SOURCE: SavWatt USA Inc

SavWatt USA inc

August 01, 2011 08:43 ET

SavWatt Holds Grand Opening

American Job Creation for LED Lights Is Stressed

BALTIMORE, MD--(Marketwire - Aug 1, 2011) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, announced today that the July 28th grand opening event was a successful start to its LED light production in Baltimore with American job creation and providing an alternative source for made in China LED lights. Over 150 people attended the event, with covered topics that included bringing new American jobs back to Baltimore while pushing forward the vision of clean energy to our youth.

Ike H Sutton, SavWatt's President, commented, "SavWatt is moving from its infancy to becoming an LED force. We've positioned ourselves in Baltimore with a new factory and growing workforce, have secured a grant to soon showcase the Eco-Pole in the Maryland Clean Energy Center, have already placed an Eco-Pole in front of the DOT in D.C., and have a committed team, distributors, and partners worldwide. The grand opening furthered our exposure, contacts, and commitment. We anticipate tremendous growth in the next year on top of this solid foundation."

SavWatt Investor Relations, Brendan Magone, commented, "I was thrilled to see the 21,000 square foot facility transformed into SavWatt's Eco-Hub, and to see so many attendees interested in our products, our vision, and supporting the themes of buy American and clean energy for the planet. After attending the LED show in Vegas last week -- just before the grand opening -- I believe without a doubt LEDs are the future of lighting. Pictures of both events, and videos of the grand opening, can be viewed on the official SavWatt Facebook page, facebook.com/SavWatt."

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, 2010, and subsequent filings.
SavWatt and Eco-Pole are registered trademarks of SavWatt USA, Inc.

Contact Information

  • Contact:
    Brendan Magone
    Investor Relations
    1-443-449-2886
    Email: Email Contact