Power Efficiency Corp. Announces Opening Of New Technology Center

September 19, 2007 by Jeff Shepard

Power Efficiency Corp. (PEC) recently opened a new technology center in Las Vegas, Nevada to support expanded operations. The new facility will support product development, R & D and provide quality and technical support for the integration of the company’s eSave Technology™ into additional products. The new facility is also expected to provide the critical infrastructure and lab equipment to continue the advancement of the company’s technology and products.

Brian Taylor, Vice President of Product Management at PEC, stated, "As a technology company, we’re always working to attract and retain top talent to develop our products and intellectual property. This new facility, along with an increase in engineering and technical staff, augments our ability to advance our technology and develop products for additional markets. To date we have five full-time engineers working at the new technology center."

Over the last six months PEC has increased its investment in intellectual property and has filed four additional patents on eSave Technology™ and is in the process of filing additional patent protection for energy efficient technology. The company has UL and CSA approval for its new digital product with eSave Technology™ and will be working on CE approval over then next quarter. This will allow the new product lines to be sold in its targeted markets globally.

Steve Strasser, PEC’s Chairman and CEO, stated, "This is an additional important milestone in the development of the company. As previously announced, we have signed an agreement with a contract manufacturing company, giving us the ability to provide volume manufacturing and delivery globally. With the opening of our technology center and its staff, Power Efficiency now has significantly enhanced in-house capability to support product development, R & D and customer requests for customization."