TULSA, OK--(Marketwired - Apr 9, 2013) - Everest Sciences Corporation, a leading provider of air cooling and handling solutions for the Oil & Gas, Power Generation, Chemical Production and other industries, announced today it has signed an exclusive agreement with Equipos Industriales del Golfo, S.A de C.V. (EIGSA) to distribute the company's products in Mexico. As a result of this agreement, for the first time Everest Sciences' ground-breaking hybrid inlet cooling solutions, including its patented Indirect Evaporative Inlet Cooling technology will be available in one of the world's fastest-growing economic regions.
Everest Sciences launched its first product in 2008, and in a short time has sold and installed systems at leading Oil & Gas, Chemical Processing and Energy companies in the United States, Canada and the Caribbean. "Given the rapid growth in the Mexico's economy, this is the logical next step for us," said Dave Voeller, Chief Executive Officer of Everest Sciences. "EIGSA has achieved great industry success since its founding in 1988, especially in the oil and gas sector, and is the perfect partner for us in Mexico," where according to market researcher Industrial Information Resources (IIR), Mexico's energy capacity grew a substantial 12% in 2012 over 2011.
With operations in Mexico City, Tabasco, and other regions, EIGSA specializes in air cooling and water management solutions for industrial clients including Petroleos Mexicanos (PEMEX) and Mexico's Federal Electricity Commission. After a quarter century in the marketplace, and with key certifications from leading engineering standards organizations, EIGSA has built a reputation as a trusted solutions provider.
"We are honored that Everest Sciences has chosen EIGSA as its partner in Mexico," said Armando Quiroz, the firm's Director. He added, "We feel the market opportunity for Everest Sciences' air handling solutions is large, especially given the demanding climate conditions in some regions of our country. Partnering with them will benefit both of our companies and our customers, and we look forward to implementing our first major customer installations together in 2013."
Everest Sciences has realized significant market momentum in the past 12 months, announcing new contracts with large chemical producers as well as its first follow-on order from an existing customer. While the company has completed installations outside the United States previously, this agreement represents the first International distributorship agreement for the growing company.
Everest Sciences provides a factory pre-packaged patented multi-staged hybrid cooling process for its customers. Its systems provide cooler, denser air than traditional evaporative techniques while consuming 30%-70% less power than conventional chilling systems.
About EIGSA
Founded in 1988, Equipos Industriales del Golfo, S.A de C.V. (EIGSA) is a 100% Mexican company devoted mainly to the repair of process equipment such as air coolers, envelope and tube heat exchangers. Its main customers include Petroleos Mexicanos and the Federal Electricity Commission in the Southeast area of the country. EIGSA is certified by the American Society of Mechanical Engineers (ASME), and The National Board of Boiler and Pressure Vessel Inspectors. With a vision of growth and expansion in the manufacture of process equipment, the company obtained the exclusive representation in 2001 to commercialize and manufacture gas separation equipment from Peerless, which has the largest installed base of equipment throughout Mexico and is recognized as a national and global leader. With over 20 years of experience and hundreds of installations, Equipos Industriales del Golfo is one of the market leaders in equipment solutions for the Mexican oil industry.
About Everest Sciences
Everest Sciences provides a range of air handling solutions that help customers in the oil & gas, food processing, pulp and paper, co-gen, chemical processing, and gas transportation industries achieve greater manufacturing and production efficiencies, and profitability. Everest Sciences' solutions address not just an individual component of a customer's process -- such as a gas turbine -- but the entire system, and may include chilling, inlet cooling, filtration or some combination of these methods. With customer profitability fundamental to its success, Everest Sciences has developed and patented hybrid INDIRECT evaporative inlet cooling technologies used in the company's ECOChill™, ECOCool™, and Hydro-Flexcool™ systems to create, cooler denser air more efficiently than the conventional cooling technologies. For more information please visit www.ECOChill.com or www.EverestSciences.com, email info@everestsciences.com, or call 1-800-913-6810. International customers may call +1-918-770-7190.
Company address:
Everest Sciences Corporation
7737 East 42nd Place
Tulsa, OK 74145
Customer inquiries:
Marcus Bastianen P.E.Email Contact(918) 270-9965Press inquiries:Eric WarrenEmail Contact(805)796-7526
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