EffTec International
Forward-looking statements in these releases are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
EffTec International, Inc. Fulfills Second Add-On Purchase Order for Major Computer Manufacturing Customer
3-12-2012
TULSA, OK – March 12, 2012 – EffTec International, Inc. (OTC PK: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to announce that the Company has executed a Distribution Agreement with a major Energy Service Company (ESCO) in the Philadelphia, PA area. The ESCO provides a broad range of comprehensive energy savings solutions, and has a broad network of customers, including several Fortune 500 companies in the Healthcare, Pharmaceutical Manufacturing, Consumer Goods and Software industries. The Distribution Agreement allows for EffTec’s innovative EffTrack™ System to be offered as a part of the ESCO’s suite of energy-saving products and solutions.
“This Agreement provides us with an enormous opportunity to introduce EffTrack™ to a wide range of potential customers that have already shown an interest in minimizing their energy consumption,” stated Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. “The scope of this potential customer base is enormous, as our ESCO partner serves both public and private companies from all industries, including many leaders within their respective markets. Working with this partner will enable EffTec to leverage our technology to expand our presence across several industries that may have been difficult to enter previously.”
EffTec anticipates a substantial increase in its pipeline as a result of the Agreement, and estimates that more than $2 million in sales can be brought in through these distribution channels by the end of this calendar year. The Company is actively pursuing additional Distribution Agreements with other ESCOs or like partners, which will further magnify the potential to make EffTrack™ a leading solution within the energy efficiency sector.
“We are excited to be integrating our system with the energy saving products and technologies that are being offered by major distributors. EffTrack™ is the only system of its kind available today, and we are proud that our work and dedication is being received so well by our peers in the marketplace.” Mr. Johnson went on to say.
EffTec International, Inc. Fulfills Second Add-On Purchase Order for Major Computer Manufacturing Customer
2-23-2012
TULSA, OK – February 23, 2012 – EffTec International, Inc. (OTC PK: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today that the Company has completed the second add-on installation for its major computer manufacturing customer, bringing the total number of EffTrack™ Systems operating at the client’s facilities to three. EffTec performed a preliminary installation at a facility in Texas last year, which prompted the customer to purchase an additional system. The results have been so remarkable that the customer placed a second add-on purchase order for approximately $135,000 to add a third EffTrack™ System for its facilities. In addition, the second installation has been approved for a rebate of up to 50% of the total cost of ownership for two years by the local utility.
The EffTrack™ system is the most innovative analysis and trending tool for water-cooled chillers, also known as HVAC units, available today. The Internet-based solution will collect, store and analyze the data from the chiller, identify and diagnose any problems or inefficiencies and recommend corrective action to improve the performance of the equipment. EffTrack™ has proven that it can save customers anywhere from 15-25% on their energy costs, therefore drastically reducing operating costs.
“We are thrilled to be receiving recurring orders from our customers, as we feel that it validates our technology and demonstrates the need for our product,” commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. “This is a great example for companies that have numerous facilities across the country, as it demonstrates that having multiple EffTrack™ Systems can exponentially increases the overall energy efficiency and subsequent savings that company will enjoy.”
EffTec International, Inc. Announces Availability of Online Investor Presentation
2-16-2012
TULSA, OK – February 16, 2012 – EffTec International, Inc. (OTCPK: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today the availability of an online investor presentation. The presentation, the first step in EffTec’s initiative to enhance communication with the investment community, provides an overview of its EffTrack™ solution and highlights the Company’s unique position within its niche market while summarizing management’s strategy for continued growth.
“In today’s fast-paced technological environment, we recognize that corporate information needs to be readily available to our current and potential investors with the click of a mouse,” said Keith Johnson, President of Efficiency Technologies, Efftec’s wholly owned operating subsidiary. “We have made a commitment to increase our visibility within the investment community, and announcing the availability of this presentation is just the first of many enhancements that our shareholders can expect to see in the coming months.”
The investor presentation is available at: http://www.efftec.com/investor-relations/presentation021412.pdf
EffTec International, Inc. Receives Purchase Order From Major Southwest University
8-11-2011
TULSA, OK -- (Marketwire) -- 08/11/11 -- EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today that the Company has received a purchase order for six of its innovative EffTrack™ systems to be installed for a major University in the Southwest US. EffTrack™ was selected by the customer to support its efforts to optimize the energy consumption and improve preventive maintenance of the water-based chillers at its facility. The most advanced chiller optimization tool available to date, EffTrack™ has proven to be the most advanced solution available to considerably reduce cooling system operating costs by as much as 25%. The purchase order amounts to approximately $187,000 for equipment, installation and two years of service. The Company expects to fulfill this purchase order before October 31, 2011.
"A main focus of our business plan at EffTec is to expand our presence across as many industry lines as possible," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "We are in a unique position in regards to our target market, because any facility that utilizes water-based chillers at their locations is a candidate for the EffTrack™ system. This allows for tremendous opportunities to grow exponentially by increasing our presence in many different markets. This customer in particular marks an important entry point to many large private universities and we are proud that we are being recognized by such a large, well-established university."
EffTec International, Inc. Expands Geographic Reach to Latin America Company Appoints Bill Lamb President of Latin America Division
5-03-2011
TULSA, OK -- (Marketwire) -- 05/03/11 -- EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to announce that the Company is increasing its global presence with a marketing and sales initiative in Latin America. Given the widespread acceptance of the EffTrack™ monitoring system in the US, the Company's recently announced Vice President of Sales, Bill Lamb, has been exploring opportunities to take the product global. Results of market testing have identified Latin America and the Caribbean as a region that has significant potential to market the product.
Mr. Lamb's extensive background in international marketing and distribution has played a large role in EffTec's expansion, and the Company is proud to appoint him as President of Latin America Division. His primary role will be to identify and develop lasting and profitable sales and distribution channels within Latin America, with an emphasis on initiating networks in places such as Mexico.
"We are thrilled to have Bill focused on the Latin America and Caribbean regions, as we see tremendous potential for EffTec's products and services there," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "The recent positive feedback from customers who are utilizing our EffTrack™ system here in the US and the initial market reaction in Mexico have been extremely encouraging. With Bill's existing international network and successful background in sales and distribution, we anticipate that doors will be opened for EffTec's sales and distribution channels to grow exponentially."
EffTec International, Inc. Completes Add-On Installation for Fortune 100 Computer Manufacturer EffTrack's(TM) Outstanding Performance Prompted Add-On Installation to Monitor Eight Additional Chillers
4-18-2011
TULSA, OK -- (Marketwire) -- 04/18/11 -- EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today that the Company has successfully fulfilled an add-on purchase order that was received from a major computer manufacturer last month. The previously announced results from a preliminary installation for the customer earlier this year prompted the additional order, which will monitor eight chillers in various facilities.
