SOURCE: SavWatt USA Inc.

SavWatt USA Inc.

January 28, 2011 10:02 ET

SavWatt CEO Discusses LED Lighting and Company Growth in Interview

BALTIMORE, MD--(Marketwire - January 28, 2011) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the green revolution, announced today that CEO Michael Haug gave a detailed interview covering company activities and expected growth that can be accessed at http://chartpoppers.com/ireports.

Michael Haug further commented, "In the recent State of the Union address, President Obama emphasized clean energy, green technology, and made in America products that help create jobs and boost our economy. SavWatt fits perfectly with all of these, and we look forward to our new Baltimore factory which is scheduled to be completed in six to eight weeks. LEDs are the future of lighting, and SavWatt's high quality products and Buy American program will quickly position us in the green energy and the lighting revolution. Let us embrace what President Obama called our 'Sputnik moment' and 'out-innovate, out-educate, and out-build the rest of the world.'

"In other company activities, SavWatt has uplisted to the OTC Bulletin Board, and our website is being updated. For the last several months we have been diligently working on product development and obtaining certifications, for example, Energy Star. Now our focus is shifting to sales. We have an extensive list of products on the website now available for purchase. In addition, there is a tremendous amount of federal stimulus funding for municipalities, middle schools, high schools, universities, and businesses to access if they follow green energy and built-in-America classifications. SavWatt's 'Buy American' program is tailored to meet these classifications, and applications are available on our website."

About SavWatt
Fast becoming the market leader in LED lighting, SavWatt focuses on developing innovative, energy-efficient and cost-effective LED lighting solutions. By delivering value added, application-specific LED lighting systems, we can significantly reduce energy costs and minimize our carbon footprint world-wide. SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb. SavWatt's product families include LED fixtures, bulbs, street lights, and parking lights. For additional product and company information, please refer to www.savwatt.com. To hear audio updates on the company text SAVW to 46800. Visit our official Facebook page at http://www.facebook.com/SavWatt.

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may encounter delays or other difficulties in ramping up production of our new products; the rapid development of new technology and competing products that may impair demand or render SavWatt's products obsolete; and other factors discussed in SavWatt's filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2009, and subsequent filings.

SavWatt is a registered trademark of SavWatt USA, Inc.

Contact Information

  • Conatct:
    Brendan Magone
    Investor Relations
    1-307-399-2507
    Email Contact or
    Text BRENDAN to 46800 (GO800)