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WESTLAKE VILLAGE, CA / ACCESSWIRE / August 6, 2019 / Alltemp, Inc. (OTC PINK:LTMP), a manufacturer of proprietary, environmentally friendly refrigerants designed to save on energy costs, announces that its alltemp M refrigerant was tested at Klein Tools and demonstrated an estimated savings of 21% in energy costs over the existing competitor’s refrigerant. Alltemp M replaces R-22(Freon), 404A, 407A and 407C. This version of alltemp refrigerant® used in the Klein Tools test focused on providing savings for HVAC (i.e. Comfort cooling).
The EPA’s ruling for R22 being phased out began decades ago, but the final ban is looming in 2020. This has created a significant opportunity for Alltemp Solutions as its alltemp M refrigerants® are specifically designed to be a replacement for Freon, as well as three other refrigerants. Companies can use alltemp M to replace R22 without the need to purchase new refrigeration equipment, and in nearly all cases, use an alltemp refrigerant® that actually saves in energy use thus paying for itself over time. The typical ROI is within 12 months.
Klein Tools is taking a proactive approach to evaluate refrigerant alternatives that are both safe for the environment and reduce energy usage. Its manufacturing facility in Mansfield, TX was tested, and an order was placed for the entire facility to use in fifteen (15), 20-ton Lennox package units. Other facilities owned by Klein Tools use R-410A. Once Alltemp completes development of its replacement for R-410A, Klein Tools will evaluate data to determine if that product is suitable for its other facilities.
The alltemp® refrigerants are marketed as an “Energy Savings Solution” due to proven savings over use of existing refrigerants, and as a “Green” refrigerant since it carries the lowest Global Warming Potential (GWP) of any non-flammable alternative. Additionally, alltemp refrigerants® are EPA approved, and meet or exceed U.S. and international environmental requirements.
Other Testing and Case Studies:
Alltemp, Inc. has conducted numerous tests through third party testing facilities and direct pilot tests. The data is extraordinary and further substantiates the value to its refrigerants:
About Alltemp, Inc.
Alltemp, Inc. has developed a proprietary refrigerant technology, after years of research and development, called alltemp®, a proven replacement for many worldwide refrigerants that have detrimentally affected the global environment. Alltemp® refrigerants are environmentally friendly, sustainable, and cost-efficient energy solutions for the residential and commercial marketplace. Alltemp refrigerants have broad applications, ranging from Heating Ventilation and Air Conditioning ("HVAC"), to refrigeration and foam insulation, to industrial solvents. Alltemp is the ideal solution for replacement R-134a, R-404a, and HCFC-22, better known as R-22, but which is rapidly being phased out in all developed countries due to environmental concerns over its strong effect on the depletion of the Earth's ozone layer. For further information, please go to alltempsolutions.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"), as well as Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In particular, when used in the proceeding discussion, the words "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements are subject to certain risks and uncertainties that are subject to change at any time, and the Company's actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for and delays in the start of production, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financing, and other risks.
Investor Relations contact:
Alltemp, Inc.
ir@stockcommgroup.com
832-802-8724
SOURCE: Alltemp, Inc.