OXFORD, Miss., May 16, 2006 (PRIMEZONE) -- Energy Vision International (Other OTC:EGVI), a rapidly growing diversified energy company, announced that its subsidiary, American Geothermal, has acquired another customer for its geothermal DeMarco Energy Miser system.
The new installation is a residential application for a three-story addition to an existing home in Austin, TX. A DeMarco Energy Miser geothermal system will be installed in the extended area of the house and will replace the main home's heating and cooling system. The installation features the latest zone damper technology and the new electronic Honeywell touch screen thermostats. The contract is worth in excess of $31,000 for the company.
Chairman of Energy Vision International, Anthony Welch added; "The frequency by which we are acquiring new installation contracts supplies us great optimism for the future. The increase in our installation contracts directly results from the activities of our recent new additions to the operational and business development team as previously announced. Our patented geothermal system is gaining market awareness with each passing day."
About the Company
Energy Vision International grows through energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, and sales of energy conservation solutions. The company has three subsidiaries at present with plans for more.
The company's subsidiary, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.energyvisionintl.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.