Lumenova(TM) Seizes Top 3 Energy Star Positions in R20, BR30 and BR40 Categories
03 April 2014 - 12:19AM
Marketwired
Lumenova(TM) Seizes Top 3 Energy Star Positions in R20, BR30 and
BR40 Categories
TORONTO, ONTARIO--(Marketwired - Apr 2, 2014) - CRS Electronics
Inc. ("CRS" or the "Company"), (TSX-VENTURE:LED), a developer and
manufacturer of LED lighting products, today announced that its
Lumenova™ lamps seized the Top 3 Energy Star Positions in R20, BR30
and BR40 Categories.
Lumenova™ - a CRS Electronics Company- released its Energy Star
certified R20, BR30 and BR40 lamps. In total lumen output, each
product occupies first, second and third positions.
"We surprised ourselves by testing this far ahead of the
marketplace" said Travis Jones, President & CEO of CRS
Electronics. "Scott Riesebosch, our Chief Technology Officer
deserves a lot of credit. Customers have a plethora of choices, and
we are delighted there are many who care how their LED
lamps perform. We target customers who care about the operational
efficiency and output of the LED systems they purchase, and we are
gratified there are many who do. It's why our sales pipeline is
growing at nearly a million dollars each week."
Lumenova™ is preparing to introduce A19, Candelabra and an LED
solution for compact fluorescent lamps. "Delivering some of the
highest output, efficacies and unique 2200K Kelvin temperature as
part of our strategy across the portfolio. Our newest products
which debut at Lightfair will adhere to our strategy and even
further surpass the competition."
About CRS Electronics
CRS Electronics Inc. (TSX-VENTURE:LED), a Lighting Facts
partner, is a leader in the emerging, rapidly-growing market of
high efficiency light-emitting-diode ("LED"), or, solid state
lighting ("SSL"). The principal activities of CRS Electronics
include the development, manufacture and sale, primarily in North
America, of indoor lighting products such as LED replacement lamps,
exterior LED warning lights for school buses, child safety systems
for school buses, LED architectural lighting fixtures, and contract
manufacturing of LED circuit boards. As an innovator of LED
solutions since 1998, CRS Electronics continues to expand its
product portfolio and market presence with business partners and
customers, and under its own product brands, which include CRS
Electronics and Lumenova™.
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian
securities laws which can be identified by terminology such as
"may", "will", "could", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "projects", "predict",
"potential", "continue" or other similar expressions concerning
matters that are not historical facts. Such forward-looking
statements are based on a number of material factors and
assumptions, including, but not limited in any manner, those
disclosed in any other CRS filings, and include availability of
sufficient working capital for development and operations,
availability of a qualified work force, availability of
manufacturing equipment and the ultimate ability execute its
business plan on economically favourable terms. While we consider
these assumptions to be reasonable based on information currently
available to us, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of
reasons, including but not limited to risks and uncertainties
disclosed in other CRS filings at www.sedar.com and other
unforeseen events or circumstances. Other than as required by law,
CRS does not intend, and undertakes no obligation to update any
forward-looking information to reflect, among other things, new
information or future events.
Investor RelationsMatthew GroenChief Financial
Officermgroen@crselectronics.comwww.crselectronics.comMediamedia@lumenovaled.comwww.lumenovaled.com
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