Savwatt USA inc

August 19, 2011 10:36 ET

SavWatt Signs Exclusive Licensing Agreement With P2i to Make SavWatt LED Lights Water and Dirt Resistant

BALTIMORE, MD--(Marketwire - Aug 19, 2011) - SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, announced today that it has entered into an exclusive worldwide license for LED lights utilizing P2i's liquid repellent nano-coating technology, see P2i, the world leader in liquid repellent nano-coating technology, has won an International Stevie Award for 2011's 'Most Innovative Company in Europe' at the 2011 International Business Awards (IBAs), in recognition of how the company's revolutionary technology challenges the way people think about everyday conventional liquid protection.

Carl Francis, Chief Executive at P2i, comments: "We have a highly innovative, fast growing and scalable business which is based on proprietary and game-changing technology. Originally developed to protect military clothing against chemical warfare, our liquid repellent nano-coating is now applied throughout five key sectors: Electronics; Lifestyles; Life Sciences; Filtration and Energy; Military and Institutional. We are building on our cutting-edge technology in liquid repellency by moving into anti-microbial, anti-scratch, anti-stain and other functional nano-coatings as well. Working with LED lights opens a whole new sector of applications and we are excited to work with SavWatt."

"This exclusive license from P2i strengthens our goal of becoming the leader in LED lighting and provides a differentiating factor for SavWatt LEDs, especially for outdoor lights and street lights. P2i's technology will definitely be game changing for SavWatt in the worldwide LED Lights market segments for Cruise Ships, Marine Industry and the Navy," noted Ike H. Sutton, founder of SavWatt.

About P2i
P2i is the world leader in liquid repellent nano-coating technology. It was established in 2004 to commercialize liquid-repellent treatments developed by the UK's Ministry of Defense. Now on a commercial scale, P2i's patented process has been successfully applied to a wide range of products in a wide range of markets including lifestyle, electronics, military and institutional, life sciences, energy and filtration. In consumer sectors, the presence of P2i's technology is indicated either by ion-mask™, its brand for footwear, outdoor clothing and accessories, or Aridion™, its brand for electronics. See for more information.

About SavWatt
SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights. For additional product and company information, please refer to To hear recorder updates on the company text SAVW to 46800.

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.

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