BALTIMORE, MD--(Marketwire - May 25, 2011) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, announced today that SavWatt will be installing an Eco-Pole at Washington, DC Department of Transportation (DOT) managed park and at the State University at Stony Brook in Long Island, New York at the University's new Energy Building. The Eco-Pole is a LED street light that uses wind and solar technology for its energy source and does not require any connection to the electrical grid. Another Eco-Pole will be installed in a Washington, DC Park facility managed by the DOT where security lighting is urgently needed and where the Eco-Pole can easily be installed without the requirement of underground electrical wires.
Sam Abecassis, VP of Business Development of SavWatt, commented, "Our Eco-Pole recently attracted worldwide attention while featured at the international LightFair. Wind and solar powers this LED street light. Additionally, the wind turbine's aesthetics make it unique and at a $10,000 price tag, the Eco-Pole functions as a true eco solution that can be implemented nationwide and beyond."
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.