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SUMMERLAND, BC, April 05, 2019 /24-7PressRelease/ -- ElectroMotion Energy Corporation's globally-patented combined cooling heat and power (CCHP) or trigeneration technology replaces conventional heating, cooling and hot water systems with one complete unit. Known as The Revolution, this first-to-market disruptive technology is proven to reduce household energy costs by up to 70%. The Revolution generates electricity as a byproduct during heating cycles; where available excess electricity may be exported to an electric utility for credit. Primarily powered by natural gas, electric grid failures are no longer of concern.
The Revolution is characterized as an Energy as a Service (EaaS) technology whereby a customer's energy portfolio is diversified with ownership of an energy generating asset while achieving efficiency. In contrast, thermal generation results in 64% heat loss alone. As a result, greenhouse gases are reduced in excess of 50% with continued dependence on the energy grid which offers a path to a micro-grid. The Revolution is managed by the Company's 'cloud power' technology which provides for both independent and collaborative operation to 'virtualize' electrical generation and distribution through the natural gas distribution network – at a 3-to-1 energy and cost advantage versus conventional thermal generation, transmission and distribution.
When multiple Revolutions are deployed within a community by a utility, a distributed-generation 'virtual utility' is created which provides revolutionary opportunities and advantages to both the electric and natural gas distribution utilities. The Revolution will ultimately be deployed as a platform to end-users and include multiple recurring revenue streams for the Company. Not including retrofit housing or commercial markets, the total market in Canada and the Unites states is CDN $410 billion per year. Conservative revenue projections are $17 million in year one and in excess of $160 million by year three. A comprehensive financial model is available.
The OCMX™ is pleased to announce the listing of ElectroMotion Energy to its online portal which offers Investors and Advisors the ability to participate in this opportunity.
The OCMX™ has spent considerable time completing its due diligence on ElectroMotion Energy and concluded that there is indeed a tremendous opportunity for Investors and Advisors.
The OCMX™ noted that ElectroMotion Energy exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
Jai Zachary, Founder, Chairman, CEO & President
Accomplished serial entrepreneur, Inventor and Visionary who has founded five companies including three Internet companies (ISP), a SAAS for financial institutions, globally patented energy technology, created & sold intellectual assets and operated companies over a 25-year career.
Frank Meyer, Corporate Business Development
Successful c-level executive, with an impeccable track record of business development, sales, marketing and operations with world leading brands such as Clean Energy Compression and Caterpillar. Commercial experience in over 100 countries includes the energy, alternative energy and transportation industries representing engineered mechanical/electrical components as well as leading edge capital equipment.
Citigroup Private Bank alumni with industrial P&L accountability exceeding $500 million.
ASTM International – Active global voting member of main committee D02 and subcommittee E (diesel and biodiesel fuels), J (Jet Fuels) & 07 (lubricants).
Anita Huber, Controller
Dedicated, enthusiastic financial controller and office administrator with extensive experience and skills in financial management, accounting and government funding reporting and compliance, as well as office procedures, team collaboration, and customer service, with high standards for efficiency, accuracy and integrity, and focus on achievement of organizational objectives.
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