TULSA, Okla., Feb. 19, 2009 (GLOBE NEWSWIRE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of EffTec International, Inc. (Pink Sheets:EFFI), announces that it has installed its EffTrack web-based facility monitoring and diagnostic system at four MGM Mirage properties in Las Vegas, Nevada: Bellagio, Mirage, Treasure Island and Luxor. The total project involves 33 chillers, 2 plate exchangers and almost 42,000 tons of cooling. EffTrack will help the MGM Mirage facilities significantly reduce energy usage, reduce greenhouse gasses and diagnose problems with a critical cooling system.
"Successful installation and operation of the EffTrack system at MGM Mirage facilities is a testament to the mainstream acceptance of our technology with major Fortune 500 companies. It is also a testament to MGM Mirage's commitment to environmental sustainability, reducing energy costs and increasing profitability," stated Steven Kile, EffTec President.
About MGM Mirage
MGM MIRAGE (NYSE:MGM), one of the world's leading and most respected development companies with significant holdings in gaming, hospitality and entertainment, owns and operates 17 properties located in Nevada, Mississippi and Michigan, and has 50% investments in four other properties in Nevada, New Jersey, Illinois and Macau. MGM MIRAGE is developing major casino and non-casino resorts, separately and with partners in Las Vegas, Atlantic City, the People's Republic of China and Abu Dhabi, U.A.E. MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE has received numerous awards and recognitions for its industry-leading Diversity Initiative and its community philanthropy programs.
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. EffTec is an ENERGY STAR Partner and a U.S. Green Building Counsel Member.
EFFI 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.