The EffTrack™ system is the most innovative analysis and trending tool for water-cooled chillers, also known as HVAC units, available today. The Internet-based solution will collect, store and analyze the data from the chiller, identify and diagnose any problems or inefficiencies and recommend corrective action to improve the performance of the equipment. EffTrack™ has proven that it can save customers anywhere from 15-25% on their energy costs, therefore drastically reducing operating costs. EffTrack™ was installed at this customer's Texas facility and ran for an entire cooling season, during which the system identified and exceeded the anticipated savings originally proposed to the customer.
"This customer in particular has had a tremendous impact on our business," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "We are confident that the eight additional chillers that have just been connected to EffTrack™ will add to the energy savings that the customer is enjoying, solidifying our Company's position as the choice for major corporations in all industries looking to optimize energy that is consumed by water-based chillers."
EffTec International, Inc. Reports Exceptional Results From EffTrack(TM) Installation Fortune 100 Computer Manufacturer Provides Positive Feedback Regarding EffTrack(TM)
3-16-2011
TULSA, OK -- (Marketwire) -- 03/16/11 -- EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, is pleased to provide the results of its EffTrack™ system at a major computer manufacturer in Texas. The solution was installed with the intention of being functional for an entire cooling season in order to accurately measure its effectiveness. EffTec is receiving reports that EffTrack™ has identified the anticipated savings that was proposed to the customer prior to the signing of a contract. Due to the success of this preliminary installment, the customer has provided EffTec with a purchase order to install the EffTrack™ system in additional facilities this year.
The EffTrack™ system is the most innovative analysis and trending tool for water-cooled chillers, also known as HVAC units, available today. The Internet-based solution will collect, store and analyze the data from the chiller, identify and diagnose any problems or inefficiencies and recommend corrective action to improve the performance of the equipment. EffTrack™ has proven that it can save customers anywhere from 15-25% on their energy costs, therefore drastically reducing operating costs. Case studies and results from installations in facilities have shown payback on their original investment for EffTrack™ in as few 12 months. Additionally, because EffTrack™ is a clean technology solution, customers can receive a utility credit, making it even more appealing to a broad range of customers and industries, such as Fortune 500 companies, large hotels, property management companies, manufacturing facilities, major universities, and medical facilities.
"We are pleased to have received such positive feedback from this customer in particular," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "Not only did EffTrack™ perform as promised, but this success opens the door for our Company to build relationships with other major corporations in the computer manufacturing and data center space."
EffTec International, Inc. Completes Installation at the University of New Mexico
2-18-2011
TULSA, OK -- (Marketwire) -- 02/18/11 -- EffTec International, Inc. (PINKSHEETS: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today that the Company has completed the installation of its innovative EffTrack™ system on three chillers at the University of New Mexico in Albuquerque. When fully implemented, the Company anticipates that EffTrack™ will save the university over 1.3 megawatts of electricity per year and reduce greenhouse gases by over 900 tons per year.
"The installation at UNM is a significant development for EffTec's business plan as it solidifies our presence in the educational facilities market," commented Keith Johnson, President of Efficiency Technologies, the wholly-owned operating subsidiary of EffTec International. "The EffTrack™ system can benefit virtually any facility that utilizes water cooled chillers, and we are pleased to see that our technology is being accepted across multiple industries."
The EffTrack™ system is the only Web-based chiller optimization tool available to date, saving facilities time, energy and money. With the anticipated energy savings at the University of New Mexico, it is projected that a full return on investment in the system will be achieved within 15 months.
Efficiency Technologies, Inc. Announces 7th Installation Into Fortune 500 Healthcare Company Facility
1-16-2008
TULSA, Okla., Jan. 16, 2008 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), announces installation of the EffTrack(tm) web-based chiller monitoring and diagnostic software service into the Fortune 500 Healthcare Company's facility located in Southern California. The EffTrack program will be used to maximize HVAC efficiency, assist in reducing greenhouse gas emissions and diagnose problems with the facility's cooling system. This marks the seventh facility owned by the Healthcare Company to install and use EffTrack(tm).
Efficiency Technologies to Exhibit At the 2008 AHR Expo
1-10-2008
TULSA, Okla., Jan. 10, 2008 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), and EffTec Australia Pty Ltd announced that they are exhibiting at the 2008 AHR Expo International air-conditioning, heating and refrigeration trade show to be held January 22 through 24 at New York City's Javits Convention Center -- Booth # 7012. The annual event showcases the latest technological developments from the HVAC&R industry and draws tens of thousands of leading professionals from around the world.
EffTrack won a 2007 AHR Expo Innovation Award Honorable Mention, which recognizes breakthrough achievements in HVAC technology. For free VIP tickets to the AHR Expo exhibit hall, call 866-333-8321.
"The AHR Expo is extremely important to EffTec in terms of development of new world-class partners to advance our distribution network and in terms of direct sales to major end-user customers. We fully expect the exposure and contacts made at this event to catapult our recognition and sales to new levels," stated Thomas Kurtz, VP of Marketing and Business Development, Efficiency Technologies, Inc.
Colonial First State Property Management Signs $500,000.00 Contract to Roll Out EffTrack(TM) With Airmaster Australia Pty Ltd, an EffTec Australia Licensed Partner
12-12-2007
TULSA, OK--(MARKET WIRE)--Dec 12, 2007 -- Efficiency Technologies, Inc., (EffTec), a wholly owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), announced that Airmaster Australia Pty Ltd, an EffTec Australia Licensed Partner, has signed a $500,000 contract to roll out EffTrack web based chiller monitoring and energy efficiency software with Colonial First State Property Management, with over $8 Billion dollars of prime retail assets under management. The project involves 14 of Colonial's 37 sites and a total of 33 chillers. Scope to expand the program to the remaining 23 shopping centers is likely with the release of the EffTrack reciprocating and air cooled chiller version expected to be released in the 4th quarter 2007.
Colonial First State Property Management places very high Importance on sustainable practices in operating its high profile retail portfolio. EffTrack(TM) will give Colonial First State the ability to not only reduce their overall chiller plant running costs by an estimated 15% but will also ensure a nationwide reduction in CO2 emissions by over 5,600,000 Kilograms (12,320,000 pounds) per annum.
About Airmaster Australia
Airmaster Australia Pty Ltd is a $50M diversified technical services company and provides leading edge professional services in air conditioning, ventilation, heating, industrial & process cooling and building automation throughout Australia & South East Asia. Airmaster recognized the significance of the EffTrack(TM) system and how it could benefit its customers and immediately signed as an EffTec Australia Partner in June of 2007.
"Airmaster is constantly searching the globe for innovative technologies which add value for our clients and thus to our service provision. We continually introduce products which improve performance, efficiency, productivity and therefore total cost of operation Our approach to continuous improvement ensures that our customers' sites are not only well maintained but also benefit from new technologies that are able to be retrofitted in the field. This has the effect of extending the economic life of plant and equipment well beyond considered norms." Noel Courtney -- CEO Airmaster Australia
For more information on Airmaster Australia please visit www.airmaster.com.au.
