Power Efficiency Corp and Evaporcool Solutions Sign a Strategic Alliance Agreement
Summary
The leading edge Evaporcool® System attaches non-invasively to virtually any air-cooled HVAC unit, and using the principle of evaporative cooling, improves efficiency, reduces peak demand, and lowers maintenance costs.To learn more, visit About Power Efficiency Corporation Power Efficiency Corporation (PEC) is a start-up venture which intends to become a comprehensive one-stop solution to address grid stability problems in the energy market and take advantage of the large and actively growing market opportunity for energy storage and demand management.Contact Information Contact Power Efficiency Corp. Scott Caputo President and COO info@peffcorp.com Greenvale, NY, June 15, 2017 --( PR.com )-- Power Efficiency Corporation (OTC PINK: PEFF) (“PEC” or “the Company”) announced that it has signed a strategic alliance agreement with Evaporcool Solutions, LLC, Memphis, TN, ("Evaporcool") to expand sales of Evaporcool’s proprietary equipment in the Northeast U.S.PEC will have exclusive rights to market, sell, and install Evaporcool’s air-cooled chiller enhancement systems to lower peak energy usage in commercial buildings in New Jersey, New York and the six New England states.The leading edge Evaporcool® System attaches non-invasively to virtually any air-cooled HVAC unit, and using the principle of evaporative cooling, improves efficiency, reduces peak demand, and lowers maintenance costs.We intend to build or own or partner with third parties on energy related projects, partner with existing grid participants to take advantage of demand management programs, enter joint ventures and operate electric energy facilities to develop a portfolio of income producing projects.Forward-Looking StatementsIn addition to historical statements, this press release contains statements relating to future events and our future results.