SOURCE: Light Engine Design Corp

Light Engine Design Corp

May 18, 2017 06:00 ET

Light Engine Design Corp. Announces Relocation From Tempe, Arizona to North Texas

TEMPE, AZ--(Marketwired - May 18, 2017) - Light Engine Design Corp. (OTC PINK: TLED), is pleased to announce it is relocating from Tempe, Arizona to North Texas to take advantage of the myriad of incentives and programs offered within the Lone Star State. In addition, TLED currently outsources many engineering and manufacturing tasks to companies within North Texas and being closer, and within the same time zone, will facilitate more efficient relationships with these organizations.

The Company has engaged Younger Partners, of Dallas, Texas, a full-service real estate firm (http://www.youngerpartners.com/), to help with identification and negotiation of/for suitable commercial property. The firm was chosen because of its widely-diversified skill-set, including commercial leasing, property management, and commercial real estate investment knowledge and experience.

"Texas provides for an unbelievable spectrum of incentives for companies willing to establish themselves there, including tax deductions and exemptions, research initiatives, energy incentives and a wide range of funding possibilities," said Robert Manes, the Company's CEO. "The caliber of the professional and scientific talent here is amazing, especially within our specialty field of lighting physics," said Kevin Stone, the Company's President and CTO, "Further, the exceptional quality of life here provides additional attraction and retention of a very high quality workforce."

About the Company: Light Engine Design Corp and its wholly-owned subsidiaries, Dallas Lighting & Photonics and Tall Trees LED Company, is focused on becoming an industry pioneer in the research, development, manufacturing, and sales of state-of-the-art Solid-State Lighting (SSL). The Company is specializing in the design of advanced light engines and fixtures employing innovative, unique light emitting diode (LED) and laser phosphor technologies for use in the entertainment, architectural/entertainment (architainment) and frequency-specific biological lighting industries.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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