The name of the consolidated
entity is Glenro Inc. More recently, TRCM has also been
manufacturing Glenro flatbed laminating machines. Having
laminated the product on one of our flatbed laminating machines in the
contract laminating facility insures that the Glenro laminating
machine that the customer purchases will produce a high quality
laminated product immediately .

In others, the processing is merely a step along the way.

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A recent example of TRCM's success was
designing and manufacturing stainless steel coal chutes to replace old
tile lined coal chutes.

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George Boyadjieff Oil/Gas Well Drilling Industry Expert Joins Power Efficiency Corp. as Senior Technical Advisor

3-billion
in annual revenues, has joined Power Efficiency Corporation as Senior
Technical Advisor .powerefficiencycorp."
Eric Naroian retired from Sanmina in 2004 as the Executive Vice President
of Sales and Marketing.

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(The company recently merged with National Oil Well
(symbol NOV).
"George will help our company develop new products, provide general
business advice, and help us enter the oil field market, a very large market
with great potential in which we are just starting to make inroads," said
Strasser. He is a resident of
Villa Park, Orange County, CA. Power Efficiency is committed to helping
businesses control energy costs and achieve their energy-savings goals. Over
several thousand Power Efficiency Motor Controllers have been sold and
successfully installed in various applications in North America.
In announcing the consolidation Gary Van Denend, who has been
President of Glenro and TRCM said, "As a manufacturer I know the
importance of working with innovative suppliers who offer goods and
services that enable Glenro to reduce costs, increase efficiencies and
create new capabilities. The company
operated for over 100 years in Ripley, Ohio where it was known as The
Ripley Corporation.
"I am excited to join the board of Power Efficiency Corporation ," said
Naroian.

(For example metalworking machinery is allocated to the Cutting_Equipment and Machine_Tools categories, just as tanning equipment and shoe making machines will be found in the Leatherworking_Machinery category.

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Glenro also
offers contract laminating services for making technical textiles and
consolidating nonwovens and is expanding contract laminating services. "We
are delighted he is joining our board . The Company also has a prototype unit
applicable to single phase electronic motors that are found in applications
such as clothes dryers, refrigerators, vending machines, mixers and coffee
grinders .

centrifuges stirred

The Company's mission is to deliver innovative and high quality energy
saving products to its customers. Power
Efficiency's products are approved by the European and Canadian Standards
Association , and independent United States Government laboratories.
Lackland at 702-697-0377.

straighteners pulverizers

The Company also has a prototype unit
applicable to single phase electronic motors such as clothes dryers,
refrigerators , vending machines, mixers and coffee grinders.com or contact B.J. For over 45 years Glenro infrared heaters and
ovens, hot air dryers, thermal oxidizers, flatbed laminating machines,
and most importantly , process heating engineering have helped
customers reduce energy costs, increase line speeds and productivity,
as well as develop and make new products.

As a cautionary note to investors , certain matters discussed in this press
release may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve risks and
uncertainties that may cause actual results to differ materially, including
the following: changes in economic conditions; general competitive factors;
acceptance of the Company's product in the market; the Company 's success in
technology and product development; the Company's ability to execute its
business model and strategic plans; and all the risks described from time to
time in the Company's SEC filings .

shopfloor sifters

Steven Strasser, CEO of Power Efficiency Corporation, made
the announcement.5-billion in sales.

Deviation
may result from risk and uncertainties, including, without limitation, the
Company's dependence on third parties, market conditions for the sale of
services, availability of capital , operational risk and uncertainties and
those detailed in the Company's filings with the Securities and Exchange
Commission. and the manufacturing operations in Maysville
will be the TRCM Division of Glenro Inc.
Thomas Van Denend, Vice President and Product Manager Lamination said,
"Contract laminating allows Glenro to process high value added
products for customers until they see fit to do the manufacturing
themselves with one of our flatbed laminating machines.J.

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Power Efficiency Corporation designs and manufactures energy saving motor
controllers which include a soft start for constant speed-variable load AC
induction motors.
"We intend on serving the process heating needs of our customers well
into the future," said Van Denend.
From 1997 to 2000, Mr.

nrm stirrers

The statements contained in this release, which are not historical facts,
may be deemed to contain forward-looking statements, including, but not
limited to, deployment of new services, growth of customer base and sales, and
growth of service area, among other items and other statements identified by
words such as "may," "could," "would," "should," "believes," "expects,"
"anticipates," "estimates," "intends ," "plans," or similar expressions. When he retired in 2004, revenue had grown
to over $10 billion and he managed a sales organization of over 400 people. During his tenure at Dynamic
Details, Mr .

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He holds BS and MS
degrees in Mechanical Engineering from the University of California at
Berkeley and is a graduate of the UCI executive program."
Glenro has been supplying process heating equipment since 1958. "His experience with Sanmina, a leading electronics
manufacturing service provider, gives Eric great insight into our sales and
marketing efforts and will help accelerate our growth ," said Strasser.

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patents, many of them
contributing substantially to the revenue growth of Varco , is considered the
industry's leading expert in Oil and Gas well drilling equipment. The savings from these controllers are typically 15-35%, but
can be as high as 45%. For more
information visit http://www.J. Lackland
at 702-697-0377. The Company disclaims any obligation to update information
contained in any forward-looking statement.

Eric Naroian Former Executive Vice President of Sanmina -SCI Corporation Named to Power Efficiency Corporation Board of Directors

nrm sifters

Actual results may differ materially from those anticipated in any forward-
looking statement with regard to magnitude , timing or other factors. Sanmina had approximately $60 million in annual sales
when he joined the company in 1993. The controllers
also reduce the operating heat of the motor, which provides significant motor
life extension and downtime reduction benefits.powerefficiencycorp.

