SOURCE: SunSi Energies Inc.
NEW YORK, NY--(Marketwire - Feb 22, 2013) - SunSi Energies Inc. ("SunSi") (OTCQB: SSIE), soon to become ForceField Energy Inc., an international manufacturer, seller and distributor of energy products and solutions, today announced the signing of a distribution agreement with DEK International ("DEK"), a global supplier of technology for the gaming industry. Under the terms of the 5-year agreement, DEK customers will have access to SunSi's energy-efficient LED products and proprietary waste heat ORC technology. The distribution agreement will initially focus on LED products and solutions, and DEK's core customer market in Latin America. Following the deal, SunSi's LED products and services will be marketed on DEK International's website and included in their other marketing materials.
"The addition of DEK International strengthens SunSi's ability to penetrate the Latin America market," said Richard St-Julien, SunSi's Chairman. "We believe DEK aligns well with our current distribution strategy and will complement our existing agreements allowing us to expand our reach and serve a broader customer base. We are confident DEK's expertise, customer access and commitment will accelerate the adoption of our LED products within this market."
LED lighting technology can provide energy efficiency, cost savings and aesthetic improvement over traditional non-LED lighting configurations. The major benefits of LED technology include lower power consumption (saving energy), longer life (saving labor and time), and less heat generation (improved temperature control).
"We strive to offer an array of advanced technology products, and this agreement will now allow us to provide our customers with innovative LED lighting solutions," said Jean-Paul Sabini, DEK International CEO. "We're seeing increasing market demand from our customers for high-quality cost-efficient LED solutions, and therefore SunSi's LED products represent a key addition to our portfolio. We believe this will further strengthen our ability to support the needs of our growing customer base."
About DEK International
Established in 1994 and headquartered in Central America, DEK International is a respected worldwide supplier of technology for the gaming industry. Operating through its network of local offices in more than 25 countries spanning the United States to Argentina, DEK International has developed a large portfolio of technology products for hotels and gaming venues. In order to meet the increasing demand of its customers, DEK International's mission is to develop new products that will add to its existing portfolio of leading brands. DEK International, is a subsidiary of Sabia Corporation, a diversified technology company focusing on gaming operations in North and Latin America. Please visit the company's website at www.sabiacorporation.com.
About SunSi Energies Inc.
SunSi Energies is a global company whose products and solutions focus on renewable energy and improved energy efficiency. SunSi's subsidiary, TransPacific Energy Inc. ("TPE") has patented a technology which uses proprietary multiple component fluids that are environmentally sound, non-toxic and non-flammable. Custom formulated mixtures efficiently capture and convert heat directly from the heat source at temperatures ranging from 75° F to 950° F. TPE's technology offers applications at broader temperature ranges than other energy recovery systems. TPE's systems in certain applications reduce operating and maintenance costs thereby significantly improving return on capital expenditures thus making the purchase of waste heat recovery systems which previously yielded nominal savings, economically viable.
SunSi is the exclusive distributor in the U.S., Canada, Mexico, Latin America, and the Caribbean of light emitting diode ("LED") commercial lighting products and fixtures for a premier LED manufacturer, Lightsky. An LED is a semiconductor device which converts electricity into light. The LED light is considered "green" because of the absence of dangerous chemicals and an accompanying significant reduction in energy consumption depending on the application, from 50% to 70% of traditional lighting products.
SunSi, is also a significant manufacturer and distributor of trichlorosilane ("TCS") in China. TCS is a specialty chemical primarily used in the production of polysilicon, which is an essential raw material in the production of solar cells for PV panels that convert sunlight to electricity. TCS is also the principal source of ultrapure silicon in the semiconductor industry. For additional information regarding SunSi Energies Inc. or Transpacific Energy, Inc., please visit the companies' websites at www.SunSienergies.com, www.transpacenergy.com, www.lightsky-led.com or contact Richard St-Julien at (212) 672-1786.
Except for statements of historical fact, the matters discussed in this press release are forward-looking. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects" or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include (i) the Company's ability to generate significant revenues from its waste heat technology and LED lighting segments, (ii) the Company's ability to obtain adequate financing to achieve its business plan (iii) a decision by the SEC to delay or not approve the Company's request to change its name to ForceField Energy Inc, (iv) that SunSi's agreement with DEK will accelerate the adoption of SunSi's LED products, (v) and other factors without limitation which are detailed in documents we file from time to time with the Securities and Exchange Commission, which are available at www.sec.gov.