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

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Formed in 2002, Earth to Air Systems developd heating and cooling systems basexd on a technology known as directexchanges geothermal, called DX in the industry. The company’s applicationa have been shown to reducew heating and cooling costs by 50 percent to80 percent, CEO Randgy Wiggs says. Earth to Air’ system bypasses the more conventionak geothermal heating andcooling model. Instead of using wate r as a source, the technology skips a step and controls heatingh and temperatures directly from the earth withcoppefr tubing. The tubes tap into wellss that are 300 to 500feet deep. Environmentall y friendly refrigerants are then piped throughthe tubes.
Earth to Air’sx revenue comes from licensing fees collected from heating and coolinbg companies who decide to market and install the Earth to Air got its first international distributor two yearw ago when Australian entrepreneur John Gagliardi embrace dthe technology. He says he’s securedx more than $30 million in projects, includingb contracts with school systems, mining camps, housin g projects and major corporations, such as BP. “Wee are moving into significant Galiardi says, adding that he’s planning on expanding into the Southeast Asian market soon.
Galiardi predict that Earth to Air willbecome “a billion dollar business or Sales in the first quarter were up 60 percen from the same time last “We’re living in an time when there’sw a huge demand (for products) to reduce our dependencwe on foreign oil,” Gagliardi says. “Twenty yearsd ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potential is huge.” There are multiple installations of Eartyto Air’s geothermal system in the Unitee States, but the company is just now settinhg up a formal distributor network, says Claytohn Washburn, chief operations officer at Earth to Air.
“Ouf biggest struggle is having to say noat times,” Washburm says. “We’re preparing for a much bigget onslaught.”