Efficiency Technologies Australia Pty Ltd to Exhibit at the Enviro Asia 2007 International Exhibition
11-13-2007
TULSA, Okla., Nov. 13, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), announced that its licensed partner, Efficiency Technologies Australia Pty Ltd. ("EffTecAU"), will be exhibiting its EffTrack monitoring service at the Enviro Asia 2007 International Exhibition and Conference on Environmental Equipment & Technology. The exhibition takes place at the Suntec Singapore International Convention & Exhibition Centre in Singapore from November 27-30, 2007.
"The Enviro Asia Exhibition is the perfect forum to launch the EffTrack chiller efficiency management and diagnostics product into the Asia Pacific market place, particularly as energy, water and the environment are becoming increasingly important global environmental concerns," stated Joe Gomez, newly-appointed director of EffTecAU. Mr. Gomez brings over 20 years' experience in energy, chiller and plant engineering. Prior to joining EffTec, he worked for Johnson Controls/York for over 20 years, attaining the position of UK Director of Energy, Environment & Solutions, responsible for developing a team and running a US$20M business in Building Infrastructure & Technology Solutions including HVAC&R. Mr. Gomez graduated with honors in Fuel & Energy & Engineering from The University of Leeds, UK, and completed his MSc in Applied Energy at Cranfield Institute of Technology UK. He also has an MBA from Warwick Business School, UK and is a Professional Chartered Engineer with the UK Institute of Energy.
For more information on Enviro Asia 2007, visit http://www.enviroasia.com.sg/
Efficiency Technologies, Inc. Announces Sixth Installation Into Global Healthcare Company
11-08-2007
TULSA, Okla., Nov. 8, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), announced that it has been contracted to install its EffTrack(tm) web-based chiller monitoring and diagnostic system on three chillers, totalling 1,029 tons at Baxter Healthcare's facility in Guayna, Puerto Rico. The EffTrack system will be used to help the facility maximize chiller energy efficiency, reduce greenhouse gasses and diagnose problems with a system that is involved with critical manufacturing processes.
Baxter Healthcare has over 65 facilities worldwide. It assists healthcare professionals and their patients with the treatment of complex medical conditions, including cancer, hemophilia, immune disorders, kidney disease and trauma. The company applies its expertise in medical devices, pharmaceuticals and biotechnology to make a meaningful difference in patients' lives.
Efficiency Technologies, Inc. Announces Installation of EffTrack Air Compressor Monitoring System
10-31-2007
TULSA, Okla., Oct. 31, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Other OTC:EFFI.PK - News), announces it is currently installing its EffTrack(tm) air compressor monitoring system on five air compressors at the Baxter Healthcare New Jersey facility. This will help the facility maximize energy efficiency and diagnose problems with the air compressor system that is involved with critical manufacturing processes.
"We continue to develop new products for EffTrack, such as air compressor monitoring, due to customer needs. This installation exhibits our ability to satisfy a growing demand for EffTrack facility monitoring capabilities," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Announces Installation of EffTrack Air Compressor Monitoring System
10-25-2007
TULSA, Okla., Oct. 25, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Pink Sheet:EFFI), announced that it has installed its EffTrack web-based chiller monitoring and diagnostic system on five 800-ton chillers at Green Valley Ranch Resort, Spa and Casino, located in Henderson, Nevada. Green Valley Ranch is a Station Casino property http://www.Stationcasinos.com.
"We are excited about the EffTrack installation at Green Valley Ranch. We commend them for raising the bar in the effort to reduce energy consumption, greenhouse gas emissions and improve the local and global environment," stated Don Clark, President of EffTec.
American Resource Management, Inc. Changes Name to EffTec International, Inc.
9-21-2007
TULSA, Okla., Sept. 21, 2007 (PRIME NEWSWIRE) -- American Resource Management, Inc. (Other OTC:ARRM.PK - News), announces that it has changed its name to EffTec International, Inc. The name change was effected to complement the business of its wholly-owned subsidiary, Efficiency Technologies, Inc.
The name change is effective September 21, 2007. Additionally, a corresponding symbol change will become effective September 21, 2007. The new symbol will be EFFI.
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Efficiency Technologies, Inc. to Present At Nalco's SE Michigan 'ALL STAR' Energy Conference
7-16-2007
TULSA, Okla., July 16, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc. ("EffTec"), a wholly-owned subsidiary of American Resource Management, Inc. (Other OTC:ARRM.PK - News), announces that Efficiency Technologies, Inc. ("EffTec") will present at the SE Michigan "ALL STAR" Energy Conference hosted by Nalco Company and Henry Ford Health System in Detroit, Michigan on July 19, 2007.
Joe Gomez, Managing Director of Efficiency Technologies Australia Pty Ltd., will present on the subject of chiller efficiency and the EffTrack program.
"We are excited to be invited by Nalco to present at this educational seminar. We will be offering EffTrack trials to all attendees and look forward to a strong turnout in Detroit's highly industrialized market," stated Thomas Kurtz.
For more information on the seminar, visit http://www.nalco.com/seminars.
About Joe Gomez
Joe Gomez brings over 20 years of experience in energy, chiller and plant engineering. Prior to joining EffTec, he worked for Johnson Controls/York for over 20 years, attaining the position of UK Director of Energy, Environment & Solutions, responsible for developing a team and running a US$20M business in Building Infrastructure & Technology Solutions including HVAC&R. Mr. Gomez graduated with honors in Fuel & Energy & Engineering from the University of Leeds, UK, and completed his MSc in Applied Energy at Cranfield Institute of Technology UK.
About Nalco
Nalco is the leading provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. The company currently serves more than 70,000 customer locations representing a broad range of end markets. It has established a global presence with more than 11,000 employees operating in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers. In 2006, Nalco achieved sales of more than $3.6 billion. For more information visit http://www.nalco.com.
American Resource Management, Inc. to be Featured On Market News First
7-9-2007
American Resource Management, Inc. (Other OTC:ARRM.PK - News) announces that Don Clark, a director of the Company and president of Efficiency Technologies, Inc., the Company's wholly-owned subsidiary, will appear on Market News First (MN1.com) on Tuesday, July 10, 2007 at 12:15 eastern time.
Efficiency Technologies, Inc. Enters Into a Sales Association Agreement With Nalco
6-28-2007
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheet:ARRM), announced that Nalco Company has entered into a sales association agreement with Efficiency Technologies, Inc. ("EffTec") to market the EffTrack service to its global customer base.
"To have Nalco represent our newly developed, fully automated chiller monitoring services throughout the world is a significant event in our international marketing efforts," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Announces Installation of EffTrack for LBA Realty
6-26-2007
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announces installation of the EffTrack(tm) web-based software service at the AT&T Center in Los Angeles, California.
