Grid Cloud Solutions Inc (PINKSHEETS: GRDC) announced it has secured its first sales of tankless water heater systems for a new housing development in Ontario, marking a significant milestone for the company's new Energy Conservation Leasing Program.
Launching the program in March 2011, the company targets the sale of energy saving equipment to home builders and home owners, offering lease financing options through a third party.Grid Cloud Solutions Inc offers comprehensive design, development and management services to the Biomass, Solar Thermal & PV and Wind energy industry. The Company brings decades of energy consulting experience to the marketplace. Management's approach is aimed at rapid growth through partnerships, mergers and acquisitions using the principals' connectivity and experience in the marketplace.Mr. Danny Wong, CEO of GRDC, said, "Consumers are keen to engage in energy conservation opportunities when adequate paybacks justify their investments. While this helps reduce their energy costs, the energy savings also contributes to R-2000 standards which may provide the home owner access to reduced mortgage rates, extended amortization periods and discounts on CMHC insurance fees, as examples. In addition our leasing program gives homeowners the ability to engage in energy conservation while keeping their monthly payments low. This new market trend offers tremendous growth opportunities to the company as the cost of energy continues to increases and consumers worry about the bottom line."For more information please visit: www.gridcs.comMajor Canadian banks that offer preferential mortgage rates to homeowners who implement energy-saving measures can be found at http://www.canada.com/Going green/5090814/story.html .Investor Relations Contact: Tel. 1 954 707-3043 Email: Email Contact
Investor Relations Contact: Tel. 1 954 707-3043 Email: Email Contact
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