SOURCE: mLight Tech, Inc.

September 04, 2013 17:24 ET

mLight Tech, Inc. Expects Revenue to Exceed 10 Million in 2014

COSTA MESA, CA--(Marketwired - Sep 4, 2013) - mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today that it is planning to acquire several companies in the automotive industry that will provide significant revenue in 2014. The first acquisition is The Ding King Training Institute. On August 14, 2013 mLight Tech, Inc. announced the signing of a binding letter of intent to acquire 100% of the stock of The Ding King Training Institute, Inc. Todd Sudeck is the CEO of both companies and has corporate authorization to finalize the agreement for both entities; therefore, the acquisition will take place upon completion of the audited financials which is expected in the next few weeks.

The Ding King currently operates a State Licensed Training School in California and plans to expand into Texas and Florida in the first quarter of 2014. With the expansion of The Ding King Schools and with the anticipated approval from the Department of Veterans Affairs alone, The Ding King expects enrollment to increase significantly, which will positively impact sales.

mLight Tech CEO Todd Sudeck explained, "Ding King had tremendous success on television with its Do-It-Yourself Dent Repair Kit featuring Billy Mays (watch commercial) and is anticipating sales from its new business opportunity infomercial to be the driving force for the company's revenue for 2014.


The Ding King Training Institute is a Bureau for Private Postsecondary Education (BPPE) approved institution, and has been certified to meet the minimum standards established by the Bureau for integrity, financial stability, and educational quality, including the offering of bona fide instruction by qualified faculty and the appropriate assessment of students' achievement prior to, during, and at the end of its training programs.

The Ding King Training Institute teaches Paintless Dent Repair and its PDR Tools are distributed on over 3,000 Snap-On Tool Trucks nationwide and its do-it-yourself dent repair kit called Ding King was marketed on television and sold at major retailers across the United States.

mLight Tech, Inc. (OTCQB: MLGT) trades on OTCQB, the venture state marketplace for companies that are current in their reporting with a U.S. regulator (SEC, bank, insurance).

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of mLight Tech, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

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