"LBA has recognized that energy management is a primary issue facing its industry, and it is at the forefront in taking a leadership role regarding energy management. LBA's selection of EffTrack to monitor, evaluate and decrease energy costs in the chiller operations at the AT&T Center is a significant boost in our efforts to inform the real estate investment and management community of the benefits of EffTrack," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Announces Fourth Installation Into Baxter International Facility
6-21-2007
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announces its fourth installation of the EffTrack(tm) web-based software service into a Baxter International facility located at Round Lake, Illinois. EffTrack, which is an ENERGY STAR PARTNER Service, will be used to monitor over 1,200 tons of the manufacturing facility's chiller capacity and will assist Baxter in maximizing chiller efficiency and conserving energy, thereby reducing greenhouse gas emissions.
"We are pleased with the continued confidence that Baxter has placed in EffTrack's ability to reduce energy consumption, improve the operating efficiencies of their chiller systems and ultimately reduce their greenhouse gas emissions. Baxter is the first Fortune 500 company to implement our EffTrack system in multiple locations and indicates their strong desire to operate their facilities in a cost efficient and environmentally responsible manner. As the concerns for global warming increase, Baxter's initiatives in energy conservation through the use of EffTrack should be applauded and used as a model for all manufacturing facilities throughout the world," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Announces Third Installation At Corporate Headquarters of International Healthcare Company
6-19-2007
Efficiency Technologies, Inc. (EffTec), a wholly owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announces the installation of the EffTrack(tm) web-based software service on approximately 2,200 tons of chiller capacity with a Fortune 500, S&P 100 international healthcare company corporate headquarters located in Deerfield, Illinois.
"This is our third installation into one of over 50 facilities operated worldwide by this international health care company. The fact that it is installed at their corporate headquarters gives us at EffTec confidence that EffTrack has demonstrated its ability to improve their chillers' operational efficiency and reduce energy costs on a favorable cost/benefit ratio," stated Don Clark, President of EffTec.
American Resource Management, Inc. Signs Agreement With Gemstone Securities, LLC to Raise $7.5 Million
6-15-2007
American Resource Management, Inc. (Pink Sheets:ARRM), the leading provider of chiller efficiency software services, announces today that they have signed an exclusive Engagement Agreement with GemStone Securities, LLC (member NASD/SIPC) headquartered in Clearwater, FL to raise $7.5 million for expansion, promotion and sale of EffTrack(tm) chiller monitoring and diagnostic software in the U.S., Australia and the Asian-Pacific Rim.
Recently, Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. signed an exclusive Master License Agreement with EffTec-Australia. The Australian chiller market is dominated by contract chiller service companies who regularly maintain chillers. The EffTrack software system will allow service companies to web monitor contracted chillers from one location and rapidly respond to chiller inefficiencies when the EffTrack system alerts them to operational problems.
The EffTec-Australia chiller market is driven by the demand for energy conservation, the reduction in green house gas emissions, and the scarcity of water resources.
The Asian Pacific Rim is one of the fastest growing population regions on the globe. Subtropical climate requires continuous chiller operations and when coupled with high energy costs (electricity costs are greater than .20 per KWH), make chillers the major consumer of electricity in the dense population centers and resort areas of the Asian Pacific Rim region.
Don Clark, President of Efficiency Technologies, Inc. said, "Our relationship with GemStone Securities, LLC provides management with the opportunity and working capital to acquire stable core earnings to increase current and future shareholder value. We looked long and hard for a middle market investment banking firm that could provide access to the capital markets with a high level of ethical standard, timeliness and the experience and knowledge to get the job done and are delighted to engage GemStone Securities, LLC."
American Resource Management, Inc. Engages Pinnacle Consulting Group, Inc. for Public Relations
6-13-2007
American Resource Management, Inc. (Pink Sheets:ARRM), the leading provider of chiller efficiency software services, announces today that it has retained Pinnacle Consulting Group Capital, Inc. to assist the company with Investor Relations and related consulting services. Based near Tampa, Florida, Pinnacle Consulting Group, Inc. is a full-service consulting firm. Mr. Richard Severson, the President of PCGI, commented, "We are pleased to be working with American Resource Management, Inc. We believe ARRM will be an excellent addition to our international portfolio companies."
Efficiency Technologies, Inc. Signs Master License Agreement With EffTec-Australia
5-23-2007
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), has signed an exclusive Master License Agreement with EffTec-Australia for the promotion and sale of EffTrack chiller monitoring and diagnostic software service in Australia and the Asian Pacific Rim.
The Australian chiller market is dominated by contract chiller service companies who regularly maintain chillers. The EffTrack software system will allow service companies to web monitor contracted chillers from one location and rapidly respond to chiller inefficiencies when the EffTrack system alerts them to operational problems.
The EffTec-Australia chiller market is driven by the demand for energy conservation, the reduction in green house gas emissions, and the scarcity of water resources.
The Asian Pacific Rim is one of the fastest growing population regions on the globe. Subtropical climate requires continuous chiller operations and when coupled with high energy costs (electricity costs are greater than .20 per KWH), make chillers the major consumer of electricity in the dense population centers and resort areas of the Asian Pacific Rim region.
Efficiency Technologies, Inc. Announces a Three-Year Agreement Between Its Licensing Partner, Nalco Corporation, and The Mirage Hotel and Casino
10-10-2006
Efficiency Technologies, Inc., (EffTec), a wholly owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces a three-year agreement between EffTec's licensing partner, Nalco Corporation and The Mirage Hotel and Casino in Las Vegas, Nevada. The Mirage Hotel and Casino is using the Nalco branded Chill Factor service.
Efficiency Technologies, Inc. Begins Development of Metric Standard Program for its Automated Web-Based Chiller Monitoring and Diagnostic Software
8-3-2006
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM) ("ARMM"), announced today that it has begun development of a metric standard version of its web-based chiller monitoring and diagnostic software. The new metric-based web-based service is expected to be released for purchase November 2006.
"We fully expect to offer a metric-based chiller monitoring system by November 2006 in order to expand our services into Europe, Southeast Asia and Australia," stated Don Clark, President of Efficiency Technologies, Inc. "Electricity costs are significantly higher in these regions of the world, making EffTrack(tm) Services chiller energy savings even greater than in the United States. Rising energy costs and increasing global temperatures have put a premium on promoting chiller efficiency," he continued.
Efficiency Technologies, Inc. Announces Second Installation with International Healthcare Company
8-1-2006
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces a contract for the second installation of the EffTrack(tm) web-based software service with a Fortune 500, S&P 100 international healthcare company.
This is the second installation into one of over 50 facilities operated worldwide and is expected to be completed by August 18, 2006. The initial installation was completed in July 2006. On average, the implementation of the EffTrack(tm) system can reduce energy costs associated with chillers by over 15%.
"This is our second installation of the EffTrack(tm) system with this particular healthcare company, and we feel confident that as the EffTrack(tm) system assists in improving their chillers operational efficiency, we will continue to install EffTrack(tm) system in some of their remaining manufacturing facilities," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Announces Contract with NASA Jet Propulsion Laboratory
7-27-2006
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM) ("ARMM"), announced today an EffTrack(tm) service contract with NASA's Jet Propulsion Laboratory in Pasadena, California.
