WaterFurnace Offer Heat/Cooling System Powered Solar/GeoThermal

FORT WAYNE, IN--(Marketwire - January 10, 2008) - For most homeowners, up to 70 percent of a home's total energy bill goes toward heating, cooling and hot water. Geothermal systems like the Envision series by WaterFurnace (TSX: WFI) capitalize on the solar energy stored year-round just below the earth's surface to provide free, geothermal energy that increases the efficiency of home heating, cooling and hot water systems and reduces energy bills.

-- Free geothermal energy is an unlimited, renewable resource.

-- The Department of Energy and the Environmental Protection Agency (EPA) recognize geothermal systems as the most environmentally friendly, cost-effective and energy efficient heating and cooling technology available.

-- A geothermal heat pump provides a positive cash flow for homeowners and helps utilities achieve significant reductions in their peak demand loads and carbon emissions.

-- Reducing the demand on electric utilities reduces the need for new power plants and the natural resources used to generate electricity.

-- A geothermal system in a 2,500 square-foot home saves the electric utility company more than nine tons of coal a year compared to an electric resistance heating system.

-- In terms of greenhouse gas reduction, installing 100,000 residential geothermal units is equivalent to planting 100,000 acres of trees or permanently removing 200,000 cars from the road.

-- Geothermal systems also help minimize the threats of acid rain, air pollution and global warming that are linked to the burning of fossil fuels.

-- Every 100,000 homes with geothermal heat pump systems reduce foreign oil consumption by 2.15 million barrels annually and reduce electricity consumption by 799 million kilowatt hours annually.