RVLT...
Revolutionary New Product From Revolution Lighting Technologies
Mar 26 2013, 09:46 | about: RVLT, includes: LLL, LMT
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Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in RVLT over the next 72 hours. (More...)
On March 25, 2013, Revolution Lighting Technologies (RVLT) announced that they have produced a breakthrough product in the tube lighting market. Tube lights are the most commonly used lighting type in buildings around the world. RVLT's new "Seesmart Tube Light" produces the highest light output while using the lowest wattage in the tube light category. RVLT, previously known as Nexxus Lighting has been under the radar thus far, but is poised to breakout.
RVLT specializes in LED lighting technology, an industry that has seen huge growth over the last five years and shows potential to grow even faster in the next five. Current projections show the LED lighting industry growing 34% annually in the future, reaching $159 billion by 2020. With an industry experiencing strong growth and showing exciting potential, the answer to the question of who will be the benefactor of this transitioning market will offer some investors exponential returns.
RVLT's Leadership and Their Prior Successes
The most important, fundamental aspect of a growing company, is leadership. RVLT rises above the competition because it has one of the most capable CEO's in the technology industry. Led by Robert LaPenta, the management team of RVLT brings the necessary leadership to Nexxus Lighting.
Robert LaPenta, CEO of RVLT, has a remarkable history for not only leading but investing in companies that produced remarkable returns. LaPenta started as Vice President of Lockheed Martin (LMT) and used his experience to start several technology companies in industries that he felt would have great future growth.
In 1997, the market for intelligence and communications was pinpointed by LaPenta as a possible future growth industry. Based on this foresight, in 1997 Robert LaPenta cofounded a company called L-3 Communications Holdings (LLL). Today, has become an industry leading, $7.23 billion company specializing in communications, intelligence, and other types of aircraft modernization for the militaries of the US and its allies. LLL boasts over 51,000 employees and $13 billion in sales, which illustrates LaPenta's expertise in effectively building a company.
