10 February 2004
Zamil Air Conditioners (ZAC) further enhances its prominence as a leading Middle Eastern manufacturer of air conditioning systems, by introducing enhanced Application Software to enable its central air conditioning solutions to be perfectly matched to the specific cooling requirements of any building type and size. The company’s ‘Zamil AC e-Selector’ software – as used by ZAC dealers and engineers as well as by contractors and consultants in the design phase of building projects – ultimately offers financial benefits to building owners and operators.
“By complying with the parameters of the application, construction industry experts in Saudi Arabia can now ensure the most suitable central air conditioning systems are identified for specific building types and sizes, and this ‘right matching’ alignment can result in financial savings through power consumption efficiencies,” said Mr. Abdullah Al Zamil, Senior Vice President, ZAC.
“The recommendation of a particular climate control system is based upon pre-determined building criteria applicable to the harsh climate in Saudi Arabia. This software provides the engineer with various AC unit options for a certain application, and then the engineer selects the option that he believes is most suitable. This software is a consistently perfect facilitator as it enables the deployment of an optimal solution which produces the convenient temperature while at the same time minimises the negative impact of under or over capacity products,” added Mr. Al Zamil.
The software was launched through a series of customer-focused seminars which have already been held in Jeddah and Riyadh, and which will take place in Dammam during February. The attending audiences include some 200 ZAC engineers and dealers as well as consultants and contractors from within the Kingdom. An overview of ZAC’s growing product portfolio is also featured among the seminar topics.
Committed to furthering the sophistication and development of the HVAC industry, ZAC intends to create international versions of its proprietary software in line with its growing export business to global markets.
-Ends-
About Zamil Air Conditioners
Zamil Air Conditioners (ZAC) was founded in 1974 as one of the first air conditioning business to be established in Saudi Arabia and today is a leading international manufacturer of air conditioning systems and is Number 1 in the Middle East. It designs, manufactures, tests, markets and services a comprehensive range of air conditioning products, which range from compact room air conditioners and mini splits to large scale central air conditioners, chillers and air handling units for highly specialised commercial and industrial applications. These are marketed under various brand names – Classic, Cooline, Cool Care, Clima Tech, Kessler Tech and Geoclima – depending on specific markets.
ZAC is also involved in the production of branded air conditioners for several leading international manufacturers under an Original Equipment Manufacturer (OEM) agreement. It operates a joint venture between Zamil Industrial Investment Company (ZIIC) and General Electric, called Middle East Air Conditioners Ltd. (MEAC). As a result of excellent production facilities at ZAC, a range of GE-branded air conditioning consumer products are produced for Saudi Arabia and other Gulf countries. ZAC has been vigorously moving into newer markets, seeking strategic alliances and investing heavily in R&D.
ZAC is one of three sector businesses of Zamil Industrial Investment Company.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998. It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs 5,000 people in 50 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, transmission towers, open web joists and decks, and architectural glass processing solutions to meet the requirements of the global construction industry through its three sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com) and Zamil Glass Industries (www.zamilglass.com).
ZIIC exports to more than 75 markets and derives 40% of revenues from outside Saudi Arabia. For the year ended 31 December 2003, net profits after Zakat contributions reached SAR 50.3m (US$ 13.4m), a growth of 11% over 2002 (SAR 45.2m ($ 12.1m)). Post Zakat earnings per share also grew by 11% to SAR 8.39 ($2.24), up from SAR 7.56 ($2.02) during the same period in 2002. ZIIC’s shares have been actively traded on the
Saudi Equity Market since early 2002. More information can be found at www.ziic.com.
For further information on this press release, please contact Zamil Industrial Investment Co., Public & Investor Relations Dept., Tel: (966) 3 8471840, Fax: (966) 3 8472574, Email: saidaldaajani@ziic.com
Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton. For more information contact Jamil Alsharif on Tel: +973 533532, Fax: +973 533370, or e-mail jsharif@hillandknowlton.com.bh
Zamil Air Conditioners (ZAC) further enhances its prominence as a leading Middle Eastern manufacturer of air conditioning systems, by introducing enhanced Application Software to enable its central air conditioning solutions to be perfectly matched to the specific cooling requirements of any building type and size. The company’s ‘Zamil AC e-Selector’ software – as used by ZAC dealers and engineers as well as by contractors and consultants in the design phase of building projects – ultimately offers financial benefits to building owners and operators.
