Monday, August 23, 2010

Sales heating up for Earth to Air - Puget Sound Business Journal (Seattle):

http://www.zhratva.ru/pozdrdr.php
Formed in 2002, Earth to Air Systems develops heatinh and cooling systems based on a technology knowm as direct exchange called DX inthe industry. The company’s applicationzs have been shown to reduce heating and cooling costds by 50 percent to 80 CEO RandyWiggs says. Earth to Air’s system bypassesw the more conventional geothermal heating andcoolin model. Instead of using water as a source, the technologyu skips a step and controls heating and temperaturees directly from the earth withcopperd tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped througythe tubes.
Earth to Air’s revenue comes from licensinh fees collected from heating and cooling companiez who decide to market and install the Earth to Air got its first internationakl distributor two years ago when Australian entrepreneu John Gagliardi embracedthe technology. He says he’z secured more than $30 million in including contracts withschool systems, mining camps, housing projects and major corporations, such as BP. “Wes are moving into significant Galiardi says, adding that he’sw planning on expanding into the Southeast Asiah market soon. Galiardi predicts that Eartyh to Air willbecome “a billionb dollar business or more.
” Sales in the firstt quarter were up 60 percengt from the same time last “We’re living in an time when there’s a huge demanfd (for products) to reduce our dependence on foreign oil,” Gagliardi “Twenty years ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potential is There are multiple installations of Eartbhto Air’s geothermal systen in the United States, but the company is just now settingf up a formal distributor network, says Clayton Washburn, chievf operations officer at Earth to Air. “Our biggest struggle is having to say noat times,” Washburnm says.
“We’re preparing for a much biggedr onslaught.”

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