EnerDynamic Hybrid Technologies to Supply Enertec System to Georgian Bay Biomed's Medical Marijuana Growing Facility

Montag, 06.02.2017 15:05 von DGAP - Aufrufe: 77

DGAP-News: Enerdynamic Hybrid Technologies Corp. / Key word(s): Miscellaneous EnerDynamic Hybrid Technologies to Supply Enertec System to Georgian Bay Biomed's Medical Marijuana Growing Facility 06.02.2017 / 15:01 The issuer is solely responsible for the content of this announcement.


Toronto, Ontario--(Newsfile Corp. - February 6, 2017) - Enerdynamic Hybrid Technologies Corp. (TSXV: EHT) ('EHT' or the 'Company') today is pleased to announce that it has signed a Letter of Intent with Georgian Bay BioMed ('GBB') to supply EHT's Enertec Modular Wall and Roof System to GBB's planned sophisticated medical marijuana growing facility.

GBB is in the process of constructing a 120,000 square foot purpose-built, pharmaceutical-grade marijuana production facility in Collingwood, Ontario. EHT in collaboration with GBB has now completed the advanced design of the facility. The Enertec Modular Wall System will be manufactured at the GBB's facility and will dramatically enhance the climate control systems and reduce operational costs through enhanced energy efficiency for medical/commercial growing within the GBB facility. Construction is expected to commence this summer.

While addressing the challenges presented by the growing environment expected within the GBB facility, enhancements to the Enertec product now represent potential advancements to the intellectual property components of the product. EHT will use this new panel connection and sealing system, known as 'The Weed Wall' for all interior walls of the growing and processing rooms. Additionally, EHT will construct up to a 3Mw Solar energy facility to offset the power requirements of the facility.

Mr. John Gamble, CEO of EHT said: 'EHT's composite walls and solar roofs are the perfect fit for growing marijuana in an environment that needs to meet rigid specifications from a health and safety perspective.'

Mr. Tim Boosamra, President of GBB said: 'We are very pleased to be working with EHT, their products are the best we have seen in the industry and I am confident they will become the industry standard in the future.' He further commented that 'building a world class facility means ensuring a clean, safe environment for our people and managing our social responsibility through renewable energy while minimizing our operational costs. I believe we have addressed all three of these important considerations today'.

The Company's advanced Enertec Modular Wall and Roof System, which can be constructed in panels up to 40 feet in length or four times that of conventional walls, is well suited to large growing facilities where it is important to reduce the risk of cross contamination and eliminate areas where mold and bacteria may develop. This ability greatly enhances the quality controls which is critical to the manufacturing of the safest and highest quality marijuana products in a regulated and legalized consumer market.

The EHT advanced Enertec Modular Wall and Roof System uses a proprietary skin and foam core that is stronger and more energy efficient than traditional wood or steel structures providing the highest ratings for energy efficiency. EHT works with its partners worldwide to erect the buildings on-site utilizing EHT staff and local crews. After installation, each structure can be furnished and finished to meet the customer's requirements including siding, tile, kitchens and bathrooms or segregated commercial rooms. The finished wall product can be shipped on pallets and delivered via rail, truck or water in standard formats.

At the core of the Enertec product line is the Enertec Embedded Solar Roof Module. Solar cells can be embedded in a proprietary fire proof skin resulting in substantial cost savings by eliminating heavy glass panels and aluminum racking required for traditional solar panels. Two barriers to greater adoption of solar energy are weight limitations of the roof on which solar panels could be deployed and onerous shipping and labour costs. A lighter product at a better price point will open a larger market for solar due to the faster return of capital investment especially for rural and remote users looking to go off-grid. Furthermore, the entire EHT embedded solar roof becomes a massive solar panel capable of producing significantly more energy than the home requires, allowing the structure to then become an important source of power for the local micro grid or large battery storage systems.

About EnerDynamic Hybrid Technologies

EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. Most energy products and solutions can be implemented immediately wherever they are needed. EHT stands above its competitors by combining a full suite of solar PV, wind and battery storage solutions, which can deliver energy 24 hours per day in both small-scale and large-scale format. In addition to traditional support to established electrical networks, EHT excels where no electrical grid exists. The organization supplies advanced solutions for various industries in combination with energy saving and energy generation solutions.[image: http://orders.newsfilecorp.com/files/1610/G-JOB-ID_a1486353832751_66.jpg] EHT's expertise includes the development of module structures with full integration of smart energy solutions. These are processed through EHT's production technologies into attractive applications: modular homes, cold storage facilities, schools, residential and commercial out buildings and emergency/temporary shelters.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements herein that are not historical facts are forward-looking statements. Forward-looking information involves risk, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although EHT believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. EHT disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:

John Gamble Director (289) 488-1699 jgamble@ehthybrid.com info@ehthybrid.com Company Website: www.ehthybrid.com

Click on, or paste the following link into your web browser, to view the associated documents

http://www.newsfilecorp.com/release/24934

News Source: Newsfile


06.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Language: English
Company: Enerdynamic Hybrid Technologies Corp.
Canada
ISIN: CA29272D1015
 
End of News DGAP News Service

542111  06.02.2017 

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