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Monday, June 30, 2014 12:30:33 PM
Energy Focus Selected as a Preferred LED Lighting Vendor by Leading Global Real Estate Services Company
GlobeNewswire
Energy Focus, Inc. 3 hours ago
SOLON, Ohio, June 30, 2014 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (EFOI), a leader in LED lighting technologies, today announced that the world's largest privately held real estate services company will start offering Energy Focus' LED lighting products to its properties through its preferred vendor program.
The preferred vendor program includes approximately 80 global preferred suppliers qualified through the real estate services company's rigorous due diligence process for product quality and company credentials. The program will encourage and promote the use of Energy Focus' tubular LED lighting products for retrofitting existing fluorescent fixtures, which can reduce lighting electricity costs of commercial buildings by 50% to 75%. The program also covers Energy Focus' other commercial and industrial LED lighting products, including parking luminaries, suspended linear direct/indirect fixtures, high-bay fixtures, outdoor wall packs, landscape lights, heavy duty dock lights, industrial strip lights and vapor strips.
"We are extremely pleased and excited to have been selected as a preferred LED retrofit lighting provider for this leading global property manager with over 4,000 managed properties that span approximately 500 million square feet in the U.S. alone," said James Tu, Executive Chairman and Chief Executive Officer. "This partnership not only opens a new and sizable market channel for Energy Focus, but also allows us to offer high quality LED lighting products and solutions at the lowest possible cost through our direct sales and service organization."
Energy Focus' extensive history as an LED technology development partner of the U.S. Government, as well as leading Energy Service Companies, has enabled it to provide both advanced and economical LED lighting products to the military, federal, state and municipal entities. "We now look forward to leveraging our leading LED lighting retrofit capabilities to expedite LED lighting adoption and help our clients significantly enhance buildings' energy efficiency in the commercial and industrial markets," concluded Mr. Tu.
Forward Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Generally, these statem
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