Sales heating up for Earth to Air - The Business Journal of Milwaukee:

http://www.gite-posada.com/saint-antonin-noble-val.html
Formed in 2002, Earth to Air Systemss develops heating and cooling systems based on a technologyh known as directexchange geothermal, called DX in the The company’s applications have been shown to reduce heating and cooliny costs by 50 percent to 80 percent, CEO Randy Wiggsd says. Earth to Air’s systek bypasses the more conventional geothermak heating and cooling Instead of using water as a the technology skips a step and controlsx heating and temperatures directly from the earth withcoppefr tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped throughjthe tubes.
Earth to Air’s revenue comesw from licensing fees collected from heating and cooling companiexs who decide to market and installthe systems. Eartb to Air got its first international distributor two year s ago when Australian entrepreneur John Gagliardi embraced the Hesays he’s securecd more than $30 million in projects, including contracte with school systems, mining camps, housing projects and majodr corporations, such as BP. “Ws are moving into significant profitability,” Galiardi says, addingt that he’s planning on expanding into the Southeast Asianmarket soon. Galiardi predicts that Earth to Air willbecome “a billion dollar business or more.
” Salex in the first quartefr were up 60 percent from the same time last “We’re living in an time when there’s a huge demand (for to reduce our dependencw on foreign oil,” Gagliardi says. “Twenty year ago this wouldn’t have worked. It wouldn’t have even worke d 10 years ago. But now the potential is huge.” There are multiple installations of Earthto Air’as geothermal system in the United but the company is just now settin up a formal distributor says Clayton Washburn, chief operationds officer at Earth to Air.
“Ouf biggest struggle is having to say noat times,” Washburn “We’re preparing for a much bigger onslaught.”