MIAMI, July 13, 2011 /PRNewswire/ -- 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.
About Hi Score
Hi Score Corporation is a supplier of eco-friendly lighting
products in the Western Hemisphere. It offers its customers the
fiscal and ecological practicality of utilizing safe, efficient,
solid state green lighting rather than conventional fluorescent and
incandescent bulbs. The Company offers the widest selection
of high quality, long lasting LED lighting products that can
replace existing incandescent, fluorescent and halogen bulbs as
well as compact fluorescent lights. Additionally the Company offers
Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and
REPCO Labels, respectively. The Company sells its products
directly to distributors, consumers, businesses as well as to
municipalities.
Safe Harbor Statement: This release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934 that are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including statements as to the future
performance of the company and the risks and uncertainties detailed
from time to time in reports filed by the company with the
Securities and Exchange Commission. Although the company
believes that the expectations reflected in its forward-looking
statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to
be correct. Factors that could cause results to differ
include, but are not limited to, the company's ability to raise
necessary financing, retention of key personnel, timely delivery of
inventory from the company's contract manufacturers, timely product
development, product acceptance, and the impact of competitive
services and products, in addition to general economic risks and
uncertainties.
CONTACT: Hi Score Corporation
Michael Zoyes,
President (954) 922-5740
www.hiscorecorporation.com
SOURCE Hi Score Corporation