DENVER, CO--(Marketwired - Mar 20, 2014) - Énergie Holdings, Inc. ("Energie" or the "Company") (OTCQB: ELED) announces that through its wholly owned subsidiary, Energie LLC, has recently received exclusive rights for rapid expansion of distribution in North America from Regent Beleuchtungskörper AG, a pioneering Swiss developer of LED energy efficient lighting systems.
Energie and Regent have been working together for over ten years. Over the past several years, Regent has developed several LED product families that are targeted at meeting North American LED lighting demands. Energie intends to launch several of those product families in 2014-2015. The product families scheduled for launch by Energie in 2014-2015 are Channel LED, Flow LED and ITEM LED which represent major linear product opportunities because of their design aesthetic, quality of materials and construction, optical design and LED performance. Also scheduled for 2014-2015 launch are Solo LED and Solo Sky LED. These families are a new product category in North America that present strong opportunities in the architectural lighting market because of their unique shape and attention to installed details as well as utilizing high performance optics combined with LED technology.
Energie's business and distribution model, which utilizes 63 distributors throughout the US and Canada and European manufacturing partners, enabled the Company to achieve over $30,000,000 in revenues as a private company. The Company's exclusive agreement with Regent for these new product lines represents an estimated additional $10 million in revenue to the Company over the next several years and is just one step in its plan to substantially increase its revenues as a public company by leveraging its existing relationships through additional product offerings and strategic acquisitions.
Harold Hansen, the Founder and CEO of Energie stated: "This expanded opportunity represents a strong vote of confidence from Regent and is a significant step forward for Energie as we rapidly develop our LED lighting fixture product line. With access to Regent's technology and design, Energie will quickly bring more leading edge LED fixtures to the North American architectural lighting market."
Alessandro Sachs, Director of International Sales for Regent stated: "Regent is excited to expand our relationship with Energie. We are confident that with the strong investment coming from the OTCQB market, our mutual business will grow very quickly."
ABOUT REGENT: Regent is headquartered in Basel and has offices in India, Milan, Tel-Aviv, Vienna and Zurich. Regent is a pioneer in technologies such as: MDT, Senso Dim (Daylight Management System) and PAL (Perception Adaptive Lightsource). The Company has 500 employees worldwide. Regent has been a major source of innovative lighting ideas since 1908 and is one of the European market leaders receiving 700 orders per day. Regent has developed lighting systems that are trend-setting in design, function, and that are genuinely creative and aesthetically appealing utilizing cutting-edge technology.
ABOUT ÉNERGIE HOLDINGS, INC.: Énergie Holdings is focused on acquiring and growing companies that provide specialized LED lighting solutions to the architecture and interior design markets. The Company is headquartered in Wheat Ridge, Colorado and also maintains a production and assembly facility in Zeeland, Michigan. The Company currently has a large installed base of customers in all 50 States and Canada. Énergie' LLC, the subsidiary business, is based upon partnerships with various European suppliers of innovative highly efficient LED lighting technology.
For more information about Énergie Holdings visit http://www.energieholdings.com
Disclaimer
This press release contains forward-looking statements based on the beliefs of Énergie's management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Énergie as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Énergie disclaims any intention or obligation to update these forward-looking statements.
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