June 23, 2010 - PureSpectrum presenting dimmable product lines to New York’s top real estate management firms
June 23, 2010
LVI Energy hosting private lunch and learn for approximately 30 of city’s largest commercial real estate holdings companies
SAVANNAH, GA
Following PureSpectrum’s appearance at BuildingsNY/GreenBuildingsNY last week in New York, program sales manager Nick Peragine was invited to be a featured speaker and PureSpectrum will be the only lighting company presenting at the luncheon session taking place today. LVI Energy is one of the nation’s leading energy service companies, providing rebate tracking and tax credits, energy audits, power factor correction assessments, site surveys, demand response programs and measurement and verification to customers on a national basis. The company’s turnkey energy solutions include retrofits or replacement programs for HVAC&R systems, lighting, signage and roofing.
“This is a great opportunity to introduce and discuss our products with commercial real estate companies that either own or make decisions for some of the largest and most recognizable commercial properties in New York,” said PureSpectrum president and CEO Lee Vanatta. “The company has been focused on developing New York as a test market, and we are very excited that our efforts have resulted in being identified as a lighting solutions provider by a company like LVI Energy that is established in the field of energy reduction. Selling into these kinds of commercial real estate organizations enables the company to build credibility and establish a solid platform to continue pursuing additional business in New York’s commercial real estate market.”
In 2009, New York Mayor Michael Bloomberg launched the PlaNYC initiative aimed at reducing the city’s total carbon footprint by 30 percent by 2030 and New York City’s city council passed legislation known as the “Greener, Greater Buildings Plan” that requires existing commercial buildings to immediately begin taking measures to reduce energy consumption. Lighting represents between 25-40 percent of electricity consumption in the commercial and industrial sectors, and energy efficient lighting upgrades or retrofits offer the highest return on investment compared to other electrical system upgrades.
PureSpectrum has proven that implementing the company’s step-dimming lighting products combined with motion sensing can save a building as much as 77 percent compared to current energy usage, and several commercial structures in New York have begun pilot programs using the company’s step dimming electronic ballasts or dimmable linear fluorescent fixtures. PureSpectrum’s step dimming ballasts are a cost-effective alternative for commercial buildings seeking to retrofit existing fixtures to realize significant energy efficiency gains, and the company’s step dimming T8 fixtures coupled with motion or occupancy sensors provides a rapid path to substantial energy savings by replacing existing lighting.
Go to www.purespectrumlighting.com for more information on PureSpectrum or its products.
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ABOUT PURESPECTRUM
PureSpectrum, Inc. is a progressive lighting company headquartered in Savannah, Ga., dedicated to researching and developing innovations in lighting in multiple categories that provide answers to questions facing the lighting industry. PureSpectrum is committed to identifying, cultivating, creating and implementing products and technologies that will satisfy the demand for cost effective, performance-driven energy efficient lighting solutions. The company’s mission is grounded in the quest to preserve natural resources and a belief that energy efficient lighting will be embraced and absorbed through improved performance. PureSpectrum is introducing products and identifying technologies that enable energy conservation and improved performance without increased cost or confusion for the consumer. PureSpectrum plans to continue its commitment to researching and developing products that satisfy consumer demand and advance the cause of energy conservation. Please call (912) 961-4980 or visit www.purespectrumlighting.com for more information on PureSpectrum.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for PureSpectrum’s products and services, its ability to succeed in growing revenue, the effect of new competitors in its market, integration of acquired businesses, and other risk factors identified from time to time by PureSpectrum. For additional information concerning risk factors, search for PSRU at www.otcbb.com and refer to the securities filings listed under the filings tab.