TULSA, Okla., Oct. 10, 2006 (PRIMEZONE) -- 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.
About Efficiency Technologies, Inc.
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.
Chill Factor collects, stores, and analyzes chiller operating data to determine performance, diagnose causes of inefficiency, and recommend corrective action. The Chill Factor monitoring service notifies plant contacts if problems occur. Plant operators and facility managers can review the hourly updated information by logging in to Chill Factor from any computer with Internet access. By following the Chill Factor recommendations for improvement, plant operators can significantly lower the chiller kW/Ton and plant kWh consumption. These savings are identified and measured in the Chill Factor reports.
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ARMM is an energy resource based holding company located 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.