February 13 , 2007
Southern California Edison Company and Matrix Energy Services, Inc. Launch Escalator Power Efficiency Motor Efficiency Controller Program to Provide Free Energy Saving Controllers
Sacramento, California, February 13, 2007 - Matrix Energy Services, Inc. (Matrix ESI) is working with Southern California Edison Company (SCE) to implement the Escalator Power Efficiency Motor Efficiency Controller Program in 2007, under SCE’s Innovative Design for Energy Efficiency (InDEE) Programs. InDEE programs provide assistance for the commercialization of promising new technologies and technology delivery approaches, and provide the opportunity to mainstream them into SCE’s overall portfolio of proven, successful and reliable energy efficiency programs.
Through the Escalator Power Efficiency Motor Efficiency Controller Program, Matrix ESI will facilitate the installation of the Power Efficiency Motor Efficiency Controller controller on commercial escalators in SCE’s territory. The Power Efficiency Motor Efficiency Controller controller is a promising technology that reduces the escalator’s energy consumption without stopping or reducing the speed of the escalator. Through this program, Matrix ESI will provide free controller units on a first-come-first-serve basis to commercial establishments willing to participate in the program and fund the installation. Matrix ESI intends to work with escalator service companies to market this program to operators of commercial establishments in SCE’s territory.
For additional information on the Escalator Power Efficiency Motor Efficiency Controller program, contact Taghi Alereza of Matrix ESI Power Efficiency Motor Efficiency Controller is a trademark of PowerEfficiency Corporation.
About Southern California Edison
An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation’s largest electric utilities, with 4.7million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California.
About Matrix Energy Services, Inc. (Matrix ESI)
Matrix Energy Services, Inc. (Matrix ESI) is a professional services corporation providing research and consulting services in applied energy engineering and economics to utilities nationwide. The services Matrix ESI provides primarily relate to program design and implementation for energy efficiency and demand reduction. . Matrix ESI's headquarters are in Sacramento, California with regional offices in southern California (Los Angeles). From these offices, Matrix ESI’s staff conducts energy-related studies and projects for a variety of utility companies, government agencies and other clients.
About Power Efficiency Corporation
Power Efficiency Corporation (OTCBB: PEFF) develops and markets advanced energy saving technologies for electric motors, including the Power Efficiency Motor Efficiency Controller. The Company’s first product is an energy saving soft start. The product gradually brings an electric motor from rest to full speed. Once at full speed, the Company’s patented technology works like cruise control for a car; it delivers the motor just enough electricity to maintain a constant operating speed, whether the motor is heavily or lightly loaded. The technology saves energy on motors found in applications such as escalators, elevators, grinders, granulators, mixers, saw mills and more. Energy savings from these controllers are typically 20-40%. The controllers also reduce the operating heat of the motor, producing significant motor life extension and downtime reduction benefits. Power Efficiency’s products are CE Marked and CSA certified. The Company is also developing products to reduce the amount of electricity used by appliances and light commercial equipment. For more information visit www.powerefficiency.com
CONTACT:
For Matrix Energy Services, Inc.
Taghi Alereza
phone: 916-363-9283 ext 237
fax: 916-363-1788
taghi(at)matrixescorp.com
For Power Efficiency Corporation
Investor Relations:
B.J. Lackland, 702-697-0377
Chief Financial Officer
blackland(at)powerefficiency.com
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CPUC-Required Disclosure Statement
This program is funded by California utility ratepayers and administered by Southern California Edison Company under the auspices of the California Public Utilities Commission, through a contract awarded to [EE Vendor name]. California customers who choose to participate in this program are not obligated to purchase any additional services offered by the contractor. The trademarks used herein are the property of their respective owners.
Este programa es financiado por los usuarios de las compañías de servicios públicos de California y es administrado por Southern California Edison Company bajo los auspicios de la Comisión de Servicios Públicos de California mediante un contrato con [nombre del vendedor de EE]. Los contribuyentes de California que decidan participar en este programa no están obligados a comprar ningún servicio adicional ofrecido por el contratista. Las marcas registradas usadas aquí son propiedad de sus dueños respectivos.
