Tomorrows Lighting and enerSave Sign Letter of Intent to Further Discussions on Combining Two Companies
2011年7月27日 - 2:15AM
Marketwired
Tomorrows Lighting, Inc., a subsidiary of PureSpectrum, Inc.
(PINKSHEETS: PSRU), has been engaged in discussions with enerSave,
a New York-based company, which has culminated in the signing of a
letter of intent to for Tomorrow's Lighting to acquire enerSave.
The objective of the proposed combination would be to capitalize
on commonalities in each company's product development strategies
and complementary product lines. This will allow maximum market
penetration in the energy efficient lighting sector. With the
signing of the letter of intent, the two companies have agreed to
more formally explore the benefits to be achieved through the
proposed combination. Closing of the transaction will be subject to
the execution of a definitive agreement which will more fully set
forth the terms and conditions of the transaction.
Tomorrows Lighting is marketing and selling residential and
commercial dimmable energy efficient lighting. enerSave has
developed innovative energy-efficient technology-driven lighting
solutions for commercial and industrial lighting. The two companies
share a commitment to creating, identifying and introducing energy
efficient lighting products and solutions which satisfy consumer
demand while providing superior performance.
"A combination of Tomorrows Lighting market position and
enerSave's ability to offer low-cost lighting solutions, we feel
that Tomorrows Lighting will see an immediate advantage and
increased short term opportunities," said PureSpectrum CEO Gregory
Clements. "In addition the people within the enerSave organization
bring decades of lighting experience and contacts that we have
never had access to before."
Shareholders will be able to follow updates regarding Tomorrow's
Lighting at www.tomorrowslighting.com
ABOUT PURESPECTRUM PureSpectrum, Inc. is a
company focused on sales of lighting products headquartered in New
York, NY. 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.
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, it's ability to succeed in growing revenue,
the effect of new competitors in it's market, integration of
acquired businesses, and other risk factors identified from time to
time by PureSpectrum. For additional information concerning risk
factors, please refer to the securities filings at
http://www.otcbb.com/asp/Info_Center.asp.
CONTACT: PureSpectrum, Inc. Greg Clements
ir@purespectrumlighting.com
Valiant Eagle (PK) (USOTC:PSRU)
過去 株価チャート
から 9 2024 まで 10 2024
Valiant Eagle (PK) (USOTC:PSRU)
過去 株価チャート
から 10 2023 まで 10 2024