Vortex Brands Announces Completion of First Production
System
SACRAMENTO, CA --
November 13, 2019 -- InvestorsHub NewsWire
-- Vortex Brands Co.
(USOTC:
VTXB) announced the completion of the first Phase Angle
Synchronization (PAS) system after receiving funding just two weeks
ago for its production.
"We are evaluating
select locations for viability in concert with Tripac
Systems
to ensure the scale matches the need for this first installation in
the field," said Vortex Brands Co. CEO, Todd
Higley.
"This is
a great opportunity to practice and perfect training and
installation procedures as we prepare to meet expected demand for
this solution."
One of the sites
under consideration was offered as part of an invitation from a
technology vetting organization who receives funding support from
the California Energy Commission and whose program is administered
by prominent California colleges.
An
installation at the recommended facility will be done as a courtesy
gesture to support energy conservation efforts in the State of
California in exchange for the technology evaluation by the
program's engineers and not a part of the planned pilot
program.
"Doing the assembly on
this first system allowed us to learn a few lessons
on
perfecting our
manufacturing and
assembly process,"
said Bob
Widner of Tripac
Systems.
"Additionally,
we
expect to provide a major announcement regarding the manufacture of
the PAS systems for the pilot program prior to the
Thanksgiving holiday."
Higley added,
"In the coming weeks we
will release the anticipated economic and environmental impact from
our pilot program and provide more in-depth
industry
background and history that showcases the solution PAS technology
provides and its timely debut to finally improve electrical
distribution infrastructure."
To learn more about Vortex
Brands Co. and this press release please visit
https://www.smallcapvoice.com/vtxb/. Keep an eye out for upcoming an audio interview
with the team at Vortex Brands Co.
About Vortex Brands Co.
Vortex Brands Co.,
under the dba Vortex Green Energy will provide as a service
multipurpose Phase Angle Synchronization (PAS) equipment to
electric utilities nationwide. PAS is a one-of-a-kind technology
designed to address a one-hundred-year-old inherent problem that
was thought to be unsolvable: the inefficient power consumption
caused by electric motors. Improving consumption efficiency will
extend the life of the grid by protecting it from excessive wear
and damage, improve grid reliability by reducing line congestion
and increasing reserve margin, while creating true cost savings for
the utility at no cost for the equipment. Instead, revenue is
generated under a Share-of-Savings business model wherein the
utility shares the savings with Vortex created by the PAS service
on a monthly basis. PAS is designed to address industrial and
commercial use applications in a scalable solution where
the
majority of wasted electricity
occurs, and the largest opportunity exists. Clients of the utility
benefit from progressing toward carbon footprint reduction goals
without capital expense or investing in any new equipment.
Operations initially are focused in California before expanding
nationwide. For more information visit: http://VortexGreenEnergy.com/video
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Notice
Regarding Forward-Looking Statements in
this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that any beliefs, plans, expectations, and
intentions contained in this press release are reasonable, there
can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate.
Source:
Vortex Brands Co.
info@vortexbrands.us
