Guest guest Posted January 12, 2001 Report Share Posted January 12, 2001 Friday January 12, 6:01 am Eastern Time Press Release Airtech Provides Building Owners No Cost Solution to `Sick Building Syndrome' DALLAS--(BUSINESS WIRE)--Jan. 12, 2001--Airtech International Group, Inc. (OTCBB:AIRG - news) an international indoor air quality solutions provider, announced today a nationwide ``Solutions Campaign'' to address the Sick Building Syndrome, through its IAQ Diagnostics Division and its Commercial Building Solutions Division. Airtech has developed a unique program to offer new air purification equipment at no net cost to building owners, while providing improved air quality and reduced legal exposure to IAQ-related complaints or lawsuits. This program is designed to be beneficial to occupants, owners and property managers alike. The pass-through to the tenant will also be offset by savings in total Common Area Maintenance (CAM) costs. This is a win-win opportunity, and one of the most exciting breakthroughs the Company has made. The highlights of the program for Building Owners include; (1) increase in rental rate (2) increase in net operating income on property (3) enhancement to attract new tenants and retain old (4) reduced threat of IAQ related litigation (5) enhanced tenant relations (6) rebates to building owners, tax credits with no capital outlay. The highlights of the program for Tenants include; (1) improved productivity for corporate staff (2) reduction in overall building utility expense (3) availability of designated smoke break rooms in certain buildings (4) after-hour access and operation with purified air quality. The net result is owner and tenant both save money. According to Urban Land Institute and Building Owners Management Association (BOMA), IAQ is the number three concern for tenants in office buildings behind rental rates and temperature. The EPA estimates that 1.4 million commercial buildings in the US have health-threatening air quality. World Health Organization studies show that as much as 30 percent of buildings in the world have a problem with sick building syndrome. Airtech CEO, C.J. Comu, stated, ``We are very excited about this innovative sales program and the potential impact in the commercial real estate market. We are developing a distribution channel with nationally recognized HVAC companies, wholesalers, distributors, dealers and representatives world-wide.'' The lab test results confirm management's belief that entire workplaces suffering from sick building syndrome can now be cleansed of harmful airborne gases and particulates. No other 'in duct' system has the powerful, synergistic effect of our three stage filtration. Management is very bullish on its projection of sales in excess of 10,000 (Model S-30) units in its first year. In a recent test conducted by Southwest Research Institute Inc., (www.swri.com) Laboratory testing of the Company's new Titan III Photocatalytic Sterilization System (Airsopure Model S-30 in-duct unit) the report showed a dramatic reduction of up to 80%-90% of the 40 most dangerous Volatile Organic Compounds and Gases commonly found in a home or office. The Model S-30 incorporates High Efficiency MERV-11 Filtration, Germicidal UV Technology and Photo Catalytic Oxidation to cleanse and sterilize the air without compromising (in fact increasing) HVAC efficiency. Dallas, Texas based, M. B. Kiser, Inc., a 55 year old r HVAC dealer, Chief Engineer, stated, ``This program is one of the best I have seen anywhere. Airtech's ability to assist with IAQ solutions, while understanding HVAC contractor needs and concerns, will enable us to expand our sources of revenue while adding to the scope of building services. The TITAN-III Airsopure Model S-30 Photocatalytic Sterilization system is a fine product, and we intend to include it as an integral part of our company's approach to building services.'' Airtech International Group, Inc. (www.airtechgroup.com), is a publicly traded company under the symbol (OTCBB:AIRG - news). Airsopure, Inc., (www.airsopure.com) is a wholly owned subsidiary of Airtech, was founded in 1997, and has a number of franchisees throughout the United States, Canada, South America, Europe, and Asia. Prospective franchisees or distributors may obtain more information by contacting the Company at 972/960-9400, or Fax: 972/960-9395. Investors may obtain more information by contacting Airtech - IR, Stock, of Stock Enterprises, 702/614-0003 or stockenter@.... Forward looking Statements in this document that are not historical fact are ``forward-looking statements'' as that term is defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are based on trends that we anticipate in our industry and our good faith estimate of the effect on these trends of such factors as industry capacity, product demand and product pricing. These statements are also subject to risks of operations to differ materially from those reflected in our forward-looking statements. These risks are described in the Company's Form 10-K, filed September 7, 2000. ---------------------------------------------------------------------------- ---- Contact: Airtech International, Dallas C.J. Comu, 972/960-9400, ext. 111 Quote Link to comment Share on other sites More sharing options...
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