Such statements, whether expressed or implied, are based upon current expectations of the Company and speak only as of the date made. Actual results could differ materially from those contained in or implied by such forward-looking statements as a result of a variety of risks and uncertainties over which the Company may have no control. These risks and uncertainties include, but are not limited to, the impact of competitive led flood light products and services, product demand and market acceptance risks, potential costs associated with litigation and regulatory compliance, reliance on key customers, financial difficulties experienced by customers, the cyclical and seasonal nature of our business, the adequacy of reserves and allowances for doubtful accounts, fluctuations in operating results or costs whether as a result of uncertainties inherent in tax and accounting matters or otherwise, unexpected difficulties in integrating acquired businesses, the ability to retain key employees of acquired businesses, unfavorable economic and market conditions, and the results of asset impairment assessments.
We are very excited to continue our work together with CIVIK. We believe the CIVIK LED system combined with our nanotechnology can produce an extremely competitive product in the commercial and government lighting marketplace. Our preliminary studies indicate a potential cost savings of 70% when compared to lights being sold by major competitors. Further to this - and more important - our studies indicate that the new LED light system could potentially increase energy saving up to 78% to the end user. The new LED lighting system will be smaller, emits the same light as the current lighting systems used by municipalities and shopping malls, but require much less energy and maintenance. This would represent a double win for municipalities which could then recover the cost of implementation through the energy cost savings.
The companies are working together to establish a Letter of Intent (LOI) which would outline the establishment of a strategic alliance and joint venture for the manufacturing and distribution of the technology.The Company is pleased to report that the joint venture partnership is currently reviewing two orders for 180,000 new LED Lights worth an estimated $54 million USD. We are working quickly to complete the testing and make the Led high bay light necessary arrangements to commercialize the products should we be awarded these first orders.Applying the nano diamond coating on the LED light glass face thereby benefiting the system by making the light brighter and protecting it against environmental damage.
you can read more: http://yahamflood.blogspot.com/2013/11/we-will-be-introducing-additional.html
We are very excited to continue our work together with CIVIK. We believe the CIVIK LED system combined with our nanotechnology can produce an extremely competitive product in the commercial and government lighting marketplace. Our preliminary studies indicate a potential cost savings of 70% when compared to lights being sold by major competitors. Further to this - and more important - our studies indicate that the new LED light system could potentially increase energy saving up to 78% to the end user. The new LED lighting system will be smaller, emits the same light as the current lighting systems used by municipalities and shopping malls, but require much less energy and maintenance. This would represent a double win for municipalities which could then recover the cost of implementation through the energy cost savings.
The companies are working together to establish a Letter of Intent (LOI) which would outline the establishment of a strategic alliance and joint venture for the manufacturing and distribution of the technology.The Company is pleased to report that the joint venture partnership is currently reviewing two orders for 180,000 new LED Lights worth an estimated $54 million USD. We are working quickly to complete the testing and make the Led high bay light necessary arrangements to commercialize the products should we be awarded these first orders.Applying the nano diamond coating on the LED light glass face thereby benefiting the system by making the light brighter and protecting it against environmental damage.
you can read more: http://yahamflood.blogspot.com/2013/11/we-will-be-introducing-additional.html
评论
发表评论