Efficiency Technologies, Inc. Announces Successful Implementation of the EffTrack Service With Fully Automated Data Collection for Case and Associates Properties, Inc.
7-25-2006
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM) ("ARMM"), announced today that it has installed its Internet-based EffTrack(tm) service with fully automated data collection for 2 chillers in Case and Associates Properties, Inc.'s Richmond Tower complex located in Tulsa, Oklahoma.
The operational changes that have been identified by EffTrack and made by the plant engineers have resulted in a 20% increase of efficiency. This translates into over $8,000 in energy savings per year beyond the cost of the EffTrack program.
"The chillers now run closer to design with greater efficiency, potentially extending the life of the equipment," stated Don Clark, President of Efficiency Technologies, Inc.
"With the EffTrack service, I have been able to make the operational changes and correct problems detected by EffTrack's diagnostics," stated Larry Drennan, Chief Engineer for Case and Associates.
Efficiency Technologies, Inc. Announces Contract with International Healthcare Company
7-13-2006
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces its first contract of the EffTrack(tm) web-based software service with a Fortune 500, S&P 100 international healthcare company.
This is an initial installation into one of over 50 facilities operated worldwide and will be tested to confirm the effectiveness of EffTrack(tm) services at improving centrifugal chiller performance and reducing energy consumption. On average, the implementation of the EffTrack(tm) system can reduce energy costs associated with chillers by over 15%.
"It is our hope that once the EffTrack(tm) efficiency results are confirmed, that we will begin negotiating for the installation of EffTrack(tm) into all their locations," stated Don Clark, President of EffTec.
American Resource Management, Inc. Engages Directstocknews.com, Inc. to Provide Corporate Information to Shareholders and Interested Parties
7-12-2006
American Resource Management, Inc. (Pink Sheets:ARMM) ("ARMM"), announced today that it has engaged Directstocknews.com, Inc., www.Directstocknews.com, ("DSN") to utilize DSN's stock information portal.
The DSN website serves as a stock information portal for specific publicly-traded and private companies to deliver news directly to DSN subscribers via e-mail. The service is free to the subscriber.
Shareholders and interested parties will have the ability to receive news releases, financial reports and other information about the Company transmitted directly to them using the DSN website.
Terry Washburn, CEO of ARMM stated, "We feel our shareholders are central to our company's success due to their faith and financial commitment in our company. Likewise, ARMM wants to reciprocate by committing its best efforts to corporate growth, profitability and shareholder awareness. DSN will help fulfill one of these important commitments."
Efficiency Technologies, Inc. Enters Into License Agreement With Garratt-Callahan Company
6-21-2006
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announced today that it has entered into a licensing agreement with Garratt-Callahan Company.
Garratt-Callahan Company will offer EffTec's EffTrack(tm) chiller efficiency tool to its customers nationwide.
Garratt-Callahan's water treatment expertise and dedication to customer service rest on the firm foundation of experience. With an average of 15 years in the industry, Garratt-Callahan's nationwide network of field engineers are seasoned professionals in the water treatment industry. They're backed by equally experienced technical and analytical service departments, and by a dedicated group of administrative and support personnel.
"The EffTrack service is an excellent tool for water treatment representatives to showcase their expertise and increase the return on investment for their customers, while enjoying greater customer satisfaction. We are looking forward to this partnership with Garratt-Callahan and the value it will bring to all parties," stated Don Clark, President of EffTec.
Efficiency Technologies, Inc. Enters Into License Agreement With Watertech of America, Inc.
5-30-2006
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announced today that it has entered into a licensing agreement with Watertech of America, Inc. Watertech will offer EffTec's EffTrack(tm) chiller efficiency tool to its customers nationwide.
Since 1980, Watertech has combined total system management with chemical and equipment expertise for the treatment of water and wastewater for the industrial and commercial markets. This combination of services makes them unique in the industry. Combining their knowledge of industrial boiler water treatment, cooling water treatment, wastewater treatment and a thorough understanding of specific systems plus the application of superior products and chemicals is the cornerstone of Watertech.
Efficiency Technologies, Inc. is Reaping Benefits from New Marketing Strategy
5-17-2006
New marketing and sales strategies implemented during the first quarter of 2006, combined with an expansion of product capabilities have produced exceptional results in reaching high-profile nationwide prospects. Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM.PK), has seen a rapidly growing receptiveness from prospective customers who are looking for a product with the unique capabilities and features offered by EffTrack™.
“We are preparing to announce new licensing partners, numerous trials with major prospects and further advancements in product development in the immediate future.”, stated Don Clark, president of EffTec.
First quarter changes included renaming EffHVAC™ to EffTrack to improve product name recognition and retention, restructuring the EffTrack pricing model and the addition of a monitoring and support package. The complete EffTrack chiller efficiency, diagnostics and support package pricing is now based on total plant capacity, which more accurately reflects the customers potential ROI.
Future enhancements include advanced chiller charting, internationalization (metric units), diagnostics and automated data collection for boilers and plate exchangers, water treatment analysis, screw chillers, steam driven chillers, evaporator condensers, air-cooled and rooftop units, air handling units and tower systems.
Efficiency Technologies, Inc. Announces Product Name Change,
Expansion of Capabilities and New Pricing Structure
2-14-2006
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM.PK), announces a change in the name of the EffHVAC™ product, an expansion of the product offerings and restructuring of their pricing model.
To improve product name recognition and retention, the products formerly known under the name EffHVAC have been renamed to EffTrack™.
“Simplification of the name helps prospects and customers recognize and remember our product offerings.” stated Thomas Kurtz, Vice-President of Marketing.
To help customers realize the full savings potential of the EffTrack efficiency and diagnostic tools, a monitoring and support package has been added. EffTec will monitor the performance of customer’s equipment, and notify their contacts if and when problems arise. The support package also includes email and telephone support, and a monthly performance status report delivered to the customers designated contacts.
“We found that the right information doesn’t always get to the right people in a timely manner. Customers are struggling with increased workloads, expanding responsibilities, and a shortage of qualified, experienced manpower and it’s difficult for them to regularly make time to review and monitor the performance of their chiller plant.” stated Don Clark, President of EffTec.
The complete EffTrack chiller efficiency, diagnostics and support package pricing is now based on total plant capacity, which more accurately reflects the customers potential ROI.
Efficiency Technologies, Inc. Announces Successful Completion of
Automated Data Collection Field Test with Major Las Vegas Casino
10-15-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM.PK) announces the successful completion of the automated data collection field test with a major Las Vegas casino for its Internet-based chiller, boiler and plate exchanger efficiency program. The field test was conducted through an EffTec licensing partner.
