SOURCE: Eco-Shift Power Corp.

Eco-Shift Power Corp.

April 16, 2015 07:00 ET

Eco-Shift Power Corp. (OTCQB: ECOP) Has Secured the Development Phase of a 38 Site Project in Washington State for a National Retail Customer

CAMBRIDGE, ON--(Marketwired - April 16, 2015) - Eco-Shift Power Corp (OTCQB: ECOP) - ECOP's wholly-owned subsidiary, Sun & Sun Industries Inc. ("Sun Industries"), has secured the development phase of a 38 site project scheduled to begin this quarter in Washington State. This project commences, while a statewide rollout of turnkey energy efficient lighting projects in Utah and Wyoming beginning in December of last year continues. Sun Industries was awarded both states totaling 16 branches and over 1,700 fixtures and has further been awarded these additional 38 sites in Washington. This builds on an existing relationship with a total amount of developed and completed lighting retrofit projects of over 200 sites across eight states. To date, over $1.5 million of lighting retrofit work has been completed for this customer.

Sun Industries supports the national retail customer's environmental sustainability initiatives by providing turn-key energy efficient lighting retrofit solutions. The 38 site Washington State project alone will offset roughly 81,700 pounds of CO2 emissions. The total projected annual energy savings of the Utah and Wyoming projects is over 282,000 kilowatt hours, resulting in utility bill savings of over $22,000 per year. In addition, Sun Industries' expertise in identifying rebate programs and successfully capturing energy efficiency incentives has helped to reduce overall project costs by nearly 20%.

Sun's team of technicians and project managers will retrofit inefficient T12 fixtures with new high performance T8 lamps and electronic ballasts, upgrade fixtures with high efficiency retrofit kits, and replace incandescent accent lighting with new LED lamps. Sun Industries will also apply for all utility rebates, provide projected energy calculations, and coordinate utility inspections on behalf of the customer. 

"Securing the development of these 38 sites in Washington continues our relationship, bringing the total count of awarded projects to over 200 sites for Sun Industries," stated Steven Wong, National Account Manager at Sun Industries. "We have a demonstrated track record of completing state wide audits, designing projects that deliver a strong ROI, and building them to the national retail customer's satisfaction," he continued.

This customer is part of a long list of clients providing ECOP and Sun with recurring business. Through these devoted clients and growing distribution channels, ECOP has placed itself in a prime location for large improvements in 2015.

About Sun Industries
Headquartered in Santa Ana, California, Sun Industries is a diversified design-build lighting retrofit and energy management company. Sun is a specialist in complex large-scale (+$250k) single site, multiple site and national roll-out lighting retrofit projects servicing the MUSH (municipal, university, schools, hospitals) marketplace and large scale commercial/industrial clients.

Over the past 23 years, Sun has grown to become one of the most respected and successful energy efficiency lighting retrofit companies in the US. Sun's clients include Johnson Controls, Siemens Building Technologies, McKinstry, Noresco, Ameresco, Sempra, SCE (Southern California Edison), AAFES (Army and Air Force Exchange Service), JCPenney, US BankCorp, Colorado Dept. of Transportation and the FAA (Federal Aviation Administration) among many others. With a resume of over seven hundred (700) projects across all public sector and most commercial markets, over $175 Million in cumulative project revenues and over $500 Million in facilities savings, Sun presents the most extensive and diversified design build lighting retrofit project experience in the market place.

About Eco-Shift Power

Headquartered in Cambridge, Ontario, with offices in key US markets (California, Texas, Florida), Eco-Shift Power Corp. (ECOP) is a high efficiency lighting retrofit specialist and manufacturer of LED lighting products, wireless energy management systems, and cloud based software platforms.

Core ECOP competencies include LED high bay lighting, wireless energy management systems that are plug-and-play and compatible with multiple technologies (HVAC, plug load, etc.), and software platforms that allow for automated demand management and demand response.

ECOP's business model includes three primary segments, which include:

  • EPC (engineering/design, procurement, construction) of diversified and large scale lighting retrofit projects;
  • OEM (original equipment manufacturer) of LED lighting and wireless energy management systems; and
  • Energy Management and Demand Response, provided via long-term contracts and a Software-as-a-Service.

ECOP plans to continue growing the lighting retrofit business North America wide in key markets, while at the same time pushing for rapid national and international expansion of market share for its OEM product line. ECOP will then use its market share and extensive client roster for the sale of Energy Management and Demand Response services. 

ECOP plans to use strategic partnerships to accelerate its business model and growth objectives.

Learn more at: 
http://eco-shiftpower.com/
http://www.sunindustriesinc.com/

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the offered shares or any other securities, nor shall there be any sale of such shares or any other securities in any province or state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Contact Information

  • Contact:

    Investors Relations
    contact@eco-shiftpower.com
    +1(519)-650-9506
    Eco-Shift Power Corp.
    1090 Fountain St. N.
    Cambridge, ON
    N5E 1A3
    Canada