InvestorsHub Logo
Followers 7
Posts 807
Boards Moderated 0
Alias Born 01/23/2007

Re: None

Thursday, 02/24/2011 1:29:43 PM

Thursday, February 24, 2011 1:29:43 PM

Post# of 17663
Nice press release! Keep it up guys. This could take off at any time.

Jon Cooper, President & CEO of its wholly-owned subsidiary NexPhase Lighting, Inc., a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is quoted in the February edition of Health Facilities Management Magazine ("HFM"), for which his viewpoint was sought on the future use of LED lighting in hospitals.

HFM is a publication of the American Hospital Association, and is the most trusted and credible publication in its field. The article explores the trend toward the use of LED lighting systems in health care facilities throughout the United States.

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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.