Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Releases NexPhase Financial Payback Presentation for 100,000 S...
May 05 2011 - 9:00AM
Business Wire
Onteco Corporation (OTC: ONTC), (the “Company”, or “Onteco”),
announced today that its subsidiary, NexPhase Lighting, Inc.
(“NexPhase”), a designer, developer and manufacturer of high
efficiency, high quality LED intelligent lighting fixture, today
released a financial payback presentation for a 100,000 square foot
warehouse.
NexPhase has developed the financial payback presentation to
illustrate the proposed savings for a 100,000 square foot warehouse
located in the Metro New York Region using a NexPhase lighting
implementation plan. This quickly illustrates the savings a typical
user will realize if they select NexPhase as their lighting
supplier for these types of properties. NexPhase is actively
engaged in developing relationships and winning contracts for these
types of deployments. The NexPhase Financial payback presentation
can be found in the product section at
www.nexphaselighting.com.
About Onteco Corporation
Onteco Corporation was founded to develop innovative,
practical and cost-effective solutions to some of the most
significant environmental challenges facing us today.
Additionally, these solutions must show promise of generating
significant, ongoing profits for the company. The company
determined that one industry that meets these criteria is the
Energy Saving Lighting Industry, and as a result acquired
NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at:
www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of
proprietary high quality LED (light-emitting diode) lighting
fixtures and control systems for commercial applications. It
believes its products will be the lowest cost, highest efficacy
fixtures available in the LED Lighting Industry. All NexPhase
lighting products incorporate its proprietary “NexSense
TechnologyTM”, which provides benefits well beyond the generally
acknowledged advantages of all other LED lighting fixtures.
NexSense control systems use a unique, “patent pending" wireless
protocol, which provides for an unsurpassed reduction in
architecture and infrastructure installation cost in commercial
applications, as well as significantly reduced maintenance and
ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit:
http://www.nexphaselighting.com
Safe Harbor Statement:
This release includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934. Certain
statements set forth in this press release constitute
"forward-looking statements.” Forward-looking statements include,
without limitation, any statement that may predict, forecast,
indicate, or imply future results, performance or achievements, and
may contain the words "estimate", "project", "intend", "forecast",
"anticipate", "plan", "planning", "expect", "believe", "will
likely", "should", "could", "would", "may" or words or expressions
of similar meaning. Such statements are not guarantees of future
performance and are subject to risks and uncertainties that could
cause the company's actual results and financial position to differ
materially from those included within the forward-looking
statements. Forward-looking statements involve risks and
uncertainties, including those relating to the Company's ability to
grow its business. Actual results may differ materially from the
results predicted and reported results should not be considered as
an indication of future performance. The potential risks and
uncertainties include, among others, the Company's limited
operating history, the limited financial resources, domestic or
global economic conditions -- activities of competitors and the
presence of new or additional competition and conditions of equity
markets.