Seesmart Holdings Inc.
Seesmart Holdings Inc.: Seesmart Holdings, Inc. Helps Green One Of USA’s Largest Grocery Chain
Seesmart Holdings Inc. / Key word(s): Miscellaneous 04.04.2011 / 14:00 Energy-saving LEDs keep stores cool and save money Simi Valley, CA, USA -Seesmart Holdings Inc. (DEA:APF) LED lighting manufacturer Seesmart Holdings, Inc. (DE:APF) has grocery stores across the country aglow with its LED replacements for fluorescent tube lights. The third largest grocery retailer in the United States has begun retrofitting its freezers and dairy cases with Seesmart's 5-foot and 6-foot LED tube lights. By replacing fluorescent tube lights that draw 75 to 85 Watts of power with Seesmart's 19 and 23 Watt LED lights, the retrofitted stores now use 1/4 of the energy they once used to light their refrigerated displays. Because LEDs produce far less heat than fluorescents, the LED lights also reduce the power required to keep the cases cool. As a result, each Seesmart LED tube light pays for itself in less than 7 months. Seesmart LEDs are already in use in about a dozen of the grocery chain's stores. In total, the chain operates over 2,500 stores nationally. A retrofit of refrigerated cases costs around $10,000 per store. In the last year alone, Seesmart has supplied lighting for seven different store locations. If the chain were to implement Seesmart's LED lighting in refrigerated cases in all 2,500 stores, it could save over 37 million dollars per year on energy costs. 'We are excited to have the opportunity to integrate our lighting into freezer and dairy cases in grocery stores across the country,' said Ray Sjolseth, president of Seesmart Holdings, Inc. 'The next step would be to retrofit the overhead lighting in these stores, which would produce for each store an annual energy savings of about $140,000 and a CO2 emissions reduction of 804,000 pounds. This would allow for considerable economic gains for Seesmart adding to the corporations growing business portfolio'. Seesmart is currently installing its LED products in many other retail and cold storage facilities across the USA. With high energy efficiency and low heat emission, the company's products are ideal for refrigerated spaces. About Seesmart Seesmart, Inc. is a division of Seesmart Holdings, 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 a 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 --------------------------------------------------------------------- 04.04.2011 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 --------------------------------------------------------------------- 118302 04.04.2011
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