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Jerry Smith and Gary Alexander at Riverbend

Tennessee homebuilder adopts AirTap™ to achieve Energy Star certification

Houston, Texas – May 12, 2008 – All homes in Skyland Falls, a new gated community in Kingsport, Tennessee, will use AirTap™ heat pump water heater that is manufactured by AirGenerate of Houston.

According to Gary Alexander, owner of Riverbend Development that is building the new community, “Energy efficiency is important to us. We decided very early that we wanted Energy Start certification for all our homes. AirTap™ was a critical piece of our strategy. It was very affordable, convenient to install, and highly efficient. If not for AirTap™, we would’ve had to spend thousands more on technologies like higher SEER HVACs to get comparable savings. Thanks to AirTap™, our homes are achieving a 5-star rating.”

Riverbend Development is not alone. Facing a tight market, home builders are increasingly seeking out new technologies, especially in energy-efficiency, to differentiate their offerings and boost sales. “Unsold inventories are at an all-time high and competition among home builders is heating up,” said Paul Shah, who manages sales to home builders for AirGenerate. “For years, builders have emphasized amenities like larger kitchens, bigger closets, and elegant master baths. But in this era of high cost of energy and increasing interest in savings, lures include energy-efficient systems like smart timers, better insulation, and AirTap™.”

AirTap™ is an adaptable heat pump that attaches onto customer’s current water heater, whether it is gas, electric, or propane. It uses a patent-pending method that uses heat pump technology to heat water. This device that has a MSRP of $499 (exclusive of rebates) is also the only heat pump that is certified by GAMA under DOE guidelines.

"We offer the most energy-efficient water heater in USA that can save on average 70% of home-owner’s water-heating bill. By adding our unit, home builders can guarantee their customers a more efficient home, clean up the environment by reducing overall energy consumption, and improve home energy rating all with one minimum investment”, said Sunil Sinha, Chief Scientist for AirGenerate.

For additional information on AirTap™, please go to www.airgenerate.com.

About AirGenerate
AirGenerate is a privately held company that is focused on energy-efficient technologies for liquid heating. AirGenerate is headquartered in Houston, Texas with a manufacturing partner facility in China. For more information, visit www.airgenerate.com.

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