Geoexchange Technology Manufacturer Essential Innovations Announces Revolutionary Patent-Pending "Communication & Controls" Tech
07 Octubre 2008 - 8:30AM
Marketwired
Essential Innovations Technology Corp. (OTCBB: ESIV)(FRANKFURT:
E6S) is excited to announce that it has designed a patent-pending
multiple platform communication and controls technology for
geothermal and water source heat pumps. Once commercialized this
technology is to be integrated and utilized within the entire line
of product manufactured by Essential Innovations and will
additionally be capable of working seamlessly with any/all
geothermal and/or water source heat pumps available in the market
today, regardless of the product manufacturer. It is hoped that
this ESIV technology, having been in R & D since early 2007,
can be available for the commercial market by early 2010.
"The potential implications to be seen from the integration of
our "ORB" controls package to our ESIV geothermal and water source
heat pumps, along with the possible usage of the "ORB" throughout
the entire geothermal and water source heat pump industry are
monumental," stated Dave Speers, V.P. Systems Integration for the
Company. "Not only will these next generation controls provide all
of the same functionality as our current proprietary controller in
regards to heat pump monitoring and optimization, but it will offer
a newly applied "open communication platform" as the technology
foundation going forward. The "ORB" controls will provide
communication using industry standard networking protocols, such as
"WiFi" or "Ethernet". These unique features will present a user
with the ability to control and monitor a system through the use of
existing everyday external devices, such as a computer, without the
requirement for any proprietary hardware/software. Of further
significance, a key objective of our commercialization schedule is
to incorporate the communication standard, 'Bluetooth' following
the "ORB" being released to the market in early 2010. As we now
move towards the full commercialization of this technological
advancement, it is widely felt that the implementation of this
technology may change the way that geothermal and water source heat
pump products and services are offered and applied."
Declared Jason McDiarmid, President/CEO, "Upon
commercialization, this new technology will broaden our product
marketability as we will be in a position to offer developers and
large utility providers unique, remote management tools that relate
to the maintenance and operation of geothermal utility systems.
These proprietary tools will be able to govern aspects of overall
system execution and integrity, and allow for the continual
monitoring of on-site energy sales & costing procedures, while
further providing the benefit of emissions reductions analysis that
can provide for a calculable and resalable accumulation of
associated offset credits. From the perspective of a typical
homeowner, the controls will make geothermal and water source heat
pumps truly user-friendly by giving the end-user the wherewithal to
operate and monitor their individual homes simply through the use
of their home computer, and in future with the potential for PDA
accessibility. From a corporate perspective, it will furnish ESIV
with considerable advantages when looking to establish working
relationships with strategic alliance partners by offering their
complementary renewable energy technologies the benefits of easy
integration and control."
ESIV offers "Turn-key Geoexchange Solutions" which provide
heating, cooling and hot water supply to residential, commercial,
and/or institutional projects with significantly lower operating
costs and reduced environmental impact. The organization operates
as a heat pump manufacturer, a design-consulting company and a
Geoexchange Energy Service Company (ESCO). The Company was
incorporated in April 2001, and it has four wholly owned
subsidiaries located in British Columbia, Canada and in Hong Kong,
SAR, China. Geoexchange technology harnesses the earth's clean,
renewable thermal energy stored just below the surface or in large
bodies of water for purposes of heating, cooling, domestic hot
water and/or dehumidification. A Geoexchange system is used to
"exchange" the earth's natural heating and cooling properties
between a building and the ground. This non-combustion transfer of
energy is the source of performance and environmental superiority,
as Geoexchange systems need only a small amount of electrical
energy to then capture, move and concentrate a large amount of free
energy provided by the earth.
Forward-Looking Statements: This new release contains statements
about the future, sometimes referred to as "forward-looking"
statements. Forward-looking statements are typically identified by
the use of the words "believe", "may", "could", "should", "expect",
"anticipate", "estimate", "project", "propose", "plan", "intend",
and similar words and expressions. Statements that describe our
future strategic plans, goals, or objectives are also
forward-looking statements. We intend the forward-looking
statements to be covered by the safe harbor provisions for
forward-looking statements contained in Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934.
Contacts: Essential Innovations Technology Corp. Jason McDiarmid
President & CEO (360) 392-3902 (360) 733-3941 (FAX) Email:
jmcdiarmid@eitechcorp.com Website: www.eitechcorp.com
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