TULSA, Okla., Aug. 16, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announced that Efficiency Technologies Australia Pty Ltd, a master license holder, has signed two additional partner sub-license agreements with Admiral Service & Maintenance Pty Ltd and SPDIC Singapore.
"Strong interest from qualified companies throughout the region will lead to further partner announcements in the coming weeks," stated Joe Gomez, Managing Director of EffTec Australia.
About Admiral Service & Maintenance
Admiral Service & Maintenance has been involved with the servicing and maintaining of building air-conditioning and ventilation systems in Perth Western Australia since 1989. Admiral has the ability to service and maintain many brands and styles of equipment from small packaged unitary equipment to large chillers and chilled water plants. Through its existing client maintenance base and sound knowledge of the industry and energy "stake holders," Admiral Service & Maintenance is well placed in the Western Australian market to offer the EffTrack service.
"We are genuinely excited to have an opportunity of offering this leading edge technology for the benefit of our customers and the environment in general," stated Miles Corompt, Director of Admiral Service & Maintenance Pty Ltd.
About SPDIC Singapore
SPDIC is a district energy plant developer, engineering and turnkey contractor for providing power plant and utilities plant for industrial parks, airports, hospitals and municipalities. SPDIC provides design, construction and operation of energy and utility systems for district energy, power plants, food processing, low temperature distribution, pharmaceutical plants, petrochemical and municipalities. Operating and maintaining central utility plants, power plants and inlet air-cooling systems is a collaborative effort between SPDIC's engineering and refrigeration parts and service personnel. SPDIC outperforms the competition by offering efficient and reliable designs partnered with on-site service technicians. SPDIC offers owner's value added service with knowledge of energy management, utility contracts, preventive maintenance, emergency repair and parts availability.
"There are over 20,000 buildings in Singapore alone, each with 24/7 air-conditioning requirements. There is a significant concentration of chiller plants in Singapore and the immediate region. EffTrack will form a valuable asset in the delivery of SPDIC's services," commented Pete Tin, Managing Director of SPDIC.
About Efficiency Technologies, Inc.
Chillers are the single largest energy consumer in most facilities and can use up to 40% of a facility's electrical usage. Chillers can waste up to 30% in additional energy through inefficiency. A 15% chiller energy savings could equal a 6% reduction of the energy bill. EffTrack collects accurate hourly chiller operating data, performs complex engineering analysis and trends chiller performance. It diagnoses the causes of inefficiencies, notifies plant operators and facility managers when problems occur and recommends corrective actions. By following the recommendations for improvements, the facility can significantly lower the chiller and plant energy consumption. These savings are identified and measured in the EffTrack reports, which can be accessed from any computer with Internet access.
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ARRM 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.