GreenHouse Holdings, Inc. and ten tequila distilleries, members of the largest and most profitable export industry in Mexico, announced that they are becoming more energy efficient and environmentally sustainable as mandated by recently enacted regulations. The distilleries have entered into agreements with GreenHouse Soluciones, a wholly-owned subsidiary of Southern California-based Greenhouse , a leading provider of energy efficiency and sustainable infrastructure. The agreements are expected to generate over $8 million in revenues for GreenHouse in 2011.
GreenHouse will remove approximately 600 tons of solid agave waste per day from its initial ten Tequila customers, which represents approximately 33% of the total agave waste from the area. The Company estimates it will receive approximately $1.7 million annually in revenues based on the initial ten customers. In addition, GreenHouse plans to convert the waste to compost and sell fertilizer to local farmers which can in turn be used to protect the soil of the region. The company estimates they will be able to produce approximately 120,000 tons of compost fertilizer per year, which equates to approximately $6.5 million in additional revenues for GreenHouse.
For every liter of Tequila produced, ten liters of liquid waste known as Vinassa and 5-6 kilograms of solid waste fibers known as Bagasse is also generated. In 2009 alone, 249 million liters of Tequila were produced along with 1.245 million tons of fiber waste. Small and mid-sized Tequilerias make up approximately 50% of all Tequila produced in Mexico, and often don't have access to the resources needed to properly dispose of their waste as is required by local laws. As a result, much of the waste is dumped into local streams and city dumps, creating a host of environmental hazards and health concerns, and the contamination of Mexico's water supply.
"We are working with the environmental agencies in Mexico who monitor how waste is treated so that the smaller Tequila producers can properly compost and/or dispose of their waste," commented Alex Viecco, Director of Operations for Greenhouse Soluciones. "These tequila companies came to us for a solution to the waste problem and we will work with them on managing these issues so that they can be environmentally efficient while maximizing their revenue."
"Within the Tequila industry, there are significant opportunities to boost the local economy through job development and the improvement of the environment while increasing the quality of the Tequila," said Congressman Gustavo Macias Zambrano. "I encourage the collaboration between GreenHouse and these agencies to develop a long-term, sustainable plan for the region."
With the potential capacity of accepting as much as 2,100 tons daily of solid waste per day, GreenHouse Soluciones will be making a large contribution to improve the problems facing the industry and hence improving the local and global ecology.
About GreenHouse Holdings, Inc.
GreenHouse Holdings, Inc. is a leading provider of energy efficiency solutions and sustainable infrastructure products. GreenHouse designs, engineers and installs disparate products and technologies with visible return on investment, enabling our clients to reduce their energy costs. GreenHouse's target markets for its energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, GreenHouse develops designs and constructs rapidly deployable, sustainable infrastructure primarily for use in disaster relief and security in austere regions. Visit the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.
To learn more about GRHU visit: http://www.greenhouseintl.com
Dot Hill Systems Corp. (Nasdaq:HILL) a leading provider of unified virtual storage and SAN storage solutions, announced it is scheduled to release fourth quarter 2010 financial results after the close of the market on March 3, 2011. Dot Hill's fourth quarter 2010 financial results conference call is scheduled to take place on Thursday, March 3, 2011 at 4:30 p.m. ET. Please join us for a live audio webcast at www.dothill.com in the Investor Relations section. If you prefer to join via telephone, please dial (877) 303-3196 (U.S.) or (408) 427-3864 (International) at least five minutes prior to the start of the call. A replay of the webcast is scheduled to be available for one week on the Dot Hill web site following the conference call. For a telephone replay, dial (800) 642-1687(U.S.) or (706) 645-9291 (International) and enter conference ID# 44423830.
Dot Hill Systems Corp. provides entry-level and midrange storage systems and enterprise server software for organizations requiring networked storage and data management solutions in open systems architecture. The company was founded in 1988 and is headquartered in Longmont, Colorado.*****
Hydrogenics Corp. (Nasdaq:HYGS) a leading developer and manufacturer of hydrogen generation and fuel cell products, announced that the Company has received contracts for the delivery of nine electrolyzers to customers in Africa and Asia. The electrolyzers and associated services will be utilized by food processing facilities and thermal power plants, with delivery expected over the next six to nine months.
Hydrogenics Corporation, together with its subsidiaries, designs, develops, and manufactures hydrogen generation products based on water electrolysis technology and fuel cell products based on proton exchange membrane technology in Canada and internationally.*****
Merge Healthcare Incorporated. (Nasdaq:MRGE) a global corporation dedicated to health IT interoperability solutions, announced the scheduling of its fourth quarter 2010 earnings call, which will be held at 4:30 PM ET on Thursday, February 17, 2011. The call will address the fourth quarter and year-end financial results, followed by a business discussion of the company’s market outlook and strategies for 2011. Fourth quarter earnings results for Merge will be published prior to the earnings call. Investors can listen to the conference call live via telephone by dialing 800.221.2015 (US and Canada) or 706.634.2159 (International), and referencing Conference ID Number 42657544. Alternatively, the call can be accessed over the Internet at Merge Healthcare Web Cast. A replay via the Internet or telephone will be available shortly after the call at http://www.merge.com/investor/conferencecall.asp.
Merge Healthcare Incorporated develops healthcare information software solutions that automate healthcare data and diagnostic workflow, as well as delivers related services in the United States and internationally.
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