Published:
Energy Efficiency Project Due to Begin for NYS School District
Atlantic Energy Solutions, Inc.
(PINKSHEETS: AESO) is announcing that a contracted energy efficiency
project with a Southern New York State School District is due to begin
before year end. The project, awaiting final New York State Education
Department (NYSED) approval, is expected for release in mid December with
measures that include lighting system upgrades, window replacements,
building envelope weatherization, and transformer replacement. Atlantic
Energy Solutions recommended the school use Efco series windows using high
effeciency low thermal Low-e glass for a more "green" approach to their
energy savings.
The District will realize a reduction in annual energy costs of $33,000.
With the addition of state financial assistance the District will benefit
from a positive cash flow over the 18 year term of the savings agreement.
"It's very exciting to be assisting another school district with their
plans for capital improvements and energy savings," said Tim Brock, CEO of
Atlantic Energy Solutions. Mr. Brock went on to say, "In addition to making
an important contribution to the environment, we have created the added
benefit of a positive cash flow for their school budget. This will
undoubtebly help lighten the taxpayers' burden in the school district. As
for our shareholders, I am very happy to announce that this project will
increase our revenues to what has already been a record breaking year for
Atlantic Energy Solutions."
About Atlantic Energy Solutions, Inc.
Atlantic Energy Solutions is a globally accredited Energy Efficiency and
Resource Company and member of NAESCO (www.Naesco.org) that identifies,
implements and finances energy efficiency projects designed to improve the
overall efficiency of energy, water usage and renewable resources, reducing
our dependency on foreign oil and diminishing our carbon footprint.
Headquartered in Saratoga Springs, NY and with a satellite office in
Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and
usages of municipal, corporate and industrial complexes to improve
conservation and apply measures to boaster savings at the consumer level.
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act of
1933 and the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of Atlantic
Energy Solutions Inc., and members of its management as well as the
assumptions on which such statements are based. Prospective investors are
cautioned that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to management
that could cause actual results to differ materially from those in
forward-statements include, but are not limited to, fluctuation of
operating results, the ability to compete successfully and the ability to
complete
before-mentioned transactions. The company undertakes no obligation to
update or revise any forward-looking statements.
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