AttuneRTD to Deliver BrioWave Smart Energy Controllers
21 March 2013 - 9:00PM
Marketwired
AttuneRTD ("Attune" or "the Company") (OTCQB: AURT), a leader in
the design and development of proprietary energy management systems
that eliminate inefficiencies and curtail excess energy
consumption, today announced the initial delivery of 20 BrioWave®
Smart Energy Management Controllers to Desert Electric Supply under
an exclusive agreement.
To maintain the exclusive agreement, Desert Electric Supply is
required to purchase a minimum of 250 BrioWave units annually for
an initial period of two years. Further, Attune will be the only
supplier of energy management systems that Desert will carry for
that period.
Established in 1972 with four locations, Desert Electric is a
substantial presence in the retail and commercial electrical supply
sector in the Coachella Valley, including Palm Springs, Rancho
Mirage and customers in the High Desert including Yucca Valley and
the TwentyNine Palms Marine Base. Desert Electric's reputation for
quality service along with a network of electricians and
experienced sales and support staff represent a strong local
partner for Attune's BrioWave products.
"The Coachella Valley is expected to have a population of more
than 600,000 by 2020," said Shawn Davis, Chief Executive Officer of
Attune. "With an extremely heavy concentration of permanent pools
and HVAC units, the area is a natural for Attune's BrioWave energy
management technology. The exclusive relationship with Desert
Electric will provide a seamless customer purchase and installation
experience coupled with exceptional ongoing service and
support."
Eighty-five million homes in the US have installed heating and
cooling units. Sixteen million have pools and hot tubs. Pro-active
management of energy consumption, as opposed to relying on built in
efficiencies ensures maximum performance at the lowest possible
cost. This problem is not confined to the U.S. Generators worldwide
are grappling with the increasing growth of consumption that
outpaces the ability to deliver reliable energy at reasonable cost.
The solution is our unique capability to gain energy efficiency
through management; an unparalleled approach to the worldwide
problem of growing consumption.
While Attune has identified this large market for the initial
deployment of its technology, there are several other energy
efficiency applications to be addressed, including solar panel
arrays and the growing home charging of automobiles. Our technology
has shown that it can save consumers up to 60% annually as well as
realizing payback in as little as 12 months. It can also be easily
monitored and configured online from anywhere in the world through
our Global User Interface.
Management has opened several retail and commercial sales and
marketing discussions. The Company is confident it will deliver
significant and ongoing revenue growth through direct and installer
sales as well as potential joint ventures with major state utility
companies.
About AttuneRTD California-based AttuneRTD
is bringing to market a series of smart products that, by
themselves, are designed to create outstanding value for consumers,
resellers and utilities by optimizing existing energy management
technologies while also maximizing synergies between such
technologies to further increase value. The Company's BrioWave
intelligent pool systems controllers, designed to keep pools
running at their best and most efficient, are capable of saving as
much as 60% of typical energy costs.
Forward-Looking Statements This press
release may contain forward-looking statements, including
information about management's view of Attune's future
expectations, plans and prospects. Statements made in this news
release, are forward-looking statements, which involve known and
unknown risks, uncertainties and other factors, which may cause the
results of Attune to be materially different than those expressed
or implied in such statements. These risk factors and others are
included from time to time in documents SFI files with the
Securities and Exchange Commission, including but not limited to,
its Form 10-Ks, Form 10-Qs and Form 8-Ks. Attune cannot guarantee
future results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
statements. Finally, Attune undertakes no obligation to update
these statements after the date of this release, except as required
by law, and also takes no obligation to update or correct
information prepared by third parties that are not paid for by
Attune.
Company Contact AttuneRTD Thomas Bianco CFO 760.406.1146 Email
Contact Financial Communications Contact Anubis Partners, LLC
Michael Briola Senior Partner 972.646.3400 Email Contact
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