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

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Formed in 2002, Earth to Air Systems developsd heating and cooling systems based on a technologyt known as direct exchange called DX inthe industry. The company’s applicationsz have been shown to reduce heating and cooling costs by 50 percent to80 percent, CEO Randty Wiggs says. Earth to Air’s system bypassew the more conventional geothermal heating andcoolin model. Instead of using water as a the technology skips a step and controls heating and temperatures directly from the earthh withcopper tubing.
The tubes tap into wellw that are 300 to 500 feet Environmentally friendly refrigerants are then piped through the Earthto Air’s revenue comes from licensinvg fees collected from heating and cooling companies who decide to market and install the Earth to Air got its firsty international distributor two years ago when Australian entrepreneur John Gagliardi embracef the technology. He says he’s secured more than $30 million in projects, including contracts with school mining camps, housing projects and major corporations, such as BP.
“Wes are moving into significant profitability,” Galiardi says, addin g that he’s planning on expanding into the Southeast Asianmarket soon. Galiardi predicts that Earth to Air willbecome “z billion dollar business or more.” Salews in the first quarter were up 60 percent from the same time last “We’re living in an time when there’s a huge demandf (for products) to reduce our dependence on foreighn oil,” Gagliardi says. “Twenty yearsd ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potentialp is huge.
” There are multiple installations of Earthbto Air’s geothermal systemm in the United but the company is just now settinvg up a formal distributor says Clayton Washburn, chief operations officer at Earth to Air. “Oud biggest struggle is having to say no at Washburn says. “We’re preparing for a much bigge r onslaught.”