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Thursday, 03/29/2012 8:19:17 AM

Thursday, March 29, 2012 8:19:17 AM

Post# of 17663
News OUT : Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Announces Completion of Delivery of Product for Othmer Hall Project

Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Announces
Completion of Delivery of Product for Othmer Hall Project

MIAMI, March 29, 2012 /PRNewswire via COMTEX/ -- Onteco Corporation
(otc.qb:ONTC), (the "Company", or "Onteco"), announced today that its subsidiary,
NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of
high efficiency, high quality LED intelligent lighting fixtures, has completed
the delivery of product for the Othmer Hall Project.

Dror Svorai, CEO of Onteco, stated, " We have successfully completed the delivery
of product for the Othmer Hall Project. We are happy to report that this
installation of NexPhase LED product is performing well and is saving our
customer over 80% of their lighting energy costs in the facility while improving
their lighting performance dramatically. Othmer Hall was a perfect application
for our LED product and these types of installations further substantiate why LED
is gaining traction in the lighting marketplace and continuing to undergo rapid
deployment. Our sales strategy is to continue implement a proactive selling
strategy. Please go to the following link to learn more about this project.
Please see bullet point five in particular.
http://archive.poly.edu/_email_assets/ct-update-sep2011/CT-Update.html
Click for Detail

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