Onteco Corporation (OTCQB: ONTC announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, has completed LM79 testing for its LED Eight Inch Can Downlights, which represents completion of a significant milestone that will contribute to NexPhase's overall competitive advantage in the marketplace.
Ty Ramsey, COO of NexPhase, stated, "We have completed a vital milestone in establishing our products as undisputed 'best of class' and well ahead of the competition. Today, we received notification from CSA, our independent LM79 testing lab, that our LED Eight Inch Downlights No. RC82055C11, has successfully completed all its LM79 testing. The relevance of this notification is that our customers can now order this product series and participate in an increasing number of utility rebate programs only applicable to products rigorously tested by such independent accredited laboratories. We expect the accomplishment of this milestone will become an important sales and marketing tool for us in that it will springboard our market awareness and acceptance, and thereby accelerate our revenue growth."
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology ™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com
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19495 Biscayne Blvd., Suite 411
Aventura, Florida 33180
Phone (305) 932-9795