WELLAND, ONTARIO — (Marketwired) — 07/22/13 — CRS Electronics Inc. (“CRS” or the “Company”), (TSX VENTURE: LED), a developer and manufacturer of LED lighting, today announced they have achieved the first in a series of Energy Star® certifications for a new family of LED lamps (bulbs) that will be sold through commercial distribution channels under the QuantumLED brand.
Energy Star is a U.S. Environmental Protection Agency (EPA) voluntary program that helps businesses and individuals identify energy efficient products in order to promote energy savings and reduce pollution through voluntary labeling of products that meet the highest energy efficiency standards.
“We are excited that the new QuantumLED lighting portfolio is in the process of achieving the Energy Star certification milestone,” said Travis Jones, CRS Electronics President & CEO. “Once completed, it will offer the highest lumen output, efficacies, and color temperature ranges on the market. It will also feature 2200 Kelvin color temperatures as a standard option throughout the entire product line.”
Energy Star certified QuantumLED lamps will be available through select electrical distributors beginning in September. CRS Electronics- QuantumLED brand is currently conducting interviews throughout North America for exclusive distributor partners. Interested distributors should contact QuantumLED by email at .
About CRS
CRS Electronics Inc. (TSX VENTURE: LED), a Lighting Facts partner, is a leader in the emerging, rapidly-growing market of high efficiency light-emitting-diode (“LED”), or, solid state lighting (“SSL”). The principal activities of CRS include the development, manufacture and sale, primarily in North America, of indoor lighting such as LED replacement lamps, exterior LED warning lights on school buses, child safety systems for school buses and contract manufacturing of LED circuit boards. CRS plans to be a major supplier of LED lighting solutions for a variety of applications to be developed by CRS on its own and in conjunction with its partners and customers.
Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws which can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other CRS filings, and include availability of sufficient working capital for development and operations, availability of a qualified work force, availability of manufacturing equipment and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other CRS filings at and other unforeseen events or circumstances. Other than as required by law, CRS does not intend, and undertakes no obligation to update any forward-looking information to reflect, among other things, new information or future events.
Contacts:
Investor Relations contact:
CRS Electronics
Matthew Groen, Chief Financial Officer
Media contact:
CRS Electronics
Paul Pohl, Director of Marketing
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