DeMarco Expands to New Location.Business Editors/Energy Writers AUSTIN, Texas--(BUSINESS WIRE)--March 24, 2003 DeMarco Energy Systems of America Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DMES DMES Deployable Mobility Execution System ) announces that it will be moving into a new office and warehouse facility. The company's new office/warehouse is more than three times the size of the current facilities. The current office is approximately 2,100 square feet and the new facility will total approximately 7,500 square feet. This additional space will allow DeMarco to centralize cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. its operations and increase its efficiency. The new warehouse is available immediately, while the office space will require some remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling . It is expected that the office will be completed by the middle of May. "This new facility is greatly needed at this time. Our growth has been so spectacular that we have exceeded the capacity of our current warehouses. We are spending a lot of time just moving people and product around," said William Berry William Berry was the name of four people of historical import, one living person of questionable Notability, and a common misspelling of a Jack the Ripper suspect.
The new facility will also be the home of a new showroom and sales department for the geothermal division of the company. In addition to remodeling the new facility, the company will install its "DeMarco Energy Miser" geothermal heat pump A geothermal heat pump system is a heating and/or an air conditioning system that uses the Earth's ability to store heat in the ground and water thermal masses. This system will take advantage of a land mass as a heat exchanger to either heat or cool a building structure. in the showroom to serve as a functioning display model. The "DeMarco Energy Miser" provides energy-efficient heating and cooling and cuts cost up to 50-70%. This News Release may contain forward-looking statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future results, performance, plans, events or other matters. Words such as "potentially," "will," "anticipates," "believes," "plans," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to development of the company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this News Release. DeMarco financials can be found in its filings with the Securities and Exchange Commission, which can be accessed at www.sec.gov. |
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