SOURCE: Renewable Energy and Power, Inc.

Renewable Energy and Power, Inc.

October 01, 2015 06:00 ET

Renewable Energy and Power, Inc. Fulfills Initial Contract for LED Lighting at Major Health-Care Organization

Trial Test Successfully Completed for Improved Lighting at Assisted-Living Facility to Improve Environment

N. LAS VEGAS, NV--(Marketwired - Oct 1, 2015) - Renewable Energy and Power, Inc. (OTC PINK: RBNW), a diversified corporation with markets in energy-saving technologies of both LED lighting and solar cells, is pleased to announce that the Company has successfully completed the trial testing period of the initial order for LED lighting in a health-care/assisted-living facility of a major health-care organization. Nationwide, the organization operates more than five hundred skilled nursing centers and assisted senior living communities.

"In addition to the significant cost savings that LED lighting provides, the new LED lights are expected to increase the safety and well-being of the staff and residents of the facility," said CEO Donald MacIntyre. "LED lights have no UV emissions and little heat, can be directed without reflectors, and are highly adjustable through color and intensity to elevate mood and peace-of-mind."

The Company's LED Lighting Division believes health-care facilities are a prime market due to the great savings LED lighting provides in facilities which operate around-the-clock, and by providing a high-quality lighting environment for the residents. The Company also is pursuing lighting contracts in service stations, parking structures, auto-dealerships and other outdoor and indoor markets.

These contracts, along with the Company's LED light design and manufacturing, provide a state-of-the-art LED light made in the United States which provides a marketing advantage over imported, low-quality LED lights. Every member of the technical staff has over 30-years' experience in their respective fields, encompassing mechanical, electrical, control and micro-chip engineering. The U.S. market for LED lighting is expected to continue at an accelerating pace for the ensuing four to five years reaching $10 Billion in 2020. We intend to offer a wide variety of replacement and new construction lights that will enable Renewable Energy and Power, Inc. to be an important part of this market.

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 such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For Public Relations Please Contact:
    Ten Associates LLC