Global Dynamix Solutions GB PLC
Global Dynamix Solutions GB PLC: GLOBAL DYNAMIX SUBSIDIARY CLEAN LIGHT GREEN LIGHT NEGOTIATING HISTORIC LED LIGHTING CONTRACT
Global Dynamix Solutions GB PLC / Key word(s): Miscellaneous Global Dynamix Solutions GB PLC: GLOBAL DYNAMIX SUBSIDIARY CLEAN LIGHT GREEN LIGHT NEGOTIATING HISTORIC LED LIGHTING CONTRACT 08.12.2010 / 16:53 Global Dynamix Solutions GB PLC-(DE:G6L) Clean Light Green Light (CLGL), a wholly owned U.S. subsidiary of Global Dynamix Solutions GB PLC, announced today that they are entering formal negotiations to execute the LED lighting retrofit of one of the largest retail chains in the United States. With an estimated value of $300M USD this would represent the single largest expenditure for LEDs to date in both the U.S and global arenas. Motivated to improve the bottom line by addressing operational efficiency during these economically challenging times, the retailer had been evaluating LED lighting products but had not found a viable option until they tested product from Michigan-based LED lighting manufacturer CLGL which offers the largest catalog of commercial, industrial and municipal retrofit LED lighting products globally. With the retailer's intentions to retrofit both interior and exterior lighting, CLGL's product line makes them one of the only legitimate vendors capable of addressing the demands of such a comprehensive project. 'Although they were impressed by our extensive product catalogue, superior quality and warranty, they were most impressed by our Underwriters Laboratory (UL) certifications' shared CLGL sales representative Henry King who initiated the interaction. 'CLGL is the only LED manufacturer with extensive UL certifications and this advantage provided a level of confidence in our LED technology for the retailer to move forward with discussing the potential chain-wide retrofit.' he continued. As most projects of this magnitude proceed, the retailer plans to begin with a pilot in one of their higher kilowatt/hour locations to quantify the energy and fiscal savings. To date, 92 percent of CLGL pilot projects progress to full installations demonstrating that their products deliver as promised. 'The execution of a project of this size and public notoriety would significantly propel the acceptance of LED lighting in the commercial marketplace' stated CLGL CEO David McKinney. 'We are proud to have achieved several industry-firsts and I am confident that our products will continue to demonstrate that Clean Light Green Light is ready for prime time as a cost effective option that will change the face of lighting and energy usage for future generations.' About Global Dynamix Solutions GB PLC Wholly owned U.S. subsidiary Clean Light Green Light (CLGL) develops, manufactures, and sells commercially viable LED lighting designed to retrofit into existing infrastructure as well as new construction. Started ten years ago, CLGL has demonstrated success in producing cost effective, superior quality lighting solutions that provide substantial energy and fiscal savings while reducing the carbon footprint. CLGL is a world leader in the LED general illumination market and is one of the fastest-growing businesses in the LED lighting industry. CLGL is headquartered in Mount Clemens, Michigan and engages in global trade. To find out more, please visit www.cleanlightgreenlight.com and http://global-dynamix-aktie.com ** END OF NEWS RELEASE ** Global Dynamix Solutions GB PLC (DE: G6L Frankfurt, Xetra) is an independent, exchange listed company operating in the segment of 'environmental services'. 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 Global Dynamix Solutions GB PLC 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: Global Dynamix Solutions GB PLC, 14 Hanover St., Hanover Square, W151GH London, UK Stock Exchanges: Frankfurt, Xetra ISIN: GB00B4P15B15 WKN: A1C7RS Contact: Steve Simon Investor Relations Coordinator Global Dynamix Solutions GB PLC 415-932-8602 End of Corporate News 08.12.2010 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 --------------------------------------------------------------------- 105900 08.12.2010
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