This field test required minimal additional equipment installation and used the casino’s existing advanced building automation system to automatically upload hourly chiller data to the EffTec servers. This automated data collection, analysis and reporting is already being used to make operational improvements, maximize the casino’s engineering manpower and keep the chiller running at optimum performance. The casino’s remaining chillers are expected to have this same method of automated data collection in the near future.
“Successful completion of this field test is a major step in proving that EffTec is committed to, and capable of delivering cutting-edge products and services to our customers and prospects in maximizing chiller and boiler efficiency.”, stated Don Clark, Vice-President of EffTec.
Efficiency Technologies, Inc. Enters Into Sales Associate
Agreement with Aqua Prep Incorporated
10-14-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pinksheets: ARMM.PK) announced that it has entered into a sales associate agreement with Aqua Prep Incorporated. Aqua Prep will offer EffTec’s EffHVAC™ efficiency and trending tool for customers in the Illinois area and nationally. EffHVAC is a powerful, easy-to-use, Internet-based chiller, boiler and plate exchanger efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage chiller system performance.
“The EffHVAC service is a perfect tool to help water treatment experts working in the field to showcase their expertise and contribute a return on investment while enjoying greater customer satisfaction. We are pleased to work with Aqua Prep to support best practices in the facilities.” stated Don Clark, Vice President of EffTec.
Efficiency Technologies, Inc. Announces EffHVAC™ Automated Chiller Data Collection
9-16-2005
Efficiency Technologies, Inc. (EffTec), announces automated chiller data collection for EffHVAC, its Web-based chiller, boiler and plate exchanger efficiency tool. EffHVAC takes chiller operating data, performs complex engineering analysis and creates detailed reports that include the chiller’s efficiency, production, water usage and diagnostics which pinpoints the causes of chiller inefficiency and provides detailed corrective action to regain and maintain optimal chiller performance. Automated data collection will maximize engineering manpower by eliminating the task of manually collecting the chiller data, as well as eliminating any potential human data input errors. Our surveys show that facilities spend $3,000-$5,000 per chiller per year to document chiller data. This further strengthens EffHVAC’s value to our customers beyond energy savings.
There are three ways EffHVAC automatically collects chiller data.
- Some advanced building automation systems are capable of uploading chiller data to EffHVAC.
- An EffHVAC Data Acquisition Board integrates with building automation systems using
LonWorks.
- Sensors, I/O Boards and a Data Acquisition Board can be installed for complete data collection.

“Our market research has shown that maximizing engineering manpower is just as important to facility managers as saving energy. If facilities don’t have the manpower to collect the data, there is no way to analyze it and make improvements. Automated data collection and analysis allows them to focus their resources on tuning the plant to save energy and prolong equipment life.”, stated Don Clark, Vice President of EffTec.
Efficiency Technologies, Inc. Releases Advanced Chiller Diagnostics for EffHVAC™
8-25-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource management, Inc. (OTC Pink Sheets: ARMM.PK) announces that is has enhanced its Web-based chiller, boiler and plate exchanger efficiency tool called EffHVAC by adding advanced chiller diagnostics and fault detection. Diagnostics can pinpoint the causes of chiller inefficiency from the analysis of standard chiller operating data. Results are reported in user-friendly summaries that include detailed corrective action to regain and maintain optimal chiller performance. It is estimated that there are over 100,000 centrifugal chillers in the United States. Chiller inefficiencies cost the industry, government and institutional operators over one billion dollars annually.
In addition, Advanced Diagnostics allows property owners, business managers and institutional maintenance managers the flexibility to properly monitor multiple chiller operations from one central location through a web-based system that helps make accurate capital budgeting decisions on existing chiller operations versus new chiller replacements.
“The introduction of the Advanced Diagnostics feature to our existing EffHVAC service marks a significant real-time feature to our web-based service that is unrivaled in our industry. Although Advanced Diagnostics is extremely sophisticated, its user-friendly application makes it possible for facilities using centrifugal chillers to save millions of dollars in maintenance and energy costs”, stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. Enters Into Sales Associate
Agreement with International CHEMSTAR, Inc.
8-16-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pinksheets: ARMM.PK) announced that it has entered into a sales associate agreement with International CHEMSTAR, Incorporated (CHEMSTAR) will offer EffTec’s EffHVAC™ efficiency and trending tool for customers in the Baltimore, MD area and nationally. EffHVAC is a powerful, easy-to-use, Internet-based chiller, boiler and plate exchanger efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage chiller system performance.
CHEMSTAR provides water treatment products and services regionally and internationally with a core business of boiler, cooling, fuel treatments, and service. Their customer base includes government power plants, cogen plants, military bases, universities, hospitals, food, paper, and chemical industries. CHEMSTAR products are proven formulas containing the same high quality ingredients used by the top competitors and are produced at three locations across the United States to meet the needs of a growing customer base. The CHEMSTAR staff has expertise in all phases of water treatment including potable, industrial, and wastewater. Our technical staff consists of seasoned professionals that average over 20 years of experience in water treatment.
“The EffHVAC service is a perfect tool to help water treatment experts working in the field to showcase their expertise and contribute a return on investment while enjoying greater customer satisfaction. We are pleased to work with CHEMSTAR to support best practices in the facilities.” stated Don Clark, Vice President of EffTec.
For more information about International CHEMSTAR, Inc. visit www.internationalchemstar.com.
Efficiency Technologies, Inc. Enters Into New Licensing Agreement with ChemCal, Inc.
8-5-2005
Efficiency Technologies, Inc. (EffTec), a wholly owned subsidiary of American Resource Management, Inc., announced that it has entered into a licensing agreement with ChemCal, Inc. Pursuant to the licensing agreement, EffTec will integrate EffHVAC™ into ChemCal’s E-Service Report software. EffHVAC is a powerful, easy-to-use, Internet-based chiller, boiler and plate exchanger efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage chiller system performance. ChemCal is a progressive, Texas-based water treatment company located in Grapevine, TX. ChemCal provides service and support for a variety of institutional and industrial accounts throughout the Southern United States. E-Service Report customers will have immediate access to their EffHVAC equipment with the click of a button, without having to use an additional log in.
“We are very excited about our partnership with ChemCal. Being an aggressive, technically-savvy company, ChemCal is a perfect partner to bring this technology to the end users, who are already accustomed to and accepting of Internet-based technologies," stated Don Clark, Vice-President of EffTec.
For more information about Chem-Cal, Inc. visit www.chemcal.com.
Efficiency Technologies, Inc. Announces Automated
Data Collection Beta Test with Las Vegas Casino
7-21-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource management, Inc. (OTC Pink Sheets: ARMM.PK) announces an automated data collection beta test with a major Las Vegas casino for its Web-based chiller, boiler and plate exchanger efficiency tool. This beta test will be conducted through one of EffTec’s licensing partners and will entail a preliminary plant survey, installing sensors, probes, and data acquisition devices that will automatically upload chiller data to the EffTec servers. This automated data collection and analysis will maximize the casino’s engineering manpower by eliminating the task of manually collecting the chiller data as well as eliminating any potential human data input errors. In addition the chiller’s performance, efficiency and health will be constantly monitored and analyzed while providing detailed reports on how to correct any problems that may affect the chiller.
