LAS VEGAS, Oct. 23, 2007 (PRIME NEWSWIRE) -- SensorStat(r), the groundbreaking energy management device distributed by EnerBrite Technologies Group, Inc. (Pink Sheets:ETGU) provides a complete payback of investment in as little as 18 months. Residential and commercial buildings that use SensorStat(r) to regulate in-room temperatures boast an average 25% to 35% reduction in energy use. These savings typically result in an annual return on investment in excess of 40%.
EnerBrite data from a recent study shows, for example, that in a 200-room hotel it would cost about $60,000 to install SensorStat(r) in all suites. Based on a 65% occupancy rate, the hotel would save almost $26,000 on energy in the first year. This translates into a complete payback of investment in less than 25 months -- an annual rate of return on investment of 43%. This analysis does not factor in increases in utility rates after installation.
SensorStat(r) employs a passive infrared (PIR) sensor and a flush-mounted door switch that work in conjunction with each other to determine the occupancy of a room, automatically setting the temperature back when the space is vacated.
Not only does SensorStat(r) help save on energy use, it also helps extend the life of HVAC equipment, reduces FFE expenditures, and reduces HVAC filter maintenance and other repair costs.
With this level of cost savings and ROI, EnerBrite is poised to become a leading source of energy conservation products and services for residential and commercial buildings in the near future.
About EnerBrite Technologies Group, Inc.:
EnerBrite Technologies Group's focus is on introducing performance-related technologies designed to manage energy consumption and control demand. The EnerBrite product line consists of various technologies that not only have the capability of controlling energy demand but can also be the foundation for reconfiguring base building systems. These technologies can substantially change the way building systems are installed and operated (e.g. domestic hot water, hallway ventilation, in-suite heating/cooling, etc.).
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.