Digital Gas, Inc.(fka DIGGQ)

[Buckey]

2004-03-29 21:28 ET - News Release



NEW YORK -- (Business Wire) -- March 29, 2004

Digital Gas, Inc. (OTC Pink Sheets: DIGG) announced that
Digital Energy & Farming, Inc., its wholly-owned subsidiary, has
signed an agreement with Liam, Inc. of Maynardville, TN to acquire the
exclusive distribution rights to a line of breakthrough electricity
controllers designed to provide significant energy savings and prevent
brownouts and blackouts. The controllers ate patented, UL listed and
FCC approved.
¶ The agreement is expected to increase Digital Energy & Farming's
presence in the energy field as it will be distributing the first
heating, ventilation and air conditioning (HVAC) controller in the
marketplace. Liam's "supervisory HVAC controllers" have been tested
for efficiency, reliability and user friendliness, both in the lab and
in real time.
¶ A demonstration of the HVAC controller by Oak Ridge National
Laboratory (ORNL) in hotel rooms, sponsored by the U.S. Department of
Energy's Federal Energy Management Program (FEMP), found that in
occupied rooms where the HVAC controller was not used, the HVACs
consumed 32.1% more energy compared to the controlled rooms using the
HVAC controller. In unoccupied rooms where the HVAC controller was not
used, the HVAC consumed 43.1% more energy compared to the controlled
rooms. Using Liam's final updated system, there was no record of guest
complaints. In the Technology Installation Review article of FEMP's
Office of Energy Efficiency and Renewable Energy that reported the
demonstration, it was also reported that Phillips Consumer Electronics
Company showed a potential 50-80% savings in preliminary
laboratory-simulated tests in unoccupied lodging rooms employing the
controller.
¶ Digital Energy & Farming intends to market the device to hotels,
motels, resorts, major utilities, other power companies, office
buildings, apartment complexes, government buildings, military
installations, airports, hospitals, nursing homes and other venues.
Management believes that this HVAC controller will be widely accepted
by the above venues for the following reasons: 1. it can be installed
to air conditioning units or thermostats in 5 minutes as opposed to
one or more hours; 2. the unit does not require an HVAC technician or
electrician for installation; 3. total cost to install is several
hundred dollars less then conventional units and provides brownout and
blackout protection features that conventional units do not.
¶ Commenting on the brownout and blackout protection features of his
products, Kenneth Winters, President of Liam, Inc., said: "If one
million of these units were in the market last summer at a cost of
under $400 million, we would have saved the Department of Energy
estimated $6 billion lost by the federal government, state
governments, utilities, businesses and consumers and not still be in a
position to suffer these same losses again this summer". Mr. Winters
has agreed to provide consulting services to Digital Energy & Farming
to assist the company's efforts to distribute these products,
technologies and systems.
¶ Liam's HVAC is a simple, patented, plug-in device installed
between a wall outlet and either the room HVAC or a thermostat. The
original design of the device was directed to the detection and
control of voltage irregularities of the power supply to individual
package terminal air conditioners (PTAC) to protect them from damage.
The next generation device incorporated sensors, as well as phone,
internet and satellite access to permit remote control of the units by
hotel or building operators, as well as utility companies. To further
enhance the benefits of the product, a monitoring device was added
that can detect smoke, fire or extreme cold. Liam has a "PTAC Control
Unit" (PCU-P); a "Thermostat Control Unit" (PCU-T), and a "Power
Shedding Unit" (PCU-S), as well as a full-featured thermostat unit
which can sell as a new "enhanced thermostat" or to replace existing
thermostats.
¶ Liam has pre-existing contracts and agreements with several RCA
distributors in the Eastern United States. Digital Energy & Farming
has agreed to respect these pre-existing relationships. In addition,
Liam has reserved the right to be the contact point for the following
utilities: Consolidated Edison (CE-NYSE), Niagara Mohawk (NMKG -
NYSE), Detroit Edison (DTE-NYSE), Minnesota Power (ALE - NYSE),
Georgia Power (SO-NYSE), Florida Power & Light (FPL-NYSE), Tampa
Electric (TE-NYSE), Utah Power (PPW-NYSE), Bonneville Power, Long
Island Power Authority and the TVA.
¶ In order to penetrate this market as rapidly as possible, Digital
Energy & Farming will use industry experts to assist it in devising
and implementing a commercialization plan. For instance, a major
international energy consultant has agreed to advise the company
regarding its commercialization plan and in dealing within the utility
industry. When the company finalizes its entire consultant, advisor
and industry and trade organization agreements and relationships, it
will make a defining announcement in this area. To review reports on
Liam's products, technologies and systems, visit
http://www.dvamedia.com/digital.
¶ Since Digital Energy & Farming intends on being an electricity
provider through its energy & farming centers and coal bed methane gas
businesses, this agreement is important to the company. Further to
electric generation and distribution, the company also intends to
market a low-cost SOFC device that can make any residential and or
commercial building in North America grid-independent while at the
same time reducing the utility bill of that building by approximately
fifty percent and the CO2 emissions by fifty-plus percent. This device
requires only two-kW for an average residence while providing
completely for hot water, space heating and air conditioning.
¶ Digital Energy & Farming announced several other developments. In
the waste processing area, the company has found a site in the Midwest
to commercialize the processing of tires and is in the process of
closing its first agreement with a waste supplier who has agreed to
run the operation. In the coal bed methane area, the company's first
wells will be drilled in April.
¶ Digital Gas is committed to developing clean gas, electricity and
food in the US in order to provide its shareholders with high yield
and high growth in a safe and secure part of the world, the heartland
of the US.
¶ For further information: call Brian Smith (732)-927-4073 or email
[e-mail]

¶ DIGG -- Digital Gas, Inc.
¶ Com ($0.001)
Contacts:

For Digital Energy & Farming, Inc.
Brian Smith, 732-927-4073
[e-mail]
Source: Digital Gas, Inc.