Syracuse, IN / GlobeNewswire / March 13, 2019 / Znergy, Inc. (OTC: ZNRG) (the ”Company”) a leading provider of new LED lighting and turnkey LED lighting conversions for businesses, is pleased to announce that Anna Maria Community Center selected Znergy to upgrade its location from existing lighting to new energy saving LED.
The conversion process has been completed. and the annual utility cost savings are predicted to be approximately 65% at current utility rates. Reducing energy use is the quickest, safest, most cost-effective way to reduce the emission of greenhouse gases that accompanies the generation of electricity from fossil fuels. The conversion to LED lighting on this project reduces 190,591 kWh of energy use annually and is equivalent to the energy use of 15,952 gallons of gas per year. Additionally, the conversion prevents 312,760 lbs. of CO2 from entering the environment each year.
Znergy Chief Executive Officer, Dave Baker, commented, “I am proud of our team for being recognized as the best of breed LED lighting solutions provider for Anna Maria Community Center. Using our Zero-Down program we were able to provide the LED upgrade with no up-front out of pocket expense.”
Anna Maria Community Center Executive Director, Christopher Culhane, stated, “Znergy did a great job with the project. I cannot say enough good things about their install crew. The lights look great, incredible work.”
About Znergy, Inc.
Znergy, Inc. (OTC: ZNRG) is a provider of energy efficient lighting products, lighting controls, and energy management solutions. Management is executing a growth strategy through developing large regional and national accounts, rolling out sales and installation teams across the United States. Our solutions enable customers to reduce energy consumption, lower maintenance costs and realize environmental benefits. Znergy is headquartered in Syracuse, Indiana. For more information, see our web sites at www.znergyworld.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties, and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Investor Relations Contact:
Corporate
Rick Mikles
(813) 486-1114
rick.mikles@znergyworld.com
