(Source: Business Wire)

ElectraTherm, Inc. (www.electratherm.com)
today announced the successful completion of additional funding totaling
$5.4 million. The company has now raised nearly $10 million since its
inception in 2005.
ElectraTherm's enhanced waste-heat recovery technology dramatically
improves energy
efficiency alongside such applications as generator sets, biomass,
geothermal and solar thermal. Over the last few months, the Company
successfully completed its first field test at Southern Methodist
University, shipped several units for installation by year-end, and is
expanding its capacity for additional production.
"We have received an incredible response to our technology worldwide -- in the form of dealers, investors and customers," said Steve Olson,
President of ElectraTherm. "Deployed on a large scale, the ElectraTherm
Green Machine has the capacity to make a significant contribution to
reducing CO2 emissions and increasing energy security. On top of that,
increasing efficiency is simply good business."
"Electratherm provides clean, inexpensive electricity to any producer of
waste heat, which is both abundant and cheap. In fact, it's free fuel,"
said Charles Finnie, ElectraTherm investor and Managing Partner of
Greener Capital Partners, a venture capital firm based in San Francisco.
"The payback on Electratherm's Green Machine is extraordinary -- often
less than two years. I am excited to be involved with this remarkable
company and its impressive management team."
The ElectraTherm Green Machine takes heat or pressure, and turns it into
usable power. ElectraTherm's Twin Screw Expander technology represents
an important innovation in responsible energy usage, enabling industrial
customers around the world to generate more electricity without
consuming additional fuel or creating more emissions -- the very
definition of energy efficiency.
"ElectraTherm's technology is unique, and customers worldwide are
quickly discovering how easily they can hook a 5 foot by 5 foot Green
Machine onto their waste heat source to produce clean electricity," said
John Davison, ElectraTherm board member. "This is a first-to-market,
proven product that can increase energy efficiency immediately in
industries such as geothermal, biomass, and oil and gas."
For more information about the ElectraTherm Green Machine, visit http://www.electratherm.com/products.html.
About ElectraTherm, LLC
ElectraTherm, Inc. delivers renewable energy solutions for a sustainable
future, now. The company's proven, patented Twin Screw Expander enables
its line of energy generators to make electricity from waste and
geothermal heat or pressure instead of fossil fuel. ElectraTherm's
fuel-free, emission-free and low-cost technology offers the industry's
shortest payback period on investment. For more information on
ElectraTherm and its cleantech, green power products, please visit www.electratherm.com.
A service of YellowBrix, Inc.