Efficiency Technologies, Inc. Selects Beta Test Site for Boiler Monitoring System

Investor Relations

Efficiency Technologies, Inc. Selects Beta Test Site for Boiler Monitoring System
8-3-2004

Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (OTC Pink Sheets: ARMM - News), announced that it has selected a beta test site for its supplemental boiler monitoring system. EffTec will provide boiler operators with an online diagnostic tool that will allow them to monitor, manage, evaluate and document their commercial boiler systems.

"Because boilers traditionally operate at lower efficiency ratios than their counterparts, centrifugal chillers, which can result in even greater energy losses, we believe our boiler monitoring system will attain the same type of acceptance as our EFFHVAC product," stated Derrick Shoemake, President of EffTec.

EffTec anticipates that it will introduce its new boiler monitoring system at the World Energy Engineers Conference in Austin, Texas on September 21, 2004, with an anticipated launch date of October 15, 2004. EffTec will provide tickets for free admission to the exhibit hall at the Austin Convention Center.

About Efficiency Technologies, Inc.

Efficiency Technologies, Inc. ("EffTec") has developed a web-based energy management service for centrifugal chillers. The Department of Energy has estimated that chillers waste up to 30% of their cooling energy through inefficiency. EffTec's web-based service provides a diagnostic tool that provides plant managers of centrifugal cooling systems the ability to evaluate, monitor and manage their chiller's performance. Efficient monitoring and treatment can save tens of thousands of dollars per year in energy and maintenance costs.

ARMM is an energy resource-based holding company located in Tulsa, Oklahoma.