TULSA, Okla., June 26, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announces installation of the EffTrack(tm) web-based software service at the AT&T Center in Los Angeles, California.
"LBA has recognized that energy management is a primary issue facing its industry, and it is at the forefront in taking a leadership role regarding energy management. LBA's selection of EffTrack to monitor, evaluate and decrease energy costs in the chiller operations at the AT&T Center is a significant boost in our efforts to inform the real estate investment and management community of the benefits of EffTrack," stated Don Clark, President of EffTec.
Chillers are the single largest energy consumer in most facilities and typically account for up to 35% of the electrical power use. The U.S. Department of Energy estimates that chillers waste up to 30% additional energy through inefficiency.
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About LBA Realty
LBA Realty is a full service real estate investment and management company founded in 1991. With its responsive service and attention to detail, LBA Realty has acquired a reputation for being tenant focused. The company's corporate office is in Irvine, California with regional offices in Los Angeles, San Diego, San Jose, Denver, Phoenix and Seattle. For more information on LBA Realty, visit www.lbarealty.com.
About Efficiency Technologies, Inc.
EffTrack collects, stores, and analyzes chiller operating data to determine performance, diagnose causes of inefficiency, and recommend corrective action. The EffTrack monitoring service notifies plant contacts if problems occur. Plant operators and facility managers can review the hourly updated information by logging in to EffTrack from any computer with internet access. By following the EffTrack recommendations for improvement, plant operators can significantly lower the chiller kW/Ton and plant kWh consumption. These savings are identified and measured in the EffTrack reports.
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.