LOS ANGELES--(BUSINESS WIRE)--May 16, 2018--In the second paragraph, second sentence of release, the list of names has been amended.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180516005444/en/

LA Kings and AEG will bring BluEco Liquid Crystalline Turbex™ System to arenas - such as STAPLES Center - and teams worldwide, enhancing the NHL’s Greener Rinks Initiative. (Photo: Business Wire)

The corrected release reads:

AEG AND LA KINGS PARTNER WITH BLUECO TECHNOLOGY GROUP ON REVOLUTIONARY NEW WATER AND ICE DEVELOPMENT TECHNOLOGY FOR STADIUMS AND ARENAS, MAXIMIZING ENERGY EFFICIENCY, IMPROVING IN-VENUE CLIMATE AND PROVIDING COST SAVINGS

LA Kings / AEG to Bring BluEco Liquid Crystalline Turbex™ System to Arenas and Teams Worldwide Enhancing the NHL’s Greener Rinks Initiative

AEG, the world’s leading sports and entertainment company, and its National Hockey League (NHL) franchise, the LA Kings, have formed a joint venture with BluEco Technology Group to introduce a revolutionary new BluEco Liquid Crystalline Turbex™ (LCT™) environmental technology for arenas and public facilities. The BluEco LCT System produces pure water while cleaning indoor air and significantly reducing energy costs for arena and facility operators and owners. Additionally, the BluEco LCT improves spectator and player comfort in a wide variety of venue climates and provides material operational cost reductions to teams and arena management.

AEG and BluEco will further the NHL’s Greener Rinks mission by bringing the technology to professional and community facilities across the globe. The announcement was made today by AEG President and CEO Dan Beckerman, AEG Sports’ Chief Operating Officer, Kelly Cheeseman and President of BluEco Technology Group, Scott Morris.

The proprietary BluEco Liquid Crystalline Turbex technology is a molecular level environmental air-flow management system. This innovative processor produces the highest quality of water while at the same time efficiently managing the interior air-flow, cleansing the air from particulates, and allowing for significant energy savings. The formulated ice has fewer impurities and a clearer, harder, more dense surface. Additionally, the technology eliminates an arena’s reliance on the municipal water systems to create and maintain its ice sheet. The BluEco LCT System was piloted at STAPLES Center during the LA Kings’ 2017-2018 season.

Said Beckerman: “Through our partnership with BluEco, we have introduced an innovative technology that addresses the two most critical issues facing hockey franchises and venue owners: the quantity of water needed to create ice sheets and the quality of the ice that forms. We are excited to launch this new system in conjunction with the NHL which shares our vision and commitment to sustainability. For more than a decade, AEG has been dedicated to reducing our carbon footprint and water usage, which is especially important in water-stressed areas like Los Angeles. Our mission is to facilitate the adoption this game-changing advancement with other teams and arenas, making an impact on hockey and conservation.”

“Innovative technologies like BluEco allow our Clubs to ‘test and learn’ around creative solutions that will not only result in greater efficiencies, but can represent sustainable access to our sport,” said Kim Davis, Executive Vice President of Social Impact, Growth and Legislative Affairs at the NHL. “These types of solutions will ultimately provide a gateway for the broader community rink industry to ensure that our game is accessible and an enjoyable family experience, and that our sport thrives for future generations.”

As a result of the BluEco LCT system pilot program that launched during the LA Kings most recent hockey season, STAPLES Center saved hundreds of thousands of gallons of water over the entire season and has also lowered the carbon footprint of one of the busiest and well-known arenas in the world.

“BluEco is thrilled to be partnering with AEG and the LA Kings in this venture,” said Morris. “By joining forces with these gold standard organizations, we have a tremendous opportunity to demonstrate, at the highest levels, that arenas and public facilities can, in fact, provide a better and healthier indoor environment while also saving a significant amount of money. The results have proven beneficial to the customer, the fan base, and just as importantly, to our environment.”

“Our partnership with BluEco positions us on the forefront of an innovative technology that we plan to bring to arenas around North America and globally,” says Cheeseman. “By strategically and efficiently managing indoor air-flow, we no longer need to run air-conditioning at low temperatures to maintain quality ice, thereby delivering fans a better arena experience. Additionally, the BluEco LCT system is not only cheaper to run but makes our existing HVAC system more efficient and less energy consuming.

While the BluEco LCT System has been developed specifically for hockey and the creation of ice sheets in venues, there are broader applications of the technology for any large indoor public facility that require water production and/or optimal energy management and efficiencies, such as data centers, warehouses, laboratories, cold storage facilities, golf courses, among other opportunities.

B-roll of the BluEco LCT System and video soundbites from Luc Robitaille, President of the LA Kings, Kelly Cheeseman, Chief Operating Officer, LA Kings and Scott Morris, CEO, BluEco can be found https://tinyurl.com/AEGBluEco.

About the BluEco Liquid Crystalline Turbex™ (LCT) System:

The BluEco Liquid-Crystalline Turbex (LCT) technology is a proprietary molecular level environmental air-flow management system. This innovative processor produces the highest quality of water while at the same time efficiently managing the interior airflow, cleansing the air from particulates, and allowing for significant energy savings. The formulated ice has fewer impurities and a clearer and harder surface. Additionally, the technology eliminates an arena’s reliance on the municipal water systems to create and maintain its ice sheet. The BluEco LCT system is an extremely efficient stand-alone “plug and play” system and does not require integration with ducting or replacement of existing systems.

About AEG

Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. With offices on five continents, AEG operates in the following business segments: AEG Facilities, which is affiliated with or owns, manages or consults with more than 150 preeminent arenas, stadiums, theaters, clubs and convention centers around the world including STAPLES Center, The O2 Arena, the Sprint Center and the Mercedes-Benz Arenas; AEG Presents, which is dedicated to all aspects of live contemporary music performances, including producing and promoting global and regional concert tours, music and special events and world-renowned festivals; AEG Real Estate, which develops world-class venues, as well as major sports and entertainment districts like STAPLES Center and L.A. LIVE; AEG Sports, which is the world’s largest operator of sports franchises and high-profile sporting events; and AEG Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating and other strategic partnerships. Through its worldwide network of venues, portfolio of powerful sports and music brands, AXS.com ticketing platform, AXS cable television channel and its integrated entertainment districts, AEG entertains more than 100 million guests annually. More information about AEG can be found at www.aegworldwide.com.

About BluEco:

BluEco is on the cutting edge of environmental “green” technology. BluEco’s revolutionary eco-friendly system can produce large quantities of pure water while efficiently managing air-flows at the molecular level, thus reducing energy costs in the world’s premier venues and facilities resulting in a tremendous reduction in a business’ carbon footprint. The BluEco system is a stand alone “plug and play” system which seamlessly integrates into venues without the necessity of replacing existing HVAC systems, is extremely efficient and operates in all climates. More information can be found at www.BluEco.Green

View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005444/en/

CONTACT: AEG

Michael Roth, 310-308-7684

mroth@aegworldwide.com

or

LA Kings

Mike Altieri, 310-717-8903

maltieri@aegworldwide.com

or

Rubenstein Communications

Eric Kuo, 212-843-8494

ekuo@Rubenstein.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: HOCKEY ENERGY ALTERNATIVE ENERGY UTILITIES OTHER ENERGY ENTERTAINMENT TECHNOLOGY OTHER TECHNOLOGY GENERAL ENTERTAINMENT GENERAL SPORTS COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS SPORTS

SOURCE: AEG

Copyright Business Wire 2018.

PUB: 05/16/2018 02:16 PM/DISC: 05/16/2018 02:16 PM

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