Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Announces Completion of Delivery and Installation of First Lighting Project for CBRE Group, Inc.
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MIAMI - Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, has completed the delivery and installation of its first lighting project for CBRE Group, Inc.
Dror Svorai, CEO of Onteco, stated, " We have successfully completed the delivery and installation of product for our first CBRE property. We are happy to report that this installation of NexPhase LED product is performing well and the tenants within the facility are very happy with the solutions we have provided. We had the chance to install our 2x2 White Optics and Miro troffers along with our 1x4 White Optics Product as well as our 2x4 troffer retrofit product line. This was a perfect application for our lighting products and these types of installations further substantiate why energy savings lighting is gaining traction in the lighting marketplace and continuing to undergo rapid deployment. We are hopeful to continue to foster our relationship with CBRE Group, who is the global leader in real estate services with annual revenues in excess of five billion dollars in 2010."
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.
Additional information about Onteco Corporation is available at: www.Onteco.com
About NexPhase Lighting, Inc.
NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology(TM)", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending" wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
For more information about NexPhase Lighting, Inc. visit: www.nexphaselighting.com
CONTACT: Onteco Corporation
Dror Svorai, President, (305) 932-9795
SOURCE Onteco Corporation
Web Site: www.Onteco.com
