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AttuneRTD to Deliver BrioWave Smart Energy Controllers
PALM SPRINGS, CA, Mar 21, 2013 (MARKETWIRE via COMTEX) --
AttuneRTD ("Attune" or "the Company") (OTCQB: AURT), a leader in the
design and development of proprietary energy management systems that
eliminate inefficiencies and curtail excess energy consumption, today
announced the initial delivery of 20 BrioWave(R) Smart Energy
Management Controllers to Desert Electric Supply under an exclusive
agreement.
To maintain the exclusive agreement, Desert Electric Supply is
required to purchase a minimum of 250 BrioWave units annually for an
initial period of two years. Further, Attune will be the only
supplier of energy management systems that Desert will carry for that
period.
Established in 1972 with four locations, Desert Electric is a
substantial presence in the retail and commercial electrical supply
sector in the Coachella Valley, including Palm Springs, Rancho Mirage
and customers in the High Desert including Yucca Valley and the
TwentyNine Palms Marine Base. Desert Electric's reputation for
quality service along with a network of electricians and experienced
sales and support staff represent a strong local partner for Attune's
BrioWave products.
"The Coachella Valley is expected to have a population of more than
600,000 by 2020," said Shawn Davis, Chief Executive Officer of
Attune. "With an extremely heavy concentration of permanent pools and
HVAC units, the area is a natural for Attune's BrioWave energy
management technology. The exclusive relationship with Desert
Electric will provide a seamless customer purchase and installation
experience coupled with exceptional ongoing service and support."
Eighty-five million homes in the US have installed heating and
cooling units. Sixteen million have pools and hot tubs. Pro-active
management of energy consumption, as opposed to relying on built in
efficiencies ensures maximum performance at the lowest possible cost.
This problem is not confined to the U.S. Generators worldwide are
grappling with the increasing growth of consumption that outpaces the
ability to deliver reliable energy at reasonable cost. The solution
is our unique capability to gain energy efficiency through
management; an unparalleled approach to the worldwide problem of
growing consumption.
While Attune has identified this large market for the initial
deployment of its technology, there are several other energy
efficiency applications to be addressed, including solar panel arrays
and the growing home charging of automobiles. Our technology has
shown that it can save consumers up to 60% annually as well as
realizing payback in as little as 12 months. It can also be easily
monitored and configured online from anywhere in the world through
our Global User Interface.
Management has opened several retail and commercial sales and
marketing discussions. The Company is confident it will deliver
significant and ongoing revenue growth through direct and installer
sales as well as potential joint ventures with major state utility
companies.
About AttuneRTD
California-based AttuneRTD is bringing to market a
series of smart products that, by themselves, are designed to create
outstanding value for consumers, resellers and utilities by
optimizing existing energy management technologies while also
maximizing synergies between such technologies to further increase
value. The Company's BrioWave intelligent pool systems controllers,
designed to keep pools running at their best and most efficient, are
capable of saving as much as 60% of typical energy costs.
Forward-Looking Statements
This press release may contain
forward-looking statements, including information about management's
view of Attune's future expectations, plans and prospects. Statements
made in this news release, are forward-looking statements, which
involve known and unknown risks, uncertainties and other factors,
which may cause the results of Attune to be materially different than
those expressed or implied in such statements. These risk factors and
others are included from time to time in documents SFI files with the
Securities and Exchange Commission, including but not limited to, its
Form 10-Ks, Form 10-Qs and Form 8-Ks. Attune cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these statements.
Finally, Attune undertakes no obligation to update these statements
after the date of this release, except as required by law, and also
takes no obligation to update or correct information prepared by
third parties that are not paid for by Attune.
Company Contact
AttuneRTD
Thomas Bianco
CFO
760.406.1146
Email Contact
Financial Communications Contact
Anubis Partners, LLC
Michael Briola
Senior Partner
972.646.3400
Email Contact
SOURCE: AttuneRTD
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