Business Services Industry

Corporate Profile for DeMarco Energy Systems of America Inc., dated Oct. 1, 1999

Business Wire, Oct 1, 1999

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.

Published Date:   Oct. 1, 1999

Company Name:     DeMarco Energy Systems of America Inc.

Address:          P.O. Box 201057
                  Austin, Texas 78720

Main Telephone
 Number:          512/335-1494

Internet Home
 Page Address
  (URL):          www.demarcoenergy.com

Chief Executive
 Officer:         Victor DeMarco

Chief Financial
 Officer:         Peter Des Camps

Investor Relations
 Contact:         Stacy Kelcher
 E-mail address:  investorrelations@demarcoenergy.com

Industry:         Energy

Trading Symbol/
 Exchange:        DMES/Nasdaq

Market Makers: Hill Thompson, Alpine Securities, Sharpe Capital,
               Paragon Securities, Wien Securities, GVR Company

Company description: DeMarco Energy is an energy services company (ESCO), providing comprehensive energy solutions to commercial and residential customers. DeMarco's two primary sales commodities are energy-efficient heating/cooling and lighting systems. Revenue forecasts indicate $200 million in five years.

Heating and cooling represents approx. 30-35% of a commercial facilities energy consumption, where lighting is 35-40%. DeMarco owns the patent rights to the Energy Miser, the world's most efficient geothermal heating/cooling system. The system conditions air for a 3000-sq.-ft. home costing approx. $600/yr. Lighting system upgrades reduce energy consumption an average of 50%, where the Energy Miser heating/cooling system can reduce energy consumption up to 70%.

DeMarco is positioned in an explosive energy market. The heating and cooling industry generated $30 billion for 1998, where the water source heat pump market produced $200 million in sales. The future of this industry is stable, and forecasts indicate it to continue growing 150% faster than new construction. The lighting industry is identified by fixtures to be retrofitted, where current estimates indicate 2.5 billion nationwide are targeted for retrofit. The market is assessed to produce more than $30 billion in revenues, where only 2.8% have been retrofitted.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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