Science & Technology
Science and Technology
Science and Technology
Tue, May 26, 2009
Mon, May 25, 2009
Sun, May 24, 2009
Fri, May 22, 2009
PureSpectrum, Inc. : PureSpectrum, Inc. Poised to Capitalize on Multibillion Dollar Commercial Lighting Retrofit Market
SAVANNAH, GA--(Marketwire - May 22, 2009) - PureSpectrum, Inc. (
As the urgency of achieving increased energy efficiency continues to play a more important role in the commercial and industrial sector and as new energy efficiency requirements are introduced, lighting has been identified as one of the fastest pathways to energy conservation and carbon footprint reduction. Linear fluorescent fixtures are the most prevalent lighting application for the commercial and industrial sector, and the majority of linear fluorescent fixtures are still governed by inefficient, undependable magnetic ballasts.
Retrofitting linear fluorescent fixtures with energy efficient electronic ballasts is expected to be a $100 billion market during the next five years, and PureSpectrum's high performance, affordable dimmable ballast for linear fluorescent lighting will enable the company to aggressively pursue Energy Service Companies (ESCO) and energy consulting groups that provide products and services to the commercial and industrial sectors. More than 80 percent of United States businesses occupy buildings that are at least 20 years old, outfitted with antiquated and inefficient lighting systems. PureSpectrum's energy efficient and dimmable advanced ballast technology for linear fluorescent lighting can be implemented cost effectively and that affordability will provide the company with a distinct competitive advantage in an increasingly crowded marketplace.
During the past year, Light Emitting Diode (LED) systems have been proposed as a possible replacement for the linear fluorescent fixture in commercial and industrial applications. But a January 2009 U.S. Department of Energy report found that LED lighting systems do not provide enough light output for commercial and industrial retrofits and concluded that LED lighting is not sufficiently developed to replace linear fluorescent lighting for general interior lighting.
One of the primary performance limitations for LED lighting systems and existing dimming technology for linear fluorescent lighting is reliable, cost effective dimming capability, considered the gateway to green lighting strategies such as daylight harvesting and other sensor systems that automatically dim lights to decrease energy usage during off-peak times. Reliable dimming technology for LED lighting has yet to be developed and the high cost of currently available dimmable ballasts for linear fluorescent lighting has made the adoption of sophisticated green lighting strategies cost prohibitive. But PureSpectrum's patent pending ballast solutions and wireless lighting control system drastically decreases the cost to retrofit lighting systems and substantially shortens the return on investment period for retrofitting a building's lighting system to be energy efficient and dimmable.
"There is a virtually inexhaustible market of small, medium and large buildings as well as commercial real estate owners and management firms that can provide PureSpectrum with a consistent revenue stream opportunity during the next few years and beyond," said PureSpectrum Vice President of Sales Garth Kullman after attending the NAED leadership conference. "Because we can offer a cost effective, energy saving lighting solution, we are approaching this market with unique benefits that the rest of the lighting industry is not offering."
Call (912) 961-4980 for more information about PureSpectrum, Inc. or visit [ www.purespectrumlighting.com ] to see a short video featuring PureSpectrum's dimming technology compared to commercially available dimmable CFL bulbs. Please contact Shareholder Development Group at (770) 518-3449 or [ info@shareholderdg.com ] for investment information.
ABOUT PURESPECTRUM
PureSpectrum, Inc. is a technology-driven lighting company headquartered in Savannah, Ga., that has developed technology solutions for energy efficient lighting and superior energy efficient lighting products in multiple categories. The company's mission is grounded in the quest to preserve natural resources and a belief that energy efficient lighting can only truly be embraced through improved performance. Through intuitive engineering, PureSpectrum designed innovative technology that enables maximum energy efficiency and optimal performance without increased cost or confusion for the consumer. PureSpectrum continues its commitment to researching and developing technologies and products that satisfy consumer demand and advance the cause of energy conservation. For more information on PureSpectrum, please call (912) 961-4980 or visit [ www.purespectrumlighting.com ].
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.
