OTC PINK : $NVOB www.novacab.com https://www.facebook.com/novacab/?fref=ts https://twitter.com/novacab 18 Paul Gauguin Street, Candiac, QC J5R 6X2 CANADA Phone: 514-416-2888, Email: firstname.lastname@example.org
Novacab International Inc (a C-Corp formed under the Laws and Jurisdiction of Florida) founded in 1995 has developed patent protected Thermal Energy Storage systems for buildings and for vehicles.
These systems convert heat into electricity which can be stored for future use. An innovative energy tech company involved in a state-of-the-art thermal battery technology currently servicing contracts for IBM, Honeywell, Gaz Metro Plus, Siemens, Montreal Stock Exchange Tower, Transport Canada and L'Oreal Manufacturer of energy recovery and thermal storage systems as well as climate control units for the industrial, the building and the transport sectors: Novacab and Novanergy PATENTS TRANSPORT CANADA : CASE STUDY (NOVACAB) http://www.novacab.com/images/automotive/novacab_transport_canada_1.pdf SAE TECHNICAL REPORT http://papers.sae.org/2004-01-2636/
Primary Industry (NAICS): 333416 - Heating Equipment and Commercial Refrigeration Equipment Manufacturing Alternate Industries (NAICS): 332410 - Power Boiler and Heat Exchanger Manufacturing 336390 - Other Motor Vehicle Parts Manufacturing 541330 - Engineering Services Primary Business Activity: Manufacturer / Processor / Producer Total Sales $CDN): $1,000,000 to $4,999,999 Number of Employees: 20 Novacab 2014 Annual Financials Source : https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=140903
Novacab announces to its shareholders insightful modifications to the management team illustrating the new business development approach that will shortly be in place:Mr. Michael L. Carty will take on the role of Chief Executive Officer (CEO), responsible for the technologies deployment and all relevant business operations. Mr. Stéphane Bilodeau, Ph.D., the Chairman of the Board, will also be focusing on strategic planning and R&D. These changes are driven in preparation for launch of the network and of new products.Other responsibilities, such as Investors Relations, will shortly be carried on to a new assignment in the company. The focus and renewed pledge from the company, will soon culminate, after 2 years of development, in the launch of two new and exciting products for the residential sector to be added to the portfolio of innovative technologies. The merchandising of these 2 new items will start through the Internet.To that effect please refer to Novacab's Facebook page to have a look at the results of 2 years of R&D.We would also like to thank all of our investors for their patience and understanding Novacab International Inc. Updates Shareholders and Investors CANDIAC, QC--(Marketwired - May 13, 2014) - Novacab International Inc. (OTC Pink: NVOB) (PINKSHEETS: NVOB)
Novacab is pleased to announce that with the opening of our first office in Palm Springs, CA, and Novacab also being a Florida Corporation: We meet the criteria to get the support of the US Department of Energy in respect to the Guaranteed Loan Program for job creation and implementation of two assembly plants to service the USA and Caribbean markets. "This could generate 200 new paying and permanent jobs in the USA in the next 8 years," says Michael L. Carty, Senior Vice-President.We would also like to announce an aggressive recruitment program in search of qualified personnel in the 6 months following the end of June. We will start accepting Resumes and instruction (Regionally) to review candidates in different regions. The first group of candidates that are going to be solicited are for employment starting July 2014. We are going to be looking for: 25 District Managers, 5 Regional Managers, 1 General Manager, 10 Technicians for support to Distributors and Servicing 24/7 with our communication system with video in real time., 30 Qualified Tech on assembly lines (15 per plant) Novacab International Inc. Announces Negotiations With Hotel Chains CANDIAC, QC--(Marketwired - Apr 29, 2014) - Novacab International Inc. (OTC Pink: NVOB) (PINKSHEETS: NVOB)
Novacab is pleased to announce that it is negotiating with two hotel chains for the purpose of installing its technology for energy savings-systems (TES-S). These hotel chains have over 10,000 hotels throughout the world under various banners. "The hotels will have a substantial energy savings. The prime example is the 3 Novacab (TES-S) systems that were installed at the IBM plant," says Michael L. Carty, Senior Vice-President. The IBM plant in Bromont, Quebec, saves $500,000 in electrical cost per year with Novacab's TES-S technology. The tests were validated by Hydro-Quebec. Novacab will analyse the requirements for the various sizes of the hotels and manufacture suitable state-of-the art units. The estimated cost per unit is $100,000.00 USD. This project would generate substantial revenues, for the first 100 hotels in excess of $ 10,000,000.00 USD over the next 5 years. Since the technology is not exclusive to any business model, its use in hotels will attract additional hotel chains desirous of lowering their operational costs. Novacab International Inc. Announces Plans for Distribution of Its Products CANDIAC, QC--(Marketwired - Apr 24, 2014) - Novacab International Inc. (OTC Pink: NVOB) (PINKSHEETS: NVOB)
