on target with our projected saving, and our staff, faculty and students are particularly pleased with the near-daylight lighting that is now in place in our parking areas. The Smart Performance Contracting(SM) option provided the financing vehicle for us to upgrade our 25-year-old campus without having to approach Onslow County administrators for funding."

Coastal Carolina Community College is located on 98 acres in Jacksonville, N.C. A staff and faculty of more that 600, serves 3,200 students annually. The college is accredited by several organizations, including the Commission on Colleges of the Southern Association of Colleges and Schools.

ACT provides facility managers with tools, training and support designed exclusively for the unique needs of educational facilities. The company serves over 900 schools, colleges and universities, delivering comprehensive software, services and solutions.

ACT is the education division of SRS. Headquartered in Cary, N.C., Strategic Resource Solutions Corporation (SRS) specializes in facilities and energy management services for commercial, industrial, education and government clients nationwide. SRS provides software, systems, lighting solutions, mechanical services and support to help maintain multi-site facilities, control building environments, reduce energy costs and manage information effectively. Through its portfolio of innovative products and services, SRS seeks to help facility managers boost profits; streamline processes and uncover business opportunities by transforming operational necessities into strategic resources.

 CONTACT: SRS Corporation
 Randy Cruse, 910/897-2705
 E-mail: rcruse@srs.net


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Publication:Business Wire
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Geographic Code:1USA
Date:Jul 1, 1998
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