2009-11-23 17:05:09 -
Power Efficiency Corporation (OTCBB: PEFF), a clean tech company focused on efficiency technologies for electric motors, was featured in a segment on CNBC’s “Squawk Box” on Monday, November 23 at approximately 8:30 AM EST. The segment was part of a CNBC Special Report titled “People, Planet & Profit: Sustainability at Work” and featured interview clips with Power Efficiency Chairman and
CEO Steven Strasser.
A direct link to the video on the CNBC website is:
www.cnbc.com/id/15840232?video=1339717039&play=1 :
A replay of the broadcast will also be archived on Power Efficiency’s website www.powerefficiency.com :
in the coming days.
About Power Efficiency Corporation
Power Efficiency Corporation is a clean tech company focused on efficiency technologies for electric motors. Power Efficiency is incorporated in Delaware and is headquartered in Las Vegas, Nevada. The Company has developed a patented and patent-pending technology platform, called E-Save Technology, which has been demonstrated in independent testing to improve the efficiency of electric motors by up to 35% in appropriate applications. Electric motors consume over 25% of the electricity in the U.S. and many operate inefficiently. E-Save Technology can be licensed to motor, controls and equipment manufacturers. Power Efficiency’s products, based on E-Save Technology, include an Industrial Motor Efficiency Controller for three phase applications, such as escalators, crushers, granulators, mixers, saws and MG elevators, and a new Appliance Motor Efficiency Controller for small single phase applications such as residential and light commercial appliances. For more information, go to www.powerefficiency.com :
.
For more news and information on Power Efficiency Corporation, please visit www.IRGnews.com/coi/PEFF :
where you can find the CEO’s video, a fact sheet on the company, investor presentations, and more.
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company’s products in the market; the Company’s success in technology and product development; the Company’s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company’s SEC filings, including the financial statements and related information. Power Efficiency assumes no obligation to update the information in this release.
Forward-Looking Statements
Statements contained in this release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements which may be made in this release or which are otherwise made by or on behalf of the Company. Factors which may affect the Company's results include, but are not limited to, product demand, market acceptance, impact of competitive products and prices, product development, completion of an acquisition, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks. Additional factors that could cause or contribute to differences between the Company's actual results and forward-looking statements include but are not limited to, those discussed in the Company's SEC filings.
Power Efficiency CorporationBJ Lackland, CFO, 702-697-0377orThe
Investor Relations GroupJason Strominger (Investor Relations)Michael
Crawford (Investor Relations)Mike Graff (Public Relations)212-825-3210
