Budget-Conscious and Energy Minded Customers Across New York and New Jersey Now Have Universal Supply Group, Inc. and The RAL Supply Group, Inc. as a New Source for the Acadia: Combined Heating and Cooling System
HAWTHORNE, N.J.--(Business Wire)--
Colonial Commercial Corp. ("Colonial") (OTC Bulletin Board: "CCOM," "CCOMP"),
today announced a new distribution partnership, through its Universal Supply
Group, Inc. and The RAL Supply Group, Inc. subsidiaries, with Hallowell
International. As the price of oil gets ever-more volatile, budget-conscious and
energy-minded consumers in southern New York and throughout New Jersey now have
easier access to the Acadia: Combined Heating and Cooling System from Hallowell
International.
The Acadia is a revolutionary new green technology used for residential heating
and cooling. It provides a significant cost savings to the consumer by
outperforming conventional fossil fuel-based heating systems, such as oil
furnaces, by up to 300 percent.
How does it work? The Acadia is a single system engineered to comfortably heat
and cool homes in all weather conditions, even temperatures as cold as minus 30
degrees Fahrenheit. When traditional heat pumps are put in colder climates such
as the Northeast, a back-up heat source is usually required; this uses
additional energy, resulting in a higher energy bill for the homeowner. The
Acadia, through patented boosted compression technology, operates much more
efficiently than a traditional heat pump, and also eliminates the need for a
supplemental heat source.
"The Acadia system is a perfect complement to our expanded offerings of
high-efficiency, energy-saving heating and air conditioning equipment. Our
customers are demanding more affordable alternatives to oil and gas and the
Acadia delivers," said William Pagano, CEO of Colonial.
"We are excited to bring a new approach for heating and cooling to New York and
New Jersey and are excited to partner with Universal Supply Group to deliver on
the promise," said Dan Davis, Vice President of Sales & Marketing at Hallowell
International.
To learn more about Acadia, please visit www.HallowellInternational.com.
Journalists seeking information should contact Rachel Greenstein, Warner
Communications, at 617-569-6269 or rachel@warnerpr.com.
About Colonial Commercial Corp.
Colonial distributes heating, ventilating and air conditioning, ("HVAC"),
equipment, parts and accessories, climate control systems, and plumbing and
electrical supplies and equipment to professional contractors in the states of
New York, New Jersey, Massachusetts, Connecticut and eastern Pennsylvania
through its subsidiaries; Universal Supply Group, Inc., www.usginc.com, The RAL
Supply Group, Inc., www.ralsupply.com, American/Universal Supply Division,
www.ausupplyinc.com, and S&A Supply, Inc., www.sasupplyinc.com. These contractor
customers purchase and install equipment and systems for residential, commercial
and industrial users. Colonial also provides control system design, custom
control panel fabrication, technical field support, in-house training and
climate control consultation for engineers and installers. The Company is a
leader in the design of direct digital control systems and systems that control
multi-location facilities through the Internet.
The Company also distributes home appliances to dealer groups and appliance
stores through its Goldman Universal division, and water filtration systems,
parts and accessories and other products through its e-commerce store,
www.procontractorstore.com, operated by RAL. The Company is headquartered in New
Jersey, and, with its affiliates, operates out of 20 locations in its geographic
trading area. For more information on Colonial`s operations, products and/or
services, please visit www.colonialcomm.com.
Safe Harbor Statement
The foregoing press release may contain statements concerning Colonial
Commercial Corp.`s financial performance, markets and business operations that
may be considered "forward-looking" under applicable securities laws. Colonial
cautions readers of this press release that actual results might differ
materially from those projected in any forward-looking statements. Factors which
might cause actual results to differ materially from any results that are
projected in the forward-looking statements include the following: continued
acceptance of the company's products in the marketplace, competitive factors,
dependence upon third-party vendors, and other risks detailed in the company's
periodic report filings with the Securities and Exchange Commission. These and
certain other factors which might cause actual results to differ materially from
those projected are detailed from time to time in Colonial's periodic reports
and registration statements filed with the Securities and Exchange Commission,
which important factors are incorporated herein by reference. Colonial
undertakes no obligation to update forward looking statements to reflect changed
assumptions, the occurrence of unanticipated events, or changes in future
operating results, financial condition or business over time.
For further information, please contact William Pagano, Chief Executive Officer,
or William Salek, Chief Financial Officer, at (973) 427-8224.
About Hallowell International
Founded in 2005, the vision of Hallowell International could not be clearer:
Think past the boundaries of conventional home heating and cooling solutions to
create alternative approaches to residential climate management. The company is
committed to creating innovation through technology and products that are
promisingly energy efficient, environmentally conscious, easy to install and low
maintenance. Hallowell`s products are for both residential and commercial use
and are distributed throughout the United States and Canada. Hallowell
International is headquartered in Bangor, Maine. To learn more about energy
efficient products provided by Hallowell International, visit
www.hallowellinternational.com.
Colonial Commercial Corp.
William Pagano, Chief Executive Officer
William Salek, Chief Financial Officer
973-427-8224
or
Warner Communications
Rachel Greenstein, 617-569-6269
rachel@warnerpr.com
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