Ilios Dynamics Signs Distribution Agreement with Aloha Energy Group
WALTHAM, Mass., July 23, 2012 /PRNewswire/ — Ilios Dynamics, a majority owned subsidiary of Tecogen, today announced that it has signed a distribution agreement for the Ilios High Efficiency Water Heater with Hawaii-based Aloha Energy Group, LLC.
Aloha Energy Group focuses on energy efficiency products and services. Its customers are commercial, industrial, and municipal building owners, electric utility companies, and contractors (mechanical, electrical, and energy conservation).
“Reducing energy costs and improving the environment are compatible goals,” said Richard Costello, partner, Aloha Energy Group. “The Ilios High Efficiency Water Heater is a product we are excited about because it offers customers a chance to save on heating costs through efficiency while reducing their carbon footprint.”
“We are happy to welcome Aloha Energy Group into our growing family of distributors,” said Martin McDonough, chief operating officer, Ilios Dynamics. “Hawaii is an ideal location for the Ilios High Efficiency Water Heater given the region’s high ambient temperatures, need to conserve energy, and increased focus on long-term sustainability. Not only does this product save money, it has ultra low emissions with near zero criteria pollutants.”
The Ilios High Efficiency Water Heater is an alternative to conventional water heating systems. Ideal for locations with a gas demand of at least 4000 therms/month, such as swimming pools, hotels, schools, colleges, hospitals, apartment buildings & recreation centers, the system provides a heating capacity of 500,000 Btu/hour. Ilios is designed to boost heating efficiency, save money, and reduce impact on the environment.
About Aloha Energy Group
Aloha Energy Group identifies and evaluates energy efficiency projects, and helps secure financing and incentives for both energy efficiency and self-generation solutions. It tailors solutions to achieve enduring cost savings, improve operational environments, and enhance occupant comfort and productivity.
Ilios Dynamics, a subsidiary of Tecogen Inc., was formed in April 2009 to develop and distribute a line of ultra high-efficiency heating products for commercial and industrial applications utilizing advanced thermodynamic principles. Products incorporate mechanical work to extract heat from the environment to supplement chemical energy available from natural gas. The result is a significant boost in efficiency and reduced carbon emissions relative to conventional heating systems. For more information, please visit www.iliosdynamics.com.
Melinda Furse, Tecogen Inc.
Pat Arcand, Arcand & Madison PR
Aloha Energy Group
P: 808 936 0081
Tecogen Investor Contact Information:
John N. Hatsopoulos
SOURCE Ilios Dynamics