InfoSpi, Inc. (OTCQB: ISPI)
InfoSpi, Inc. operates within the energy saving lighting industry through its wholly owned subsidiary NexPhase Lighting, Inc.
The Company 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. ISPI is involved in the marketing and selling of NexPhase’s products.
Commercial Applications Growth Area
ISPI is focused on the next big LED lighting growth area: commercial applications. LED lighting is anticipated to reach an inflection point in the next five year as solid state lighting costs come down and performance increases, LEDs will become a practical option for an increasing number of commercial applications. LED lighting for retail and office and professional and institutional buildings is anticipated to be the next big growth area.
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.
Market for Commercial LED Lighting
Lighting accounts for about 17.5% of global electricity use and, within the United States, the majority of lighting energy is consumed in commercial buildings. Recent innovations in lighting technologies, particularly the development of solid state lighting using light emitting diodes (LEDs), hold significant long-term potential for energy savings in the commercial building sector. LED lighting will become an increasingly important segment of the market, and by 2020 it will achieve a 46% penetration of the $4.4 billion U.S. market for lamps in the commercial, industrial, and outdoor stationary sectors.
Dror Svorai – President
Phone (305) 932-9795
NexPhase Lighting, Inc.
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate,” “project,” “intend,” “forecast,” “anticipate,” “plan,” “planning,” “expect,” “believe,” “will likely,” “should,” “could,” “would,” “may” or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited operating history, the limited financial resources, domestic or global economic conditions — activities of competitors and the presence of new or additional competition and conditions of equity markets.
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