NEW YORK, NY–(CRWENEWSWIRE)-08/30/11 - GreenHouse Holdings, Inc. (OTC.BB:GRHU.OB) a leading provider of energy efficiency solutions and sustainable infrastructure products, today announced that the establishment of the Army Energy Initiatives Office (EIO) Task Force further confirms the growth potential for past performance government contractors specializing in sustainability and renewable energy projects.
Secretary of the Army John McHugh, on August 10th, announced the creation of the Energy Initiatives Office, which will work with the private sector to help centrally plan and deploy renewable energy projects on Army lands. The goal of the estimated $7.1 billion dollar initiative is for 25% of the Army’s energy use to come from renewable sources by the year 2025, much of which they believe can be produced utilizing 5 of the 15 million acres of U.S. land the Army currently owns.
“This is a very aggressive goal, but one we also believe is attainable,” said Rob Davis, Vice President of Energy Services for GreenHouse. “The Army is facing a daunting task, determining the feasibility of multiple renewable energy technologies based on the myriad of variables that 5 million acres of diverse land will present. As a past performance government contractor GreenHouse is positioned to provide considerable support in that effort.”
“Here’s the bottom line, independence from oil saves American lives,” said Ken Robinson, GreenHouse founder and 2004 inductee of the National Military Intelligence Hall of Fame. “We know that last year for every 24 fuel convoys a civilian or soldier was killed. From there it’s just simple math, the fewer the convoys the more soldiers come home. The EIO is an important first step in a paradigm shift that will strengthen our national security and protect the lives of our men and women in uniform.”
About GreenHouse Holdings, Inc.
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company’s current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by GreenHouse Holdings, Inc. are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
Source: GreenHouse Holdings, Inc.
Contact:
GreenHouse Holdings, Inc.
Investor Relations
Alliance Advisors, LLC
Bryan Kobel
Email Contact
Chris Camarra
Email Contact
212-398-3487
Media Relations
Rubenstein Public Relations
Michelle Manoff
212-843-8051
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