Eco Depot Announces Exclusive Distributor for California, Arizona and Hawaii for Its LED Lighting Products
11 Agosto 2010 - 9:30AM
Marketwired
Eco Depot, Inc.'s (OTCQB: ECDP) (PINKSHEETS: ECDP) principal
operating subsidiary, CS Tech America today announced that it has
signed a distribution agreement with Independent Electric Supply,
Inc., a closely held company based in Los Angeles, California, to
distribute Eco Depot's proprietary product line of Indoor and
Outdoor LED Lights in the states of California, Arizona and Hawaii.
The distribution agreement specifies minimum purchases over a
two-year period for Ten Million US Dollars ($10,000,000 USD) and is
renewable based on the distributor's achievement of certain
milestones. IE Supply is the largest electrical lighting
distributor in California with relationships in the lighting
markets and municipal LED retrofitting programs throughout the
Western United States.
"We are very pleased by the California market focus test's
acceptance of the Eco Depot LED Lighting products to date," said
Arthur Han, special assistant to Eco Depot CEO. "This distribution
agreement with IE Supply broadens our reach into the board rooms of
the decision makers that are responsible for municipal, state and
federal government retrofitting programs to bring LED Lighting to
California's schools, government offices, roads and highways," he
added.
About Independent Electric Supply Inc.
Independent Electric Supply, Inc. was opened in 1976, as a ten
employee distributorship, serving the needs of electrical
contractors laboring in the high-tech aerospace industry. Today,
Independent Electric Supply is an award-winning firm, ranked
twelfth in size among the "Top 200" distributors in the nation.
Independent is a $542 million plus per year business, with thirty
full-service electrical locations, and three specialty division
houses. The company employs over 630 persons, and delivers
materials from over 600,000 square feet of efficiently managed
warehouse space.
About Eco Depot, Inc. and its CS Tech (America) Division
ECO DEPOT's Lighting Division, CS Tech (America), possesses
several cutting-edge technologies and emerging high-tech LED
Lighting solutions -- that has the potential of readdressing the
way lighting and ecology converge throughout the world. Eco Depot
revolutionizes how the world engages with LED Lighting Solutions to
comply with the multi-national ban on incandescent lighting. For
more information, visit www.ecodp.com.
Forward Looking Statements
Some of the statements made by Eco Depot in this press release
are forward-looking in nature. Actual results may differ materially
from those projected in forward-looking statements. Eco Depot
believes that its primary risk factors include, but are not limited
to: development and maintenance of strategic acquisitions; domestic
and international acceptance of our product lines; defending our
intellectual property and proprietary rights; development of new
products and services that meet customer demands and generate
acceptable margins; successfully completing commercial testing of
new technologies and systems to support new products and services;
and attracting and retaining qualified management and other
personnel. Additional information concerning these and other
important factors can be found within Eco Depot's filings with the
Securities and Exchange Commission. Statements in this press
release should be evaluated in light of these important
factors.
© 2010 Eco Depot, Inc. All rights reserved. Eco Depot, CS Tech
(America), the Eco Depot logo, and the CS Tech (America) logo are
either pending or registered trademarks of Eco Depot, Inc.
Public Relations Contact: Corporate Relations Group Inc.
1-888-789-6314 Email Contact
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