“Our market research has shown that maximizing engineering manpower is just as important to facility managers as saving energy. Successful implementation of this beta test will be a major step in providing an incredible value to our customers and accelerating market saturation of our products and services.”, stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. Releases EffHVAC™ Boiler Efficiency Management Tool
3-9-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheet: ARMM.PK), announced that it has released its EffHVAC boiler efficiency management tool. EffHVAC is a powerful, easy-to-use, Internet-based chiller and boiler efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage commercial chiller and boiler system performance. It is estimated that there are over 200,000 commercial boilers in the United States alone, almost double that of commercial chillers.
“The addition of boilers is a essential step in the direction of the EffHVAC service. Boilers may run less efficiently than their cooling counterparts, which make the need to trend their efficiency extremely important. Facilities can now monitor and trend their heating and cooling performance for the entire year from one easy-to-use service.” stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. Enters Into Distributorship
with éPlus Environmental Solutions, LLC.
3-2-2005
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pinksheets: ARMM.PK) announced that it has entered into a distributorship with éPlus Environmental Solutions, LLC (éPlusES).
éPlusES provides solutions for facility management and the built environment including energy and process efficiency improvements and will offer the EffHVAC™ chiller efficiency and trending tool for customers in the Kansas, Kansas City, Missouri, and St. Louis markets. EffHVAC is a powerful, easy-to-use, Internet-based chiller efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage chiller system performance.
“The EffHVAC service is the perfect tool to help experts in the field analyze and diagnose chillers and this distributorship is a great example of the engineers recognizing that fact. éPlusES has a tremendous amount of experience, knowledge and respect in the industry and we are pleased to work together with them to support best practices in the facilities.” stated Derrick Shoemake, President of EffTec.
For more information about éPlus Environmental Solutions, LLC. visit www.epluses.com.
Efficiency Technologies, Inc. Enters Into New Licensing Agreement
1-7-2005
Efficiency Technologies, Inc. (EffTec), a wholly owned subsidiary of American Resource Management, Inc., announced that it has entered into a licensing agreement with Ecolab Inc. (ECL). Pursuant to the licensing agreement, EffTec will provide to Ecolab a proprietary website to offer the EffHVAC™ chiller efficiency and trending tool to customers. EffHVAC is a powerful, easy-to-use, Internet-based chiller efficiency and trending tool that affords facilities the ability to document, monitor, evaluate and manage chiller system performance.
“This arrangement is another step toward making the EffHVAC system a valued energy management tool in improving chiller efficiencies," stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. is Granted U.S. Government Contractor Status
12-16-2004
Efficiency Technologies, Inc. (EffTec) has been granted approved U.S. government contractor status as a small business through Central Contractor Registration (CCR). This allows EffTec to be awarded contracts with the Department of Defense (DoD), NASA, the Department of Transportation (DoT) and the Department of Treasury. EffTec is now listed in Central Contractor Registration and Federal Business Opportunities (FedBizOpps/FBO) where government buyers can search for EffTec products and services and EffTec can search and be notified of government contract postings that are in EffTec’s field of expertise. Having access to this information also enables EffTec to find the correct point of contact to market its products and services.
“Completing our Central Contractor Registration allows us to now market to, and be awarded contracts for government institutions such as federal buildings, veterans hospitals, military bases, etc., which are a huge segment of the U.S. market,” stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. Becomes ENERGY STAR® Partner
11-30-2004
Efficiency Technologies, Inc. (EffTec) has developed a powerful, easy-to-use, Internet-based chiller efficiency and trending tool called EffHVAC™ that affords facilities the ability to document, monitor, evaluate and manage chiller system performance, which has qualified for ENERGY STAR status. ENERGY STAR is an Environmental Protection Agency (EPA) and Department of Energy (DOE)-backed program helping businesses and individuals protect the environment through superior energy efficiency. Becoming an ENERGY STAR partner allows EffTec numerous opportunities to increase awareness of the EffHVAC service.
As a result of the approval, EffTec will use the ENERGY STAR and ENERGY STAR partner branding identity on its Web site, marketing literature, stationery and the EffHVAC chiller efficiency tool. ENERGY STAR recognition lends credibility that EffTec and EffHVAC meet the ENERGY STAR guidelines for energy efficiency products and services. EffTec will be listed in the ENERGY STAR Service and Product Provider Directory. Becoming an ENERGY STAR partner aids in marketing to over 1,450 ENERGY STAR labeled buildings that are committed to investing in energy efficiency products and services. EffTec will submit energy efficiency case studies and articles for publication on the ENERGY STAR Web site. EffTec and its customers now have access to the ENERGY STAR Guidelines for Energy Management, Tools and Resources and Financial Value Assessment calculators, aiding in the justification of energy efficiency programs.
We believe EffHVAC will revolutionize the way central plants are managing their energy policies. Becoming an ENERGY STAR partner is an important step because it shows that we are committed to helping central plants maintain their maximum energy savings with minimal cost and manpower.” stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc.’s Chiller Efficiency Tool Saves
Mid-West Hospital over $100,000 Energy Costs
11-19-2004
Committed to best maintenance practices, the hospital engineering team subscribed to a new cost-effective, Internet-based chiller energy efficiency tool developed by Efficiency Technologies, Inc. (EffTec) called EffHVAC™. EffHVAC analyzes centrifugal chiller log data, calculates and trends chiller performance and troubleshoots problems. EffHVAC has advanced charting and reporting capabilities that make it possible to verify even the slightest improvements in operations. It provides cost analysis including water usage and affords facilities the ability to improve operations and their bottom line.
Log sheet data was input for 2003 to create a baseline and the reports were compared to the reports for 2004. This increased awareness and improved general operations such as entering condenser water temperature adjustments, gauge and sensor calibr /ations, scheduled maintenance, monitoring weather conditions, adding/shedding chillers, flow adjustments and the chiller configuration changes (load profiling). These plant improvements have resulted in substantially lower energy costs.
From January to October 2004, the plant produced more tons of cooling at a lower cost per ton, equating to $100,373 total cost avoidance in energy usage. For a not-for-profit hospital that operates on a 2 percent profit margin, this is equivalent to bringing in $5,018,650 in new business. The total energy cost avoidance through 2004 is conservatively expected to be over $120,000. The continual improvement through 2005 is expected to yield even greater results.
“Being able to realize the significant cost avoidance at such a world-class facility that has already embraced and implemented a best practices policy shows how our EffHVAC service can help any facility to save money and improve their operations.” stated Derrick Shoemake, President of EffTec.
To see the complete case study in detail, visit www.EffTec.com/casestudy.html or call toll-free at 1.866.333.8321 for more information.
