Wednesday, July 20, 2011 5:42:45 PM
BALTIMORE, MD--(Marketwire - May 24, 2011) - SavWatt USA, Inc. (OTCBB: SAVW) pioneers in LED lighting and the Green Revolution, announced today that as a result of overwhelming interest in SavWatt's products at the recent LightFair Exhibition in Philadelphia, Company sign ups of Energy Service Providers and Electrical Supply Distributors as SavWatt Partners will exceed 100 by month end. Partners that sign up with SavWatt receive discounts from SavWatt's standard list price, enabling them to readily resell SavWatt products. With an annual minimum target of $100,000 in purchases required in the agreement in order to maintain their partnership, management projects over $10 million in revenues for the first twelve months of operations.
Michael Haug, CEO of SavWatt commented, "The May 16-19, 2011 International LightFair Show was a very significant debut for SavWatt. We had an overwhelming positive reception and large number of visitors to our booth, especially due to our Eco-Pole exhibit. SavWatt demonstrated that we have what it takes to be a major force in the LED Lighting and Green revolution. We have pre-booked our bigger space for next year's LightFair 2012 in Las Vegas."
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