Novacab International Inc Announces Contract With Molson - Coors Brewing Company
January 08 2014 - 4:55PM
Marketwired
Novacab International Inc Announces Contract With Molson - Coors
Brewing Company
SHERBROOKE, QC--(Marketwired - Jan 8, 2014) - Novacab
International Inc (OTC Pink: NVOB) is most pleased to announce
the first of many projects for Molson - Coors Brewing Company
commencing with their plant in Montreal. This initial installation
is expected to generate revenues of $300,000 while the installation
in the Vancouver plant shall exceed revenues of $900,000.
Roch Voyer, senior project engineer of Infrastructure and
Utilities at Molson - Coors, states, "We shall engage our joint
venture partner to develop a business process that is more energy
efficient."
The Company shall use its patented Novanergy Technology that
creates industrial high temperature thermal energy storage which
will be integrated into the brewing process.
This process is based on the success of three installations
projects in IBM plants in the past. IBM concludes that it saved a
total of $500,000 per year in electricity costs using the state of
the art Novanergy technology.
Stephane Bilodeau, president of Novacab, states, "We have been
developing this technology for over 6 years with IBM which was one
of our first industrial applications. The installation, and
subsequent use of our system, has exceeded our expectations as well
as the client's."
This project which Novacab designated as Enerstat received an
award as reviewed on the IBM website:
http://www.ibm.com/ibm/environment/news/enerstat_2007.shtml.
More updates are forthcoming.
About Novacab International Inc
Novacab's technologies are based on patent protected research
developed since 1996 and are applicable in two main sectors,
vehicles and buildings. The technology provides for thermal storage
of electricity that is created from the flow of heat. These systems
convert heat into electricity which can be stored for future
use.
Among the companies that are using or are conducting pilot
projects are IBM, L'Oreal, Molson-Coors, CBC, Bedcolab,
BRP,KW1,Soteno,Intercef, Camblt, Cascade Energies, BAE
Systems, Lockheed Martin, TM4, Novabus, Lyonnaise-des-eaux,
Mia-Electric, Enbala and many others
Forward-Looking Statements This news release contains
"forward-looking statements," as that term is defined in Section
27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this press
release that are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future.
Contact: Donna Giroux donna.giroux123@gmail.com
Global Pole Trusion (PK) (USOTC:GPGC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Global Pole Trusion (PK) (USOTC:GPGC)
Historical Stock Chart
From Apr 2023 to Apr 2024
