TULSA, Okla., May 30, 2006 (PRIMEZONE) -- 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.
Chillers are the single largest energy consumer in most facilities and typically account for up to 35% of the electrical power use. The U.S. Department of Energy estimates that chillers waste up to 30% additional energy through inefficiency.
EffTrack collects, stores and analyzes chiller operating data to determine performance, diagnose causes of inefficiency, and recommend corrective action. The EffTrack monitoring service notifies plant contacts if problems occur. Plant operators and facility managers can review the hourly updated information by logging into EffTrack from any computer with internet access. By following the EffTrack recommendations for improvement, plant operators can significantly lower the chiller kW/Ton and plant kWh consumption. These savings are identified and measured in the EffTrack reports.
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.
ARMM is an energy resource-based holding company in Tulsa, Oklahoma.
Forward-looking statements in this release 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.