ODESSA, Fla., Feb. 10 /PRNewswire-FirstCall/ -- Global Energy Group, Inc. (“Global Energy”) announced today that it has been awarded the contract to provide new air conditioning equipment for 10 additional United States Post Offices in Florida.   The U.S. Postal Service has a strong program to reduce energy consumption and this contract is part of a longer-term program between the Postal Service and TECO Solutions, a unit of TECO Energy (NYSE:TE), to improve the energy efficiency of postal facilities. 

Global Energy has worked with TECO Solutions over the past three years on other postal facilities in Florida.  With the completion of the buildings under this contract, Global Energy will have installations in a total of fifteen post offices throughout the state. This latest phase of energy conservation and capital improvements at the USPS includes Global Energy’s award-winning Inventor Series 1400 packaged air conditioning units, and its’ EER+ retrofit units. While results will vary from building to building, Global Energy’s patented technology has enabled the company to manufacture air-conditioning equipment that will generally improve energy efficiency by up to 40% by reducing both electric demand and electric consumption. 

“In the past, we have provided equipment to modify existing air-conditioning equipment at postal facilities,” said Joe Richardson, President and Chief Executive Officer of Global Energy.  “This is the first time that we have been able to install our Inventor Series line of packaged air-conditioners, which recently went into production.”

Global Energy’s Inventor Series incorporates the company’s patented technology into a complete air-conditioning unit.  This unit recently won a U.S. Department of Energy- sponsored competition to produce a very highly energy efficient unit and offers a level of efficiency previously not seen in commercial air-conditioners. The Inventor Series 1400 packaged air conditioning unit is ARI certified as the highest efficiency in the industry, and received the U.S. Environmental Protection Agency’s Energy Star rating.

"The Global Energy products are a great fit for this federal client that is aggressively working to conserve energy", said Adam Parke, project manager-TECO Solutions. "We're already looking at using Global Energy products in our third phase of work for the USPS Central Florida district later this year."

Global Energy was formed in 1998 for the primary purpose of inventing, developing and commercializing new technologies that improve the energy efficiency of existing products and processes.  The Company has a particular focus on, and significant skill in, applications that involve thermodynamics and heat exchange.  Global Energy currently holds the rights to eight patents and eight patent-pending applications.  Additional information is available at: www.gegsolutions.com.

Forward –looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Act Reform Act of 1995.  Words or phrases like “we believe,” “our goal is,” “estimate,” “project or projected,” “will likely result,” or similar expressions are intended to identify “forward-looking statements.”  Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.

CONTACTS:

Media                                      Joseph H. Richardson                           727-372-3939

Investor Relations                     Peter E. Toomey                                  727-372-3939