Reliable Power Systems Announces Results Of The Energy Administration System Installation In The Brighton, Colorado, School System's Comprehensive Learning Center.Business Editors DENVER--(BUSINESS WIRE)--May 22, 2001 Reliable Power Systems (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : RPSI RPSI Railway Preservation Society of Ireland RPSI Rheinland Pfalz Saar International (horse breed) ) and the Brighton School System today announced preliminary results of the installation of RPSI's 300C Energy Administration System, completed in December 2000, in the school district's Comprehensive Learning Center. The Energy Administration System monitors total building energy usage in real-time and displays the results graphically. The Energy Administration System allows power customers to monitor energy use and control costs in multiple locations simultaneously, using RPSI's own patented Dencor-Driven technology. Reliable's Dencor-Driven technology allows power customers to control demand and therefore reduce utility bills, respond to demand curtailment Curtailment The act of contracting or reducing operations of a company in the hope of bringing it financial or operational stability. This management technique is often used when a company has grown too fast and is unable to effectively manage its operations. requests or shape the building's load profile for a more advantageous bargaining position bargaining position n to be in a strong/weak bargaining position → estar/no estar en una posición de fuerza para negociar bargaining position n when purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. . The system is designed to reduce the facility demand at peak demand times. Controlling energy use at peak times provides significant savings. At the time of sale Reliable Power Systems estimated the cost savings to the Brighton School System to be approximately 25.1% given historical usage patterns. "The 300C Energy Administration System provides us with a cost-effective energy management solution. The system is controllable and allows us to monitor and regulate our power usage," said Robert Stoeber of the Brighton School System. "The ability to monitor and control energy usage provides a tremendous tool for cost saving that translates in to real dollars. RPSI's mission is to help manage power costs and reliability at a time when power resources are just now beginning to show signs of strain. We believe that the much-publicized problems in California and other states are only the tip of a melting iceberg. RPSI expects that deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , an aging power delivery infrastructure and surging global demand will continue to make our products a vital part of the solution to electric power problems facing this country," added David Mazur, President of Reliable Power Systems. About Reliable Power Systems Reliable Power Systems (OTCBB: RPSI), based in Castle Rock, Colo., develops total power packages for data, telecom, commercial and industrial users that address the growing crisis facing power users from an aging infrastructure, deregulation and surging global demand. The company's solutions include: 1) power quality and reliability technologies; 2) energy information management systems and 3) niche distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or . Reliable has several patents and retains the rights to other technologies, all of which provide standards which it believes are unmatched in the industry. For more information please contact Matthew Essig at 720-733-8970. The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the subject of the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions created by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; downturns in the Company's primary markets; disruptions in the Company's operations from acts of God or extended maintenance; transportation difficulties and the unavailability of financing to complete management's plans and objectives. |
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