ACHRNEWS

June 26, 2003: Munters, Powercold Team To Offer Commercial HVAC Packages

June 26, 2003
LAVERNIA, Texas — PowerCold Corporation announced that it has entered into a cooperative agreement with Munters Commercial Dehumidification Division for the marketing and sale of commercial HVAC packages. Munters and PowerCold will target certain national account chains for a joint sales effort. PowerCold will become a key customer of Munters and will promote Munters commercial products to its key national account customers.

Munters Commercial Dehumidification Division, a subsidiary of Munters Corporation, manufactures air conditioning and dehumidification systems for commercial building environments.

Munters Corporation is a leader in humidity control with products and services for dehumidification, humidification, and cooling of air. Manufacturing and sales are carried out via Munter's own companies in more than 27 countries in Europe, the Americas, and Asia.

PowerCold CEO Frank Simola commented, "Munters will be another important major strategic alliance supporting our business plan. We will continue to strengthen our product applications and support services with outside relationships. Munters is a world leader in sizeable comfort systems and we are very pleased to be associated with them."

Larry Klekar, national accounts manager for Munters, stated, "We are pleased to have the opportunity to form an alliance with PowerCold to market our new Humidity Control Units (HCUs). HCUs, a desiccant-based dehumidifier, are a natural for restaurant and hotel dehumidification applications. With PowerCold's engineering design experience in this area and Munters experience with desiccant dehumidifiers, it seems only natural that this alliance be formed to better service the customers in these markets."

Publication date: 06/23/2003