Electric City Corp. Announces Resurrection Medical Center Purchases EnergySavers.ELK GROVE VILLAGE Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its , Ill.--(BUSINESS WIRE)--Aug. 16, 1999-- Electric City Corp. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : ECCC ECCC Electronic Colloquium on Computational Complexity ECCC East Central Community College ECCC Electronic Commerce Council of Canada ECCC Eastern Collegiate Cycling Conference ECCC European Communities Chemistry Council ECCC Essex County Cricket Club ) announced today that Ready Components Incorporated, a licensed distributor of the EnergySaver: State of the Art Lighting Control Technology, has sold the technology to Resurrection Medical Center for one of the parking facilities. This 120 Amp unit was a test installation that has turned into a purchase due to the product's performance. The test was to show a minimum of 20% savings in order to secure the sale of the EnergySaver. The actual results demonstrated a 28% savings on Kilowatt usage and demand charges. RCI RCI Royal Caribbean International RCI Radio Canada International RCI Rehabilitation Council of India RCI Residential Communities Initiative RCI Roof Consultants Institute RCI Remote Control Interface RCI Residential, Commercial, Industrial is surveying the entire hospital for EnergySaver installations. "Resurrection Medical Center was particularly interested in the EnergySaver because of it's potential to impact energy usage and demand. In a healthcare climate where costs continue to climb, advances in the new electro-technologies are attractive options especially when cost reduction initiatives are involved," stated Bruno Giacomuzzi, Director of Facilities Services for Resurrection Medical Center. "This sale marks the first relationship between Electric City and the healthcare industry. This industry could especially benefit from this type of savings; the overhead incurred in hospitals is quite significant and the dollars spent in lighting is a large portion of that cost. A 20% savings could provide the finding necessary for hospital programs," Matthew J. Soltis, Vice President of Sales & Design. The EnergySaver: State of the Art Lighting Control Technology is a proprietary energy management system designed to reduce the cost of lighting. These savings are achieved without a loss in essential brightness and without reducing the number of hours the lights are used. Electric City Corp. (www.electriccityeccc.com), located in Elk Grove Village, ILL., is an energy technology and manufacturing company created to introduce this State of the Art Lighting Control Technology to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. after 17 years of success in Europe. Electric City Corporation markets and manufactures the EnergySaver products that offer savings in the range of 20% to 50% to the commercial sector on their utility bills and lighting related expenses. Some of Electric City's clients include, Frito Lay Inc., a subsidiary of PepsiCo INC PEP, Tru Vue, a subsidiary of APOGEE apogee (ăp`əjē), point farthest from the earth in the orbit of a body about the earth. See apsis. The farthest point. ENTR ENTR Embedded National Tactical Receiver APOG APOG Advanced Operational Planning Group APOG Aberdeen Police Officer's Guild and automobile dealerships including Ford and Dodge. Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934 as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion