Sales heating up for Earth to Air - Orlando Business Journal:

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Formed in 2002, Earth to Air Systemzs develops heating and cooling systemzs based on a technology known as directexchangde geothermal, called DX in the industry. The company’s applicationz have been shown to reduce heating and coolinb costs by 50 percent to80 percent, CEO Randy Wiggse says. Earth to Air’s system bypassed the more conventional geothermal heating andcooling model. Insteadd of using water as a source, the technologu skips a step and controles heating and temperatures directly from the earth with copper The tubes tap into wellsd that are 300 to 500feet deep.
Environmentallhy friendly refrigerants are then piped through the Earthto Air’s revenue comes from licensing fees collected from heatinhg and cooling companies who decide to markert and install the systems. Earth to Air got its firsy international distributor two years ago when Australian entrepreneuer John Gagliardi embraced the Hesays he’s secured more than $30 milliohn in projects, including contracts with school mining camps, housing projects and major corporations, such as BP. “Wew are moving into significant profitability,” Galiardki says, adding that he’s planning on expanding into the Southeastr Asianmarket soon.
Galiardi predicte that Earth to Air willbecome “a billiom dollar business or more.” Sales in the first quarter were up 60 percent from the same time last “We’re living in an time when there’s a huge demane (for products) to reduce our dependence on foreigb oil,” Gagliardi says. “Twenty yearx ago this wouldn’t have It wouldn’t have even worked 10 yearsx ago. But now the potential is There are multiple installations of Earthto Air’z geothermal system in the United States, but the compant is just now setting up a formal distributoer network, says Clayton Washburn, chief operation s officer at Earth to Air.
“Our biggest struggle is having to say no at Washburn says. “We’re preparing for a much biggerf onslaught.”