HUNTINGTON BEACH, Calif.,
July 26, 2012 /PRNewswire/
-- Greenway Design Group, Inc. (GDGI.PK) today confirmed that
its ESA dealer in Mexico has
received an order from the Kash Casino network to install
Cool-n-Save systems at two of their facilities.
The first round contract is valued at $59,731 USD for the two facilities located in
Naucalpan and Cuernavaca. Kash Casinos operates five
facilities in Mexico.
"We are very pleased to receive this order from our ESA dealer
in Mexico at this time," says
Ben Lefrancois, president and
chairman of Greenway, which is based in Huntington Beach, CA. "This is the first of
several contracts that we anticipate we will close this summer.
This is also the early fruits of our revenue-building efforts. It
demonstrates that not only can we create an innovation that saves a
significant amount of energy for our customers, but that we are
capable of generating solid revenues from sales for our
investors."
Lefrancois also commented on the company's efforts to defend
against recent stock trading activity that has negatively affected
Greenway's share price. "We are disappointed by the activities of a
small number of traders, but we will push through and continue to
focus on the fundamentals of running this company. Our first line
of defense will be from growing our revenue base from sales; that's
how the markets will see Greenway's real value
potential."
Greenway markets their pre-cool technology under the trademark
"Cool-n-Save." Field studies show that Cool-n-Save evaporative
pre-cooling systems may produce energy cost savings as high as 30%,
with an average savings of about 26% from air conditioning use
during peak heat seasons. The company also received a "green
engineering" award from TechAmerica/Harvey
Mudd College in 2011. For more information, call
714-892-0011 or visit www.coolnsave.com and
www.greenwaydesigns.com.
FORWARD-LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS."
FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS,
OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS,
PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE,
UNDERLYING (EXPRESSED OR IMPLIED) ASSUMPTIONS AND OTHER STATEMENTS
THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING
STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT
SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY
DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN
LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE
NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR
COMPARATIVELY LIMITED FINANCIAL AND MANAGERIAL RESOURCES, OUR
INABILITY TO MARKET AND SELL OUR LIMITED PRODUCT LINE IN SUFFICIENT
VOLUMES THAT MAY ALLOW US TO ACHIEVE AND MAINTAIN PROFITABILITY AND
POSITIVE CASH FLOW, THE UNCERTAINTY OF MARKET TRENDS, THE INTENSE
COMPETITION FACED FROM OTHER CURRENT AND FUTURE TECHNOLOGIES AND
THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER
RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE
FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING
STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH
STATEMENTS.
SOURCE Greenway Design Group, Inc.
