Hi Score Affiliate DMD Lighting Receives 6 Figure Lighting Contract
2012年6月7日 - 10:15PM
Marketwired
Hi Score Corporation (PINKSHEETS: HSCO) announced today that its
affiliate DMD Lighting received a six figure lighting contract
commitment from its long time customer Traylor Electric of Miami.
The contract consists of several orders that will supply lighting
fixtures and Energy Control Systems for luxury homes that are being
built on the Atlantic Coast. "I have been working with Traylor for
a while on the specs for these homes...it is nice to see the
projects coming to fruition," said Dominick Falso, CEO of DMD.
The company expects that this first group should be the first of
a few if not many groups of luxury homes that DMD will be called
upon to supply lighting for over the course of the next several
months. "Things appear that they might be turning toward the good
in the South Florida housing market," continued Mr. Falso. "At
least in the higher end market ...which is what we concentrate on
...I would not be surprised to see these orders come to over a
million dollars over the next year ...of course that is great for
us but it would also be great for the community at large ...good
for jobs ...good for the economy as a whole."
"Hi Score sold off DMD earlier this year but a significant
amount of the profit from DMD still comes to Hi Score," said Hi
Score CEO Michael Zoyes. "...so of course we are very happy to see
DMD continue to do well ...plus with Dominick still being COO here
at Hi Score we all feel very comfortable that he will continue to
operate DMD with HI Score in mind ...it's a win win ...we are all
very pleased."
Dominick Falso was appointed as Hi Score's Chief Operating
Officer in January of last year. Mr. Falso was brought on to
bolster the company's lagging gross sales volume. His efforts began
to be fruitful toward the end of last year and the first quarter of
this year. The company has a lot of confidence in Mr. Falso's
ability to continue to move the company forward by identifying,
advancing toward and obtaining profitable jobs for the company
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 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)
990-6827 www.hiscorecorporation.com
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