Metro Energy Solutions Announces Another Energy Efficiency Project with Ricoh Corporation

West Caldwell, NJ – February, 2002 – Metro Energy Solutions announced today it has entered into another contract with Ricoh Corporation, headquartered in West Caldwell, New Jersey.  This latest contract involves the removal of two 50-ton rooftop heating and air conditioning units, and the installation of two new 40-ton units and direct digital controls at Ricoh’s headquarters office in West Caldwell.  Previously, Metro Energy Solutions has worked with Ricoh to upgrade other HVAC units, and perform lighting retrofit projects at Ricoh’s warehouse and office complex in Tustin, California, and at Ricoh’s service facility in Pine Brook, New Jersey.  Metro Energy Solutions was able to obtain utility rebates on all of these projects, which enabled Ricoh to reduce the net project cost for each of the projects.   

Ricoh Corporation contracted Metro Energy Solutions, a full-service energy services company based in West Caldwell, New Jersey, to assist them in assessing the existing mechanical and electrical equipment in their facilities throughout the country, and make recommendations for improvements based on cost-effectiveness.  Metro Energy Solutions’ services are assisting Ricoh in its goal of becoming a certified ISO14001 company.  "We have had a long-standing business partnership with Ricoh Corporation," stated Robert Ragozine, Metro Energy Solution's Executive Vice President.  "We are pleased that one of the largest and most environmentally conscious companies in the world chose to partner with Metro Energy Solutions.  We look forward to continuing our efforts to assist Ricoh in improving their facilities." 

"We continue to be very pleased with the results that are being achieved with the help of Metro Energy Solutions," stated Taeko Furbeck, Vice President of Facilities.  “ Saving energy and improving the environment are priorities with Ricoh both in the United States and in Japan.  We will continue to implement projects that help us reduce our operating costs while at the same time helping to improve the environment.