Highlights for ECOP Shareholders
-- ECOP gains a substantial annual revenue stream and significant market
share in California as well as other high-growth multi-billion dollar US
markets. Sun has completed over 700 projects in 30 states.
-- ECOP gains a national OEM Distribution Channel for ECOP's proprietary
technologies. By utilizing Sun's trusted reputation and well established
network of national distributors, there will be a quicker market
penetration and scale-up of revenues from ECOP's proprietary
technologies.
-- As a manufacturer, ECOP will be able to earn better margins by plugging
directly into end-users via Sun's core business as well as increasing
the profitability of Sun's successful lighting retrofit business.
-- ECOP will be able to generate ongoing revenue from Sun's core lighting
retrofit business with its Radium Light Management System which will
operate under a Software-as-a-Service (SaaS) model for providing Demand
Management and Demand Response services in addition to wireless lighting
controls.
-- ECOP's access to public market financing is anticipated to add $3-5M to
Sun's pre-acquisition revenue forecast of $13.7M for 2015 by providing
increased bonding capacity needed to access the $2 Billion in
California's Proposition 39 funding.
-- ECOP's leading edge proprietary technology aligns perfectly with
California's Title 24 Regulatory changes that require lighting control
systems that are demand response ready for all new commercial and
industrial facilities.
-- Sun's abilities to manage very large and complex lighting retrofit
projects will expand ECOP's reach within Ontario and to key eastern
states like New York.
-- ECOP gains a world class executive team and project management approach
that continuously delivers excellent results for big name clients.
Project examples for 2014 include Santa Ana College ($1.1 million), JC
Penny ($0.6 million), US Banks -- Arkansas portion of national roll-out
($0.3 million), and The Army & Air Force Exchange Service ($0.3
million). Sun has an impressive client roster of past and repeat
customers including Google, JC Penny, Sears, Best Buy, Starbucks, Coca-
Cola, Hewlett Packard, the Federal Aviation Administration and the Navy
Exchange among many others.