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LAS VEGAS, Power Efficiency Corporation
(OTC Bulletin Board: PEFF), a developer and international marketer of patented
energy -saving devices for alternating current induction motors, announced
today that George Boyadjieff, the retired CEO of the former Varco
International, a NYSE, diversified Oil Service Company with over $1. "With his
vast knowledge of and contacts in the industry, we are excited that he has
accepted the position and welcome him to our team," concluded Strasser. of Paterson, New Jersey and TRCM of Maysville ,
Kentucky announced today that Glenro and TRCM have consolidated
operations effective January 01, 2005. "In fact, we have recently added
high intensity infrared heat tunnels to our infrared oven line and are
now offering our popular Radround(R) infrared heaters with the same
rapid response infrared heating elements that we use in our
Radplane(R) infrared heaters and ovens. Naroian grew sales rapidly and helped the company have a
successful initial public offering.

withering agitators

Glenro has
manufactured infrared heaters and ovens in New Jersey since 1958 and
in Paterson since 1979.

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Boyadjieff, who holds over 50 U.
Since 1988 TRCM, a contract manufacturing company, has
manufactured hot air dryers and thermal oxidizers that Glenro has
sold, designed and engineered."
Glenro's engineering, lab , sales support, marketing, accounting
and human resources will continue at the current location in Paterson.com or contact B.

reactors tableting

Glenro will
continue to offer one of the broadest lines of process heating
equipment that includes infrared, convection and conduction heat
transfer technologies .

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These motors are found in
escalators, elevators, grinders, granulators, mixers, saw mills, oil well
pumps and many other applications.

thickener stirrers

Boyadjieff began his career working for Lawrence Livermore National
Laboratory as a research engineer.

Business Editors

PATERSON, N. This consolidation will give
Glenro the flexibility and capacity to continue to provide innovative
industrial ovens and dryers that are manufactured in the United States
at competitive costs.
Glenro sales consultants will continue to work from regional sales
offices and the Paterson facility will continue to have a shop for
fast turnaround on repairs for northeast and southeast customers and
for building developmental infrared heaters, dryers and ovens.
The TRCM division of Glenro will also continue to provide contract
manufacturing of metal fabrications and laser cut parts. LAS VEGAS, Power Efficiency Corporation
(OTC Bulletin Board: PEFF), a developer and manufacturer of advanced energy
savings technologies for electric motors, today announced that it has
appointed Eric Naroian, former Executive Vice President of Sales and Marketing
for Sanmina-SCI Corporation, to its Board of Directors.

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TRCM is now expanding and manufacturing some
of Glenro's infrared heaters and ovens. The savings from these
controllers are typically 15-35%, but can be as high as 45%.

stirred wurth

Since late 2000 Glenro has been offering flatbed laminating
machines and complete flatbed laminating production lines.
"Eric brings a wealth of sales and marketing expertise to the Power
Efficiency Board," said Steve Strasser, Power Efficiency 's Chairman and Chief
Executive Officer. Naroian left Sanmina and served as Senior Vice
President for Dynamic Details, Incorporated, a fast growing provider of time
critical electronic manufacturing services."

About Power Efficiency Corporation
Power Efficiency Corporation designs and manufactures controllers that
reduce the amount of energy used by electric motors. Power Efficiency assumes no obligation to
update the information in this release.

agitators straighteners

Boyadjieff was at Varco International for 34 years and, acting in roles
including Chief Engineer and CEO, grew the company from $3-million to over
$1. The controllers also provide significant motor life
extension and downtime reduction benefits, and are UL compliant and CE and CSA
certified." This product line extension
will enable manufacturers of tubing, insulated wire and extruded
profiles to enjoy the benefit of almost instant heat-up and cool-down
that manufacturers who dry and predry technical textiles and coated
webs enjoy with Glenro's infrared heaters and ovens. TRCM also offers design capabilities to help
customers who need engineering services as well as contract
manufacturing services. The new chutes improved the flow of coal dust
to lime purifying furnaces while reducing time consuming maintenance
and fire hazards.

"The company has an outstanding energy technology with a very large
market potential, especially in today's world of rising energy prices and
pressures to reduce harmful emissions from the production of electricity. I
look forward to helping the company accelerate their growth and further
develop their technology. The controllers are UL
compliant and CE and CSA certified .

nrm dewaxing

Glenro and TRCM Consolidate Operations

These motors are found in escalators, elevators, grinders , granulators,
mixers, saw mills and many other applications.

This category -- and the subcategories included with it -- brings together sites concerned with the supply and service of machines, systems , and associated ancilliary equipment that, in one way or another, alter the nature or condition of batches of materials, components, or parts that have so far probably been only partially manufactured.

Whatever the case, a change certainly occurs between the input and output stages.

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He also worked for the Bendix Corporation,
now a part of Honeywell, as an aerospace project engineer.
Power Efficiency Corporation provides proprietary energy management
technology solutions.

For more information visit http://www.

yaw sifters

S. The company's core technology, which is based on
patented improvements to NASA technology , is effective on motors that run at
constant speeds and under variable loads. + MAYSVILLE, Ky.-- --Glenro Inc. The Company's core
technology, which is based on patented improvements to NASA technology , is
effective on motors that run at constant speeds and under variable loads.

In some cases, the end result is a finished product.

Note: Process Equipment sites usually have applications to a range of industries rather than one specific type of manufacturing.

In contrast, sites that have an obvious relationship to a particular area of manufacturing are indexed in categories that conform with that relationship.