Thanks for all the info folks...
This today from their press release would seem to support the notion that this company is moving in a credible direction. As a former building maintenance manager, I can say with certainty that lighting contracts are HUGE.
In the article, Cooper states that, "LED lighting is clearly the future of lighting for hospitals in an economic sense from the energy cost savings, lifespan and maintenance perspectives, but it also can reduce medical errors, increase staff effectiveness and support more positive patient outcomes." He adds that private financing can pay for the total cost out of a percentage of energy savings with little or no upfront costs. Additionally, LED systems produce less heat, which helps reduce HVAC costs. Moreover, the expansion of utility and governmental incentives can further reduce the cost barriers to its implementation. The article points out that among hospital administrators, it is generally acknowledged that as LED technology evolves and pricing drops, hospitals will move toward LED lighting. (For more on the article, please visit the NexPhase's website per the link below.)