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Chirieleison, James Posted: 4/23/2013 10:13:28 AM
Class of 1967 

We have relocated back to Columbus where we have had to learn to cope with the Bucks. I still cheer the Lions on but unfortunately my cheers generally fall on deaf ears. My wife is a Buckeye alum so you can imagine where her allegiance lies. I am currently working as a turnaround / start up consultant focusing on international operations, mainly in the Middle East, Latin America, and the Pacific Rim. In my free time I play golf and travel as time permits. We are off to Germany in the spring to visit our son (Navy - Cmdr - doctor) who heads up the returning Wounded Warrior program at the US Air Force base in Germany. Anybody wanting to contact me can reach us at (703)-597-9989.

Chirieleison, James Posted: 12/1/2009 1:55:00 PM
Class of 1967

Econergy Corporation, a US based manufacturing and sales & marketing company, has been formed to manufacture and distribute an extremely high efficiency, packaged, evaporative condensing chiller. The Company has developed a revolutionary new green, patented (several pending), self-contained, modular, evaporative condensing chiller that consumes 30 – 40% less energy than any traditional air cooled chiller without sacrificing any performance or capacity. There are a number of additional feature value benefits that further reduce the consumption of power beyond the unit's inherent efficiency. Principle among these is the fact that as a result of our method of distributing cooling or heating, the temperature can be individually controlled in each room within the structure. By tailoring the space conditioning requirement's needs of each room in the building or home this will significantly impact and reduce the power consumption associated with each system, particularly during peak demand load hours, Since space conditioning is the principle global culprit in energy consumption, this will significantly impact our everyday use of and demand for electricity.

The product will be imported to the Company's distribution center in the middle Atlantic for final assembly and distributed to commercial, residential, OEM, and national accounts in North America. Other international sales will be managed from bases of operations in Europe and Hong Kong.

The Company's China mainframe production operation and R & D center is situated in a research industrial park with very favorable leasing terms and tax benefits. Initial output will start at 4-6 units/day, and as sales increase, production can be expanded as necessary. The Chinese factory's operating costs, including labor rates, coupled with the Chinese labor forces energetic work ethic, will provide the Company with a low cost of goods sold and advantage in the marketplace, affording us higher than normal production gross margins.

We have also recently aquired the assets of pool heater and heat pump water heater manufacturer.

The Company projects to sell in excess of $19,000,000 USD within the first two years of production. This will grow to +/-$80,000,000 by the fifth production year with a net margin (pre-tax) against all company expenses of +20% and production gross margins in the range of 45%.

We are currently looking for equity funding and invite anyone who has any interest or suggestions as to where we might go for funding to contact me directly. Additional capitalization of $11,200,000 is required for the Company to fully realize its potential and take advantage of the progress it has made so far.

We have an extensive Business Plan and 5 year financial projections we can make available to qualified interested parties.

James Chirieleison
Tau 1967
703 597 9989

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