SOURCE: InfoSpi, Inc

February 16, 2011 14:14 ET

InfoSpi, Inc. Completes Share Exchange With "Green" LED Manufacturer, NexPhase Lighting, Inc.

MIAMI, FL--(Marketwire - February 16, 2011) - InfoSpi, Inc. (PINKSHEETS: ISPI) (the "Company") announced today that it closed its previously announced share exchange transaction with NexPhase Lighting Inc.("NexPhase"). NexPhase is in the business of designing, developing and manufacturing high efficiency, American-made LED intelligent lighting fixtures.

"I am delighted that we were able to complete this transaction," said InfoSpi President and CEO Dror Svorai. "It means that we are now the first U.S.-based designer, developer and manufacturer of 'patent pending' high efficiency, cost effective and 'green,' intelligent LED lighting fixtures. Moreover, NexPhase's highly exciting intellectual property further demonstrates America's ingenuity to drive down everyday energy costs." He added, "We can now embark on the marketing and selling of NexPhase's cutting edge products."

About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the most cost effective, and highest efficiency fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™," which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.

For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com 

About InfoSpi, Inc.
InfoSpi was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing industries and governments around the world. InfoSpi strategic intent is to bring together experts in environmental technology, business strategy and implementation and the sciences to produce unique and effective solutions to today's challenges in green technology and energy conservation.

Additional information about InfoSpi is available at: www.InfoSpiinc.com.

Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

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