SOURCE: Eco-Shift Power Corp.

Eco-Shift Power Corp.

February 19, 2015 07:00 ET

Eco-Shift Power Corp (OTCQB: ECOP) Reaches Agreement for Pilot Project at the Head Office of Intu, United Kingdom's Largest Shopping Center Operator

CAMBRIDGE, ON--(Marketwired - February 19, 2015) - Eco-Shift Power (OTCQB: ECOP), one of Canada's leading energy management and lighting firms, announced today the trial of its NetZero LED Flat Panel with Intu -- the UK's largest shopping center operator.

With investments of £1.2 billion set aside over the next 10 years for active management projects and major extensions, Intu is heavily committed to the continuous evolution of their shopping centers. Efficient lighting, having one of the quickest ROIs amongst other sustainable initiatives, is an ideal place to start when undergoing building transformations.

"The deployment of our intelligent LED Lighting trial at Intu's prestigious St James' office in central London will demonstrate ECOP's savings delivery and enhanced lighting for Intu's offices and their UK shopping malls," said Eco-Shift Power's CEO Alistair Haughton at Intu's office. "Our sales agent -- A+ Group -- has earned a tremendous reputation with Intu for selecting and deploying best-in-class technology for the client. Coupling this relationship with our NetZero Flat Panels means Intu can start optimizing their lighting systems immediately," Haughton continues.

This turn-key trial ensures Eco-Shift Power oversees every aspect of the lighting retrofit project from Installation to Ongoing Maintenance Service & Care to Full Back-Office Support along with the A+ team as a key partner for Intu.

"The new lighting trial is the first step for us to future proof our head office via an energy efficient lighting retrofit program," says Martin Roche, Managing Director of the A+ Group. Ultimately, A+ will be using the high efficiency flat panels in aggregation with Eco-Shift's Radium light management system. Seeing that Intu are proven leaders in minimizing environmental impacts and share best practices with their suppliers, retailers and visitors, A+ Group was able to quickly garner interest in the NetZero Flat Panel with Intu.

Though the NetZero Flat Panel would produce energy savings, Eco-Shift Power's Radium light management suite will provide Intu with the ability to transform their facilities into smart, energy efficient and cash flow positive buildings. This is accomplished by state of the art IP-addressable light fixtures with wireless communication. Eco-Shift Power's Radium software platform will communicate with selected individual lights and reduces energy when there is a peak usage via the embedded algorithms managing the facility.

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.

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Contact Information

  • Contact:
    Investors Relations
    Eco-Shift Power Corp.
    1090 Fountain St. N.
    Cambridge, ON
    N5E 1A3