Seesmart Holdings Inc.
Seesmart Holdings Inc.: Seesmart Holdings, Inc. Begins Retrofit for 2nd Largest Worldwide Major Home Improvement Retailer
Seesmart Holdings Inc. / Key word(s): Miscellaneous 28.03.2011 / 20:01 Company to commence LED light retrofit in US West Coast Distribution Centers Simi Valley, CA, USA - Seesmart Holdings Inc. (DE:APF)- a complete LED lighting solutions company with decades of experience in research and development, manufacturing and distribution has received a purchase contract from the 2nd largest home improvement retailer worldwide to utilize the company's LED exterior lighting solutions to illuminate the parking lot of one of its West Coast distribution centers. The distribution center will feature 222 new LED lights in all, including Seesmart 75 Watt, 150 Watt, and 225 Watt cobra head street lights. The low-wattage LEDs are replacing 1,000 Watt metal halide fixtures. As a result, this single distribution center can expect to see an energy savings of over $9,600 per month and over 885,000 kilowatt-hours annually. It will also reduce its carbon footprint by over 1.1 million pounds of carbon dioxide per year. The distribution center represents just one of fourteen similar centers owned by the company that are planning to undergo LED retrofits this year alone. With over 1,700 stores worldwide, we extrapolate that the home improvement chain could save more than 16 million dollars a month by incorporating Seesmart LED lighting throughout the retail chains stores and distribution centers. 'We feel very confident that this pilot retrofit is laying the groundwork for future business relationships with this home improvement giant who we know is committed to green-friendly, energy-saving alternatives. There is the potential for Seesmart to garner in excess of 300 million dollars if the LED retrofits are implemented throughout the retail chain worldwide,' noted Ken Ames, Seesmart Holdings CEO. The company continues to deliver LED lighting products for retrofits and new installations with fortune 1000 companies small business, government and retail sectors globally. About Seesmart, Inc. Seesmart, Inc. is a complete LED lighting solutions company with decades of experience in research and development, manufacturing and distribution. Seesmart offers a broad product line to meet most commercial or residential needs and delivers rapid ROI, high-quality products backed by up to a five-year warranty, immediate energy savings and true retrofit solutions. For more information, please visit www.seesmartled.com. ** END OF NEWS RELEASE ** Seesmart Holdings, Inc. (DE: APF) is an independent, exchange listed company which, together with its operating subsidiary Seesmart, Inc., a Delaware corporation (collectively 'Seesmart'), operates in the segment of 'Cleantech / LED Technology'. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Seesmart as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. Registered office: Seesmart, Inc. 4139 Guardian Street Simi Valley, CA 93063 Tel: 877.578.2536 Fax: 888.239.0959 info@seesmartled.com www.seesmartled.com ISIN: CA8157841039 WKN: A1JFM8 Börsenplätze: Frankfurt, Open Market Media Contact: Richard Roy richard.roy@seesmartled.com +1.646.499.5519 End of Corporate News --------------------------------------------------------------------- 28.03.2011 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 --------------------------------------------------------------------- 117309 28.03.2011
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