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LED

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Share Name Share Symbol Market Type
TSXV:LED TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

CRS Electronics Announces Stock Option Grant

20/01/2014 8:38pm

Marketwired Canada


CRS Electronics Inc. ("CRS" or the "Company") (TSX VENTURE:LED), a developer and
manufacturer of LED lighting products, today announced it has granted an
aggregate of 870,000 stock options under its stock option plan to an officer and
employees of the Company.


All of the options have a term of five years, are exercisable at a price of
$0.31 per share and vest as to one-fourth at the end of each of the four
anniversary dates following the date of grant and subject to the terms of the
Company's stock option plan. 


A total of 150,000 options were granted to an insider of the Company, being Mr.
Matthew Groen, Chief Financial Officer.


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(TM) Architectural Lighting.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CRS Electronics Inc. - Investor Relations
Matthew Groen
Chief Financial Officer
mgroen@crselectronics.com
www.crselectronics.com


CRS Electronics Inc. - Media
Paul Pohl
Director of Marketing
ppohl@crselectronics.com
www.crselectronics.com

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