Novacab announces to its shareholders that it is addressing the trucking sector in the USA and Canada with the penetration of the market of 458,000 trucks with sleeper cabs out of a fleet of 2,400,000 Class 8 trucks in the USA and Canada. This technology especially applies to 240,000 units used for refrigeration. Furthermore there are 125,000 new vehicles of Class 8 with sleeper cabins built every year in North America. Distribution of the Novacab product line is being done through a network of distributors: there are three types of Distributors: Class A Distributor: Dealers selling trucks, Class B Distributor: Transport companies handling their own fleet, Class C Distributor: Service Centers catering to all independent brokers needs for maintenance repairs. Stephane Bilodeau, president, adds, "We are in the process of entering into agreements with 10 Distributors in Canada and the USA. Our first US offices are preparing to open in California and Florida. In Canada, the penetration will be directed through our corporate offices in Candiac, Sorel and Sherbrooke." In the next 6 months, 10 Distributors will be operational followed by the goal of having 25 Distributors within 2 years. Our objective is to have the Distributors retrofit existing vehicles and provide for the installation of units within the market of 125,000 Class A trucks built each year. At an average unit cost of $ 10,000.00, Novacab's revenues shall attain new heights.This represents 4,850 units at a value of $ 10,000.00 USD per unit. For the first 12 months, $ 4,589,000.00 USD of sales for Novacab International Inc., This technology allows for the vehicles to maintain electrical power used for heating and refrigeration without the need to operate the engines or through the use of generators. This provides for a reduction in yearly fuel consumption between 6,000 and 8,000 litres per truck as well as a reduction of C02 and other gas emissions as well as prolong the engine's useful life between 200 000 km to 300 00 km. Currently 22 states in the USA and half of the Canadian provinces have recently passed legislation forbidding idling truck engines when stopped anywhere especially at truck stops. Novacab International Inc. Announces Pilot Project With Papineau Transport CANDIAC, QC--(Marketwired - Mar 31, 2014) - Novacab International Inc. (OTC Pink: NVOB) (PINKSHEETS: NVOB) Novacab is pleased to announce, the Pilot Project with Papineau Transport International using the Novacab System. The fuel economy, using the Novacab System having been validated by Transport Canada, this specific Pilot project is monitored by a telemetric system. Papineau Transport International and immediate affiliates manages more than 100/175 combined Class 8 trucks just at one Hub. Following the positive results of the fuel economy with the use of the Novacab System, a proposal for the retrofitting addition of the Novacab system is to be elaborated. For the Papineau International Transport and immediate affiliates at this Hub, this represents a potential of $2,000,000 in retrofitting over the next 3 to 4 years. Once the results of the savings of the Papineau Transport trucks using the Novacab System have been tabulated, the information of the savings will be readily transmitted to all members of the Group, therefore increasing the potential of retrofitting to all the Group. Papineau is also a member of Transforce Group working with and/or supervising 20+ transport companies. The possibilities of retrofitting all trucks overseen by Transforce Group, 1,000 / 1,200 trucks, is also on a period of 3 to 4 years. Please note that for all their trucks 80 % travel to the United States. Papineau Transport International is also Environmentally Responsible following same guidelines implemented by the Transforce Group. Novacab International also announces the opening of our first Regional Office in Palm Springs California. The opening should be in the month of April 2014. We will be strategically located at the Courtyard at Palm Springs on 777 Tahquitz Canyon Way Blvd. Palm Springs, CA 92262 The decision for Palm Springs as the first Regional Office stems from a large number of clients, interested in pursuing negotiations for both our Novacab Systems (Thermal Energy Storage), Novacab Automotive (TES) and Novacab Commercial, Industrial and Institutional Stationary (TES/S). Novacab International Inc. Announces Project With L'Oreal Canada CANDIAC, QB--(Marketwired - Feb 28, 2014) - Novacab International Inc. (OTCPink: NVOB) Novacab is pleased to announce the beginning of a joint project with L'Oreal Canada. Held In collaboration with Novacab's industrial division, Groupe Enerstat inc., the second phase of the project for the installation in this plant has a value exceeding $150,000. The total amount of locations in which L'Oreal Corporation manufactures its cosmetics is 41 plants worldwide. After extensive validations and project reviews, L'Oreal has chosen to initiate this important step to further test the new generation of Novacab's technologies. Expectations are that this will provide optimal temperature control and energy savings in their operations. Mr. Michael Carty, Senior Vice-President, Novacab International Inc. commented, "We are excited by this opportunities to deliver our experience and highly evolved technologies to L'Oreal, a successful leader