DELTA, BC, Nov. 30, 2011 /PRNewswire/ - AirTest Technologies (TSXV: AAT) announce today the signing of a major distribution partner agreement with Barnhardt Energy Partners, LLC (BEP) to sell AirTest's innovative energy saving products and systems in the Northeastern United States markets.
BEP will be targeting large building owners, offering turn-key systems integrating AirTest products and installation methodologies to provide guaranteed energy savings. Initially they will focus on AirTests's garage ventilation products where the AirTest proprietary sensor based control system has been recently verified by a major utility to provide over 94% in operating energy cost and 96% reduction in peak energy use.
While dramatic reduction in energy use in enclosed garages is the entry point, BEP intends to work with building owners to leverage maximum possible energy savings using AirTest's full portfolio of products. BEP will provide design, installation and verification of performance while working with local utilities to maximize possible rebates and other incentives for building owners. According to AirTest President George Graham: "The Northeast US is a key market for us as it has very high energy prices and a large number of enclosed garages that lack energy-efficient control systems. We see BEP as the ideal partner to quickly penetrate this lucrative market for AirTest."
About AirTest: AirTest Technologies ( www.airtest.com) is a Green-Tech company specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations developed in the last ten years, and comprise a growing second wave of energy saving technologies that will make a significant contribution to the Sustainable Buildings Program. AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.About BEP: Barnhardt Energy Partners are committed to ensure that the value they offer in state-of-the-art technologies and design methods can be realized now, not just considered or discussed as the way of the future. Their advice is "the future is here, and we can assist our clients in rising to the challenge and reaping the rewards of our energy technologies and designs. Protecting the future starts now". Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE AirTest Technologies Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV