OXFORD, Miss., May 8, 2006 (PRIMEZONE) -- Energy Vision International (Pink Sheets:EGVI), a rapidly growing diversified energy company, issued an update on its subsidiary American Geothermal's contract with Bill Dunn Construction (http://www.billdunnconstruction.com). The DeMarco Energy Miser geothermal heating and cooling system will be installed in the model home of a 20-home development at the Faith Ranch Project Wimberley, Texas.
Work has commenced drilling 6 bore holes at a depth of 250 feet in readiness for the installation of the closed loop pipe array. The DeMarco Energy Miser will be connected providing a total of 6-tons of heating and cooling capacity.
The show home has scored the highest possible energy rating under the 5-Star Green Building national award scheme for Energy Efficiency. The house design includes solar roof panels, tank-less water heaters, rain water collection, shading and the company's DeMarco heating and cooling system. The total electric bill is calculated to be less than $100.00 per month.
CEO of American Geothermal, Victor Demarco commented, "Our heating and cooling system has stood the test of time and we feel quietly confident this first phase will lead to the DeMarco Energy Miser being installed in the entire 20-home development."
Anthony Welch, Chairman of Energy Vision International added, "With every passing week, our market awareness grows and the value or our technology is recognized. The strength of our business model and Energy Conservation initiatives come at a critical time as the world suffers under a growing burden of energy costs. We are proud to be at the vanguard of a new era."
About the Company
Energy Vision International grows through energy-related acquisitions, marketing its patented geothermal water-air heating/cooling systems, and sales of energy conservation solutions. The company has three subsidiaries at present with plans for more.
The company's subsidiary, DeMarco Energy Systems of America, Inc. (http://www.demarcoenergy.com), has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California and Texas. EVI's primary focus is to provide energy efficient technologies to commercial and institutional markets through the application of the DeMarco 'Systems' patents and other acquired technologies. For more information, visit http://www.energyvisionintl.com
Safe-Harbor Statement
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.