HSCO ( Hi Score Corporation ) recent news : Hi Score Subsidiary-DMD In Final Negotiations With Canadian Firm to Supply Fixtures Throughout Northern Canada
MIAMI, July 13, 2011 /PRNewswire via COMTEX/ -- Hi Score Corporation (PINKSHEETS: HSCOD) announced today that its subsidiary DMD Lighting and Energy Control Systems is in final negotiations with a yet to be disclosed Canadian firm.
The deal calls for DMD to supply thousands of Energy Saving LED Streetlight Fixtures throughout northern Canada. Dominick Falso, COO of Hi Score and CEO of DMD, has been handling the negotiations personally.
"I am very excited about this project," said Dominick. "Not only because it is a huge deal but because it gives us an opportunity to really shine in the Energy Savings Arena. We will be utilizing a combination of traditional electrical technology as well as solar technology."
"Keep in mind we are talking about a part of the globe that does not get a lot of sunshine ... very challenging ... but we know that our technology is up for it ... we are very excited," added Mr. Falso. "The total contract should be in the tens of millions of dollars range over the next five years or so."
Dominick Falso was appointed as Hi Score's Chief Operating Officer in January of this year. The appointment was made just weeks after Mr. Falso accepted the position as CEO of Hi Score owned DMD Lighting & Energy Control Systems Inc. Mr. Falso was brought on to bolster the company's lagging gross sales volume. The company is very optimistic about the future.
