GLENDALE, Calif., March 14, 2005 (PRIMEZONE) -- Ecogate, Inc. (Pink Sheets:ECGT), a manufacturer and supplier of patented, energy efficient and eco-friendly integrated industrial ventilation systems, announced that the Company has received an order for a Master System 250 HP from Mark Richey Woodworking & Design Inc. By installing the Ecogate Master System, Mark Richey received an incentive for energy efficient systems from Massachusetts Electric, a member of National Grid USA Service.
Ales Litomisky, President of Ecogate, Inc., commented, "Mark Richey Woodworking & Design is a perfect example of how large woodworking and industrial companies can use cash gained through government-funded Energy Incentives. Mark Richey will be able to utilize the cash incentive to finance the Ecogate's newest technology enabling them to install a more cost-efficient dust collecting system in their facilities. Ecogate's energy-saving technology allows its customers to qualify for these cash incentives and provides additional and substantial savings in annual electricity costs."
Through usage of the Ecogate Master System, it is estimated that Mark Richey will realize a $32,000 reduction in their annual electricity payments which translates to an electricity savings of 265,000 kWh per year. The standard projections for annual electricity savings for a Company utilizing Ecogate's 250 HP Master System ranges anywhere from $31,718 for factories that work 1 shift (8 hour day) to $133,215 for factories that work 3 shifts (24 hour day). These estimates do not include additional cash incentives provided by many state governments for installing energy efficient technology. The patented Ecogate System automatically closes gates at non-working machinery and continually optimizes the fan performance by using a variable speed drive, saving substantial amounts of electricity.
About Ecogate, Inc.
Ecogate, Inc. manufactures and sells the patented, environmentally friendly and energy saving ECOGATE System which is a dust/mist/fume collecting system used for industrial ventilation. The ventilation system which consists of motorized gates, sensors and a controlling MASTER system has been proven, through independent testing, to reduce energy costs by up to 80%, saving Ecogate's customers thousands of dollars per year in energy costs. The Company's ECOGATE System targets the global, multi-billion dollar energy intensive industrial and manufacturing markets by drastically reducing companies' energy costs and environmental pollution.
For more information about the company please visit www.ecogate.com
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