AUTEV AG
AUTEV AG:
AUTEV AG / Key word(s): Product Launch 27.01.2011 / 20:00 AUTEV AG: Industrial Application for AuLED Lighting Technology Meets With Success Brandenburg a. d. Havel, Germany, January 27th, 2011: The AUTEV AG has expanded their product line with the introduction of a modularly designed AuLED industrial lamp. The lamp was successfully introduced into the product line in the beginning of January following six months of development and testing. The AuLED-Industrial lamp is based on the AuLED streetlight and can boast many unique features vis-a-vis anything else currently on the market. Production has already commenced and orders have already been booked through the company's new marketing channels and strategic sales partners in Germany. As a result of intensive recruiting and product training, the Brandenburg technology company has already received several important and noteworthy orders for the interior lighting of industrial production buildings. 'These orders prove the market acceptance of the AuLED industrial light; that we are on the right path with our energy efficient, high-output LED lighting fixtures, and that our investment in the expansion of our product portfolio as well as our marketing platform, has paid off,' said a satisfied Tim David, member of the board and head of the LED lighting division for AUTEV AG. The AUTEV AG sees a huge international market potential for their innovative LED based lighting technology, as the economic benefits speak for themselves: energy savings of 40 %, minimal maintenance and repair costs coupled with an operational lifespan of 50,000 hours as well as a short amoritization period of approximately 2 years. The ecological benefits contribute further to the positive benefits of this technology. AuLED lights contain no toxic heavy metals, minimize carbon emissions into the atmosphere and are 100% recyclable. The AuLED concept has been awarded numerous prizes for its visionary products and is currently a nominee for the yearly 'Grand Prix of the middle-sized industries' competition. This prize which was founded in 1995 and awarded by the Oskar-Patzelt-Foundation has become one of the most important awards in the german mid- sized industrial universe. About AUTEV AG Over the years, the AUTEV AG has developed into an efficient and internationally operating engineering and service company. The company plans, develops, produces, programs and delivers sophisticated machinery and facilities throughout the world. Additionally, the company is striving to achieve technology and market leadership in new fields of business. As a result the company successfully entered the market for energy efficient and CO2 reducing lighting technology. Following two years of research, the AUTEV AG successfully introduced AuLED into the market. AuLED is an innovative and energy saving street lamp, based on ultra-modern LED technology, which is already currently being widely used. Additional information about AUTEV AG can be found at www.autev.de. AUTEV AG Carl-Reichstein-Str. 6 D-14770 Brandenburg a.d.H. Telefon: +49 (0)3381 80 43 630 Telefax: +49 (0)3381 80 43 635 E-Mail: info@autev.de End of Corporate News --------------------------------------------------------------------- 27.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 110251 27.01.2011
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