EnergySmart Develops Microprocessor That Saves Up to 33 Percent of Electricity Use.Business Editors PHOENIX--(BUSINESS WIRE)--July 25, 2000 PricewaterhouseCoopers Advising EnergySmart Regarding Structure of Joint Ventures and Potential Investments in Company Coast Energy Management, Inc., dba EnergySmart, today announced that it has completed a major test installation of its Power Planner device at a major food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. facility in Casa Grande Casa Grande (kä`sä grän`dā), city (1990 pop. 19,082), Pinal co., S Ariz.; inc. 1915. It lies in an irrigated farm area near the Casa Grande Mts. , AZ. After the Power Planners were installed on the facility's rooftop air conditioners, overall electric usage at the facility, as indicated on the power bill, dropped 12 percent, for savings of nearly $6,000 per month. The energy savings for the air conditioners attached to Power Planners dropped by as much as 33 percent. At that level of savings the cost of installing the Power Planners will be repaid in approximately 6 months. After this large-scale test, as well as other tests that are ongoing, EnergySmart intends to increase production to meet the growing demand for its products. PricewaterhouseCoopers, the world's largest professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. organization, is providing consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to Coast Energy and affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. to structure joint ventures and capital investments for further expansion of the business. The Power Planner is a digital energy management controller that reduces electricity usage and energy waste while allowing induction motors Induction motor An alternating-current motor in which the currents in the secondary winding (usually the rotor) are created solely by induction. These currents result from voltages induced in the secondary by the magnetic field of the primary winding (usually to operate at cooler temperatures. The digital technology inside each Power Planner is the result of years of research designed to produce an electricity-saving product that works for industrial, commercial and home electric induction Suppose a charged object is brought near an uncharged one. The charge, in the uncharged object, then gets 'sepated out'. The 'opposite' charge moves to the nearer end and the like charge move to the 'farther end' of the uncharged object. , motor-driven applications. Each Power Planner contains a patented, digital microprocessor-based controller that senses the energy needs of the host motor to which it is attached and, using proprietary software, provides optimal power management. This means that equipment in most facilities, businesses or homes will run cooler and more quietly while using less energy and providing same performance. EnergySmart makes Power Planners for applications ranging from 0.5 to 500 horsepower and across a current range of under 10 amps up to 500 amps. EnergySmart's products work across a range of 120 to 600 volts and at either 50Hz or 60Hz, making them ideal for applications across Europe and Asia. EnergySmart is currently testing its Intelligent Motor Controller (IMC (Internet Mail Consortium, Santa Cruz, CA, www.imc.org) An industry trade association founded in 1996 by Paul Hoffman and Dave Crocker that promotes Internet e-mail standards and features. ), which is a whole-house solution, on several homes in Arizona. Attached to the home at the meter base, the IMC will reduce power consumption on all motors and lights in the home. EnergySmart's plug-in units, which can be used with refrigerators, air conditioners, washers, dryers and other household, motor-driven appliances, are available at Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box stores nationwide. PricewaterhouseCoopers' Washington, D.C.-based managing director Craig Kettler leads the consulting team that is providing financial modeling, equity structuring and strategic consulting services to the Company. About EnergySmart EnergySmart (www.energy smart.com) is a world leader in the manufacturing, marketing and distribution of energy-saving products. Through its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , the Power Planner, EnergySmart is helping companies and individuals save electricity on equipment and appliances driven by induction motors. Additionally, EnergySmart manufactures and distributes a line of tangle-free power strips, multiple outlet surge protectors A device that provides protection against power surges. See surge suppression. See also traffic surge protection. , transient voltage surge protectors, and 20,000 hour lifetime light bulbs. To learn more, please call the EnergySmart toll-free number at 1-800-808-8897 or go to www.energysmart.com. About PricewaterhouseCoopers PricewaterhouseCoopers helps clients maximize their business performance by integrating strategic change, process improvements and technology solutions. Through a worldwide network of skills and resources, consultants manage complex projects with global capabilities and local knowledge, from strategy through implementation. PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest professional services organization. Drawing on the knowledge and skills of more than 150,000 people in 150 countries, we help our clients solve complex business problems and measurably enhance their ability to build value, manage risk and improve performance in an Internet-enabled world. To learn more about PricewaterhouseCoopers or its Technology, Information/Communications and Entertainment (TICE v. t. 1. To entice. n. 1. (Cricket) A ball bowled to strike the ground about a bat's length in front of the wicket. ) practice contact Craig Kettler at 202/822-4111 or Tony Kern at 202/822-4080. |
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