Sales heating up for Earth to Air - Minneapolis / St. Paul Business Journal:

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Formed in 2002, Earth to Air Systemsa develops heating and cooling systems based on a technologty known as directexchange geothermal, callesd DX in the industry. The company’x applications have been shown to reduce heatinvg and cooling costs by 50 percent to 80 CEO RandyWiggs says. Earth to Air’sd system bypasses the more conventional geothermal heatinhg andcooling model. Insteafd of using water as a source, the technology skipe a step and controls heating and temperaturews directly from the earth with copper The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then pipecd throughthe tubes.
Earth to Air’s revenuwe comes from licensing fees collected from heatinhg and cooling companies who decide to marker and install the Earth to Air got its firstg international distributor two years ago when Australian entrepreneudr John Gagliardi embraced the Hesays he’s secured more than $30 million in including contracts with school systems, mining camps, housing projects and major corporations, such as BP. “We are movinbg into significant profitability,” Galiardi says, adding that he’sw planning on expanding into the Southeast Asiamarket soon. Galiardi predicts that Earthu to Air willbecome “a billion dollar businesss or more.
” Sales in the firsgt quarter were up 60 percent from the same time last “We’re living in an time when there’s a huge demanxd (for products) to reduce our dependence on foreign Gagliardi says. “Twenty years ago this wouldn’y have worked. It wouldn’t have even worked 10 year ago. But now the potentialo is huge.” There are multiplde installations of Earthto Air’s geothermal systek in the United States, but the compangy is just now setting up a formal distributofr network, says Clayton Washburn, chief operations officer at Earth to Air.
“Oue biggest struggle is havingy to say noat times,” Washburn “We’re preparing for a much bigger