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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cyberlux Corp New (PK) | USOTC:CYBL | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0001 | 1.49% | 0.0068 | 0.0067 | 0.007 | 0.0069 | 0.0065 | 0.0067 | 6,392,611 | 21:00:10 |
Cyberlux Corporation, (OTCBB: CYBL), a leading provider of LED lighting solutions, announced today that the Company is expanding its product portfolio with the market launch of a six inch LED recessed ceiling “can light.” Designed for both the new construction and the retrofit markets, the LED recessed lights include a retrofit kit for the replacement of any incandescent or fluorescent six inch recessed light socket currently installed. The high-powered, energy efficient LED recessed light is a 13 Watt, 620 lumen fixture, including embedded proprietary dimming technology that works with standard resistance dimmers. The non-dimmable products are well-suited for commercial or government common areas that do not require dimmable capabilities.
“We could not be more excited to enter the recessed lighting space. The U.S. Department of Energy estimates that there are at least 500 million recessed downlights currently installed in U.S. homes, with an additional 20 million sold each year. There is a significant demand in the lighting marketplace for energy efficient, high-powered, LED recessed technology with the capability to retrofit into existing infrastructure. These retrofit LED solutions present a technology that not only provides better lighting, but also offers energy efficiency levels that simply cannot be captured with any of today’s non-LED offerings,” says Mark Schmidt, CEO of Cyberlux Corporation. “We have been providing our tactical illumination lighting for years to clients who now are also in need of this type of innovative solution for their respective government buildings, therefore this addition to our business line is not only logical from a retail and commercial prospective, but within the aspect of the government sector as well. We hope to quickly create a niche within this young space as the relatively low cost, yet highly capable supplier of incandescent and fluorescent replacement solutions. Any interested party should contact our offices for further information,” added Schmidt.
About Cyberlux Corporation
Cyberlux Corporation (OTC Bulletin Board: CYBL), a leader in solid-state lighting innovation, has developed breakthrough LED lighting technology that provides the most energy efficient and cost effective portable lighting solutions available today for military and commercial uses. For more information, please visit www.cyberlux.com.
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company’s ability to expand its production capabilities concurrent with product orders. The Company’s business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-KSB for the year ended December 31, 2008 and its 10-Q for the quarter ended September 30, 2009. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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