Efficiency Technologies, Inc. Unveils Its Internet-Based Diagnostic Tool,
EFFHVAC™ at World Energy Engineers Congress in Austin, Texas
9-22-2004
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM - News), introduced its new Internet-based diagnostic tool, EFFHVAC™ at the World Energy Engineers Congress in Austin, Texas today. Participants in the conference include the Department of Energy, the Environmental Protection Agency, Trane, Texas Energy Partnership, Honeywell, Electrical Power Research Institute, Alliance to Save Energy and BOMA. The Congress anticipates at least 8,000 members of the Association of Energy Engineers to be in attendance.
Efficiency Technologies, Inc. Selects Beta Test Site for Boiler Monitoring System
8-3-2004
Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM - News), announced that it has selected a beta test site for its supplemental boiler monitoring system. EffTec will provide boiler operators with an online diagnostic tool that will allow them to monitor, manage, evaluate and document their commercial boiler systems.
"Because boilers traditionally operate at lower efficiency ratios than their counterparts, centrifugal chillers, which can result in even greater energy losses, we believe our boiler monitoring system will attain the same type of acceptance as our EFFHVAC product," stated Derrick Shoemake, President of EffTec.
EffTec anticipates that it will introduce its new boiler monitoring system at the World Energy Engineers Conference in Austin, Texas on September 21, 2004, with an anticipated launch date of October 31, 2004. EffTec will provide tickets for free admission to the exhibit hall at the Austin Convention Center.
Efficiency Technologies, Inc.'s New Centrifugal Chiller Efficiency and
Management Tool can Help Save Industry Billions in Energy Costs
7-16-2004
Chillers are the single largest energy-using component in most facilities, and can typically consume up to 50% of the facility’s electrical usage. The U.S. Department of Energy estimates that chillers expend up to 30% in additional energy through inefficiency, which may further result in decreased equipment reliability and shortened lifespan. There are over 100,000 chillers in the United States, costing industry billions of dollars in energy costs annually through chiller inefficiency.
Example:(based on operating 24 hour / 365 days at .91 Kw/Ton vs. a design of .7 Kw/Ton at $0.06/Kw)
A large chiller, producing 3,000 average tons per hour, running at 70% efficiency can cost an incredible, additional $331,128 in electricity per year or an average additional $27,549 per month!
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management Inc. (ARMM.PK), has developed a powerful, easy-to-use, online diagnostic service called EffHVACTM™ that affords facilities the ability to document, monitor, evaluate and manage centrifugal chiller system performance and improve their bottom line.
A world-class chiller maintenance program begins with keeping a daily operating log, which can be input into EffHVAC. If an entry is out of range, an alarm is triggered identifying problems and providing detailed troubleshooting guidelines. Troubleshooting includes: what triggered the alarm, the possible cause of the alarm, symptoms of the potential problem, things to check and possible problems if gone unchecked. With the help of EffHVAC’s proprietary troubleshooting and data interpretation formulas, customers are identifying and correcting a range of problems including bad or uncalibrated gauges and sensors, flow problems and plant design problems, which when corrected, can lead to improved overall chiller efficiency and operations.
EffHVAC analyzes and organizes log entries to calculate the chiller’s efficiency, generate reports and trend performance. EffHVAC uses a proprietary Calculated Part Load Value (CPLV) that gives extremely accurate efficiency and costs results even when chillers are running at part loads and varying entering condenser water temperatures. This enhances any previously performed part load tests, which are used to determine optimum conditions for maximum efficiency.
EffHVAC reports include:
- Kw/Ton efficiencies charts
- average efficiency pie charts
- tons produced charts
- costs charts
- operating averages and totals
- chiller start/stop times and run hours
- makeup, blowdown, evaporation, cycles of concentration and projected evaporation credit
Monthly reports can be created with the click of a button, for any month, and also includes year-to-date totals. With these reports you can identify inefficiencies, monitor chiller health, pinpoint problems, justify expenditures, extend chiller life, refine operating procedures and calculate the most efficient chiller configurations. It’s easy to see that for a single chiller, EffHVAC can help save thousands of dollars a year in energy costs alone.
EffTec is dedicated to developing energy efficiency programs for commercial/ industrial HVAC systems. EffTec offers comprehensive and flexible HVAC consulting and training. Our team consists of industry-recognized experts in HVAC system design, efficiency, preventive and proactive maintenance, repair, chemistry, computer programming and marketing. Visit www.EffTec.com for more information.
American Resource Management, Inc. Launches EffHVAC
7-7-2004
American Resource Management, Inc. (OTC Pink Sheets: ARMM) through its wholly-owned subsidiary, Efficiency Technologies, Inc. (EffTec), announced today that EffHVAC is now available for subscription to the public. EffHVAC, which was developed by EffTec, is an easy to use online diagnostic service that allows property managers to document, monitor and evaluate centrifugal chiller performance on a daily and comparative basis to assist in promoting chiller efficiency.
By way of example, a large chiller running at a 70% efficiency rating can increase an owner's operating cost by over $300,000 per year. By using EffHVAC diagnostic tools, a property manager will be provided with online reports that trends a chiller's performance and efficiency on a real-time basis to assist in decisions which will improve chiller performance.
"There are over 100,000 centrifugal chillers in the United States which could benefit from using EffHVAC. Chiller inefficiencies cost the industry over one billion dollars annually, and with all businesses constantly seeking ways to reduce costs, EffFHVAC will be able to help facilitate significant energy savings in chiller operations," stated Derrick Shoemake, President of EffTec.
Efficiency Technologies, Inc. Enters Into Licensing Agreement
6-17-2004
Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheet: ARMM), announced that it has entered into a three year licensing agreement with a worldwide provider of integrated water treatment services. Pursuant to the licensing agreement, EffTec will provide a proprietary website to the licensee to offer the EffHVAC management reporting system to its customers.
“This licensing agreement is our first step in making the EffHVAC system a global management tool in improving chiller efficiencies. We believe the licensing agreement validates our product as we begin offering it to the marketplace at a time when energy efficiencies are vital,” stated Derrick Shoemake, President of EffTec.
American Resource Management, Inc. (OTC Pink Sheets: ARMM), Announced
That it has Acquired Efficiency Technologies, Inc., a Nevada Corporation.
Efficiency Technologies, Inc. (EffTec) has developed a web-based energy management service for centrifugal chillers. The Department of Energy has estimated that chillers waste up to 30% of their cooling energy through inefficiency. EffTec’s web-based service provides a diagnostic tool that provides managers of centrifugal cooling systems the ability to evaluate, monitor and manage their chiller’s performance. Efficient monitoring and treatment can save tens of thousands of dollars per year in energy and maintenance costs. The online service developed by EffTec simplifies how HVAC plants are operated and monitored. The operating engineers, managers and asset professionals can communicate in a common language.
ARMM is an energy resource and solutions-based holding company based in Tulsa, Oklahoma.



