Business & Finance
Business and Finance
Business and Finance
Fri, June 26, 2009
Thu, June 25, 2009 Axis Technologies Group, Inc.: Energy Efficiency Consultant and Implementer, American Carrera Tech, Seeing Increase in Energy A
LINCOLN, NE--(Marketwire - June 25, 2009) - Axis Technologies Group, Inc. (
American Carrera Tech CEO, Elliot Isban, said, "We have used other daylight harvesting ballasts in the past, but Axis' new product is far superior and much easier to implement into our projects because of its unique design. The previous systems did not monitor local conditions per luminare, so virtually most center core buildings with small offices were not easily retrofitted. Also, as you move farther away from the window, tuning the system became impossible. Axis Technologies' daylight harvesting ballasts solves these issues. American Carrera has included 10,200 Axis ballasts in energy audit projects recently proposed."
Mr. Isban continued, "Since we also integrate renewable energy systems such as photovoltaic solar systems, the Daylight Harvesting application goes hand in hand with solar energy production by minimizing demand during peak load times. Peak load demand most often correlates with hot and sunny days when air conditioning use soars. The value of both solar energy and daylight harvesting becomes obvious to both clients and utilities during peak load demand. The project becomes more cost effective to the client and therefore allows for a quicker return on investment. Since we are responsible for the performance of the energy saving measures installed, it is extremely important to use equipment with the proven reliability of Axis' products. And the inherent cost effectiveness of Axis's daylight harvesting solution over its competitors is a necessary attribute for our energy efficiency projects. We look forward to working very closely with Axis as we integrate their proprietary daylight harvesting solution into our future proposed projects."
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About American Carrera Tech ([ www.americancarreratech.com ])
American Carrera Tech (ACT) and its renewable energy division American Solar & alternative Power (ASAP) provides clients with a comprehensive energy audit through a thorough survey of the clients' facilities, including existing equipment, usage patterns, and utility rates. American Carrera offers a complete energy efficient solution including managing the implementation from start to finish to ensure quality control and consistency. ACT also works closely with the utility or State agency to ensure clients get the biggest rebate possible in the shortest time by filing all analysis and paperwork and performing all monitoring and verification of energy savings required for receipt of the final rebate. American Carrera and (ASAP), also offers financing options that enables clients to move ahead with the project with no up-front costs including performance contracting, Light lease, and Power Purchase Agreement. Projects are designed to provide positive cash flow from the first month after implementation. American Carrera guarantees the equipment installed and the energy savings projected by American Carrera and the utility or State agency validation
About Axis Technologies, Inc. ([ www.axistechnologyinc.com ])
Axis Technologies Group, Inc., through its wholly owned subsidiary, Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska designs, manufactures and markets a proprietary line of energy- saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the standard ballast into a dynamic energy saving system that can reduce lighting energy costs by up to 70%. The Axis Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture and then dims or increases lighting in conjunction with the amount of available sunlight. The Axis Ballast avoids "over-lit" conditions that increase energy costs by harvesting and utilizing free daylight from windows or skylights. As the amount of available daylight fluctuates, the Axis Ballast automatically keeps lighting "tuned" to the desired level in a designated area. Underwriters Laboratory (UL) has approved Axis products for sale in both the United States and Canada. The Axis Dimming/Daylight Harvesting (DDH) ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast. Numerous utilities have included the Axis ballast in their rebate programs offered to their commercial and government customers.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
