OXFORD, Miss., July 12, 2006 (PRIMEZONE) -- Energy Vision International (Pink Sheets:EGVI), a rapidly growing diversified energy company, was awarded a contract to install the new 6-ton / 2-stage DeMarco Energy Miser Heat Pump geothermal system. EGVI's subsidiary American Geothermal secured the contract and will perform the installation.
Installation of the system has begun on a newly constructed 4,000sq ft home north of San Antonio, TX. The home will feature a 6-Ton / 2 Stage DeMarco Energy Miser geothermal system. The system acts as a 4-ton unit during lower air temperatures and switches to 6-tons in hot conditions. This translates into less electricity usage through intelligent design. The Energy Efficiency Rating (EER) for the new DeMarco system is 21.8, which is considered very high on the EER rating scale.
Victor DeMarco, CEO of EGVI's subsidiary American Geothermal, commented, "The growing demand for geothermal heating and cooling is the driving force behind design engineers improving the technology for the benefit of the consumer. Our challenge is to push the EER ratings to the maximum limits and in so doing further increase the incredible energy savings presently enjoyed by our customers."
Chairman of EVI, Anthony Welch, added, "We expect to meet or exceed our expectations for 2006. We have promised profitable revenues and continuous growth. We continue to deliver by today's announcement. Our expected sales for the remainder of 2006 and through 2007 create great enthusiasm throughout the company. Demand for our energy conserving geothermal solutions has never been higher."
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.