2011年1月24日 星期一

Enters Into Letter of Intent

InfoSpi, Inc. Enters Into Letter of Intent With NexPhase Lighting, Inc.

In accordance with the terms ofWith the lighting change, the church will table lamps save more than $180 a year in energy costs. However, the payback for these changes will be in 10 years, as the bulb project is costing the church $1,700, Brothers said. the Letter of Intent, the Company and NexPhase will enter into a definitive agreement subject to the successful completion of due diligence and negotiation of the terms of a definitive agreement and related other agreements in a form acceptable to each.With an emphasis led light on value and long-term client relationships, VipPatioFurniture.com demonstrates a commitment to customer service with a 100% Customer Satisfaction Guarantee, 110% Price Protection, 45 Day No Hassle Return Policy, and Free Delivery for orders over $100. At this date, the structure of the transaction between the two companies remains in negotiation, and is expected to be completed within thirty days. In the event a definitive agreement has not been executed by the Company and NexPhase by February 21, 2011, the Letter of Intent may be terminated.It was the erstwhile Left Front board that first decided to modernize streetlights Air max classic on some major thoroughfares. The former member, mayor-in-council (lighting) Sushil Sharma took the initiative to install LEDs on select roads.





"I am very excited about the business combination of InfoSpi and NexPhase," said InfoSpi President and CEO, Dror Svorai. "We have been working toward this goal for some time. Before investing in InfoSpi, I had been heavily involved in the LED Lighting Industry. The NexPhase team is comprised of a highly innovative group of talented business, operational and design leaders who have been in the lighting and LED business for well over twenty-five years. Before we formed the company it was instantly clear to all of us that there was a opportunity to create a U.S. based designer, developer and manufacturer of intelligent LED lighting fixtures to take advantage of the coming market for energy efficient LED lighting .We became excited by the idea of forming a company to take a leadership position during this incredible period of change which has embraced the lighting industry,The 13W bulb will be made available for purchase in January for less than $30, and should led tube to use 75% less energy than the 60W incandescent bulb it is designed to replace. so we teamed up and founded NexPhase early last year. Today, NexPhase is emerging from its first cycle of product development with significant, and we think, 'very exciting,' intellectual property for its marketplace that will further drive down America's energy costs for lighting systems.For example, while he no longer fluorescent lights disassembles the drip irrigation systems as he did when he was a puppy, now with the cooler temperatures beginning to prevail, he occasionally enjoys ripping the laundry from our clothesline then dragging it onto our front porch ." Dror concluded, "For our shareholders, we are extremely confident that NexPhase products will generate an outstanding revenue stream within a relatively short period of time."

沒有留言:

張貼留言