Power Efficiency Corp. (OTC BB: PEFF)

Power Efficiency Corporation engages in the design, development, marketing, and sale of solid state electrical components that reduce energy consumption in alternating current induction motors. Its principal product includes the three phase motor efficiency controller (MEC), which is used in industrial and commercial applications, such as rock crushers, granulators, and escalators. The company also offers a single-phase MEC that reduces energy consumption in electric motors by sensing and controlling the amount of energy the motor consumes. Its products serve end users, such as retail chains, hotels, airports, transit systems, mining, plastics, and manufacturing companies. Power Efficiency Corporation sells its products primarily through direct sales, original equipment manufacturers, and resellers principally in the United States. The company was incorporated in 1994 and is based in Las Vegas, Nevada.