“By complying with the parameters of the application, construction industry experts in Saudi Arabia can now ensure the most suitable central air conditioning systems are identified for specific building types and sizes, and this ‘right matching’ alignment can result in financial savings through power consumption efficiencies,” said Mr. Abdullah Al Zamil, Senior Vice President, ZAC.
“The recommendation of a particular climate control system is based upon pre-determined building criteria applicable to the harsh climate in Saudi Arabia. This software provides the engineer with various AC unit options for a certain application, and then the engineer selects the option that he believes is most suitable. This software is a consistently perfect facilitator as it enables the deployment of an optimal solution which produces the convenient temperature while at the same time minimises the negative impact of under or over capacity products,” added Mr. Al Zamil.
The software was launched through a series of customer-focused seminars which have already been held in Jeddah and Riyadh, and which will take place in Dammam during February. The attending audiences include some 200 ZAC engineers and dealers as well as consultants and contractors from within the Kingdom. An overview of ZAC’s growing product portfolio is also featured among the seminar topics.
Committed to furthering the sophistication and development of the HVAC industry, ZAC intends to create international versions of its proprietary software in line with its growing export business to global markets.
-Ends-
About Zamil Air Conditioners
Zamil Air Conditioners (ZAC) was founded in 1974 as one of the first air conditioning business to be established in Saudi Arabia and today is a leading international manufacturer of air conditioning systems and is Number 1 in the Middle East. It designs, manufactures, tests, markets and services a comprehensive range of air conditioning products, which range from compact room air conditioners and mini splits to large scale central air conditioners, chillers and air handling units for highly specialised commercial and industrial applications. These are marketed under various brand names – Classic, Cooline, Cool Care, Clima Tech, Kessler Tech and Geoclima – depending on specific markets.
ZAC is also involved in the production of branded air conditioners for several leading international manufacturers under an Original Equipment Manufacturer (OEM) agreement. It operates a joint venture between Zamil Industrial Investment Company (ZIIC) and General Electric, called Middle East Air Conditioners Ltd. (MEAC). As a result of excellent production facilities at ZAC, a range of GE-branded air conditioning consumer products are produced for Saudi Arabia and other Gulf countries. ZAC has been vigorously moving into newer markets, seeking strategic alliances and investing heavily in R&D.
ZAC is one of three sector businesses of Zamil Industrial Investment Company.
About Zamil Industrial Investment Company
Zamil Industrial Investment Company (ZIIC) was founded in 1998. It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs 5,000 people in 50 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, transmission towers, open web joists and decks, and architectural glass processing solutions to meet the requirements of the global construction industry through its three sector businesses: Zamil Air Conditioners (www.zamilac.com), Zamil Steel Industries (www.zamilsteel.com) and Zamil Glass Industries (www.zamilglass.com).
ZIIC exports to more than 75 markets and derives 40% of revenues from outside Saudi Arabia. For the year ended 31 December 2003, net profits after Zakat contributions reached SAR 50.3m (US$ 13.4m), a growth of 11% over 2002 (SAR 45.2m ($ 12.1m)). Post Zakat earnings per share also grew by 11% to SAR 8.39 ($2.24), up from SAR 7.56 ($2.02) during the same period in 2002. ZIIC’s shares have been actively traded on the
Saudi Equity Market since early 2002. More information can be found at www.ziic.com.
For further information on this press release, please contact Zamil Industrial Investment Co., Public & Investor Relations Dept., Tel: (966) 3 8471840, Fax: (966) 3 8472574, Email: saidaldaajani@ziic.com
Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton. For more information contact Jamil Alsharif on Tel: +973 533532, Fax: +973 533370, or e-mail jsharif@hillandknowlton.com.bh
© Press Release 2004