in its industry with a strong legacy in sustainability. As with the successful projects with IBM, we are confident that we will have a long term relationship with L'Oreal." Novacab International Inc. is also in the process of substantially improving its current facility in Tracy-Sorel, Quebec, Canada. Substantial investment in resources will allow the company to boost its deployment in North America. Projected total investment in the Tracy-Sorel facility is to exceed $1,000,000. Novacab International Opens US Regional Office SHERBROOKE, QC--(Marketwired - Jan 31, 2014) - Novacab International Inc. (OTC Pink: NVOB) Novacab is most pleased to announce the opening of its first US regional office in Palm Springs California. The newly appointed Regional Manager, John Higgins will be overseeing the structuring of the office as well as hiring of the required support team and sales force throughout the State of California. "We targeted California because of its strategic position to service long distance haulers across the Mexican border," states Stephane Bilodeau, president. He adds, "Our plant in Sherbrooke, Quebec, is 30 miles from the US Border and it will continue to cover the Tri-State area until our further expansion in this region next year." Prospective Dealer/ Distributors in California have already been identified and have shown interest in its technologies for the automotive part of our business catering to Class 8 with sleeper cabs and smaller delivery and service vehicles. Novacab's technology is most attractive for trucking firms as it runs silent, unlike generator driven systems. It emits zero pollution and does not use any power from the engines that propel the vehicles. Mr. Higgins is meeting with trucking companies whose equipment requires both refrigeration for produce and freezing capabilities. He is also gathering interest in the commercial and industrial segment of our business model with our Novanergy Technology to be implemented in hotels, hospitals, manufacturing plants etc. The savings in electrical consumption is primordial especially in areas where these expenses are an important part of operating costs. Novacab International Inc. Announces the Establishment of a Sales and Service Center
Novacab is pleased to announce the acquisition of an industrial building to be used for the installation and service of its products. The building is situated in Sorel-Tracy, Quebec, Canada, approximately 38 miles from metropolitan Montreal. The site was chosen because it is situated on the heavily travelled truck route between Montreal and the US border. The cost of the acquisition of the real estate and equipment and new inventory is $1,400,000. For Novacab (Automotive applications), there are 150 units currently installed at an average unit price of $15,000.00. These units have been used for three years without problems and provide yearly fuel savings of up to $ 7,000.00. There is also a reduction of C02 emissions and other gases as well as a prolongation to the engine's life of an additional 200,000 miles. These outstanding results were monitored and validated by independent sources such as Transport Canada, in 2003; this system won the AQME Gala Enertia trophy in the category of Transport. The technology provides for the creation of electricity from the flow of heat in the cooling system of vehicles. This electricity is stored in a modular unit in the vehicle and will supply air conditioning and heating needs for 6 to 10 consecutive hours without running the engine. This technology is a natural solution for long distance trucks with sleeper cabs and it targets 500,000 Class 8 trucks with sleeper cabs out of a fleet of 2,400,000 Class 8 trucks in the USA and Canada. Furthermore there are 125,000 new Class 8 vehicles built every year in North America. Novacab International Inc Announces Contract With Molson - Coors Brewing Company SHERBROOKE, QC--(Marketwired - Jan 8, 2014) - Novacab International Inc (OTC Pink: NVOB)
Novacab is most pleased to announce the first of many projects for Molson - Coors Brewing Company commencing with their plant in Montreal. This initial installation is expected to generate revenues of $300,000 while the installation in the Vancouver plant shall exceed revenues of $900,000. Roch Voyer, senior project engineer of Infrastructure and Utilities at Molson - Coors, states, "We shall engage our joint venture partner to develop a business process that is more energy efficient." The Company shall use its patented Novanergy Technology that creates industrial high temperature thermal energy storage which will be integrated into the brewing process. This process is based on the success of three installations projects in IBM plants in the past. IBM concludes that it saved a total of $500,000 per year in electricity costs using the state of the art Novanergy technology. Stephane Bilodeau, president of Novacab, states, "We have been developing this technology for over 6 years with IBM which was one of our first industrial applications. The installation, and subsequent use of our system, has exceeded our expectations as well as the client's." This project which Novacab designated as Enerstat received an award as reviewed on the IBM website: http://www.ibm.com/ibm/environment/news/enerstat_2007.shtml.
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