SAN DIEGO, CA — (Marketwired) — 05/21/15 — SpectralCast, Inc. (OTC PINK: SPEC) is pleased to announce that it has entered into a non-exclusive licensing agreement with Intelligent Lighting, Corp. Intelligent is a technology company that manufactures and markets proprietary, energy-efficient products and services to a worldwide customer base. SpectralCast will be licensing Intelligent–s patented Power Disc and eCandescent technologies.
The PowerDisc converts AC to DC power for use in a light socket. Converting to DC power significantly reduces energy consumption and maintenance costs as well as extends bulb life up to one hundred times. It consists of a nylon reinforced thermoset plastic disc, a solid-state rectifying diode and a foam washer with an adhesive surface. The PowerDisc is attached to the base of a light bulb by means of the 3M adhesive coated foam so that the center contact of the bulb is in contact with one end of the diode. When screwed into a light socket, the other end of the diode contacts the center contact of the light socket.
The eCandescent is a next generation, energy efficient, long lasting, fully dimmable incandescent bulb that produces the highest quality light available. The eCandescent, dramatically reduces your energy costs, can last over 100 years. It has absolutely no proven dangers or hazards to your family or our environment, and it gives you unparalleled? lighting control.
SpectralCast expects sales of these products, under the SpectralCast brand name, in its new online store, to begin in June. The online store is just one of the many new features included in the Company–s recently revamped corporate website. The introduction of the online store will coincide with the beginning of the Company–s TV advertising campaign, “We are very pleased to engage with Intelligent and we expect this relationship to be highly profitable for both parties,” said SpectralCast CEO, Robert Meyer. In addition to licensing the two products from Intelligent, SpectralCast also plans to begin research and development of new products that incorporate Intelligent–s technology.
SpectralCast will continue to update shareholders through regular announcements. Please visit us at to learn more about SpectralCast–s product lines, management team, corporate partnerships, and for the latest company related news.
. – SpectralCast is a designer, manufacturer, and licensor of specialty electronics. The company has created a revolutionary new line of consumer electronic products that interact with each other to form a terrestrial encrypted network — we call it Overnet. Overnet creates an individually controlled content environment with access to all forms of media obtained through one location source. SpectralCast has patented solutions for creating a public/private terrestrial network. These products will change the way we interact with each other and our environments. For more information on SpectralCast, Inc. please visit the company website at or on social media at , and
. – Intelligent Lighting, Corp. is a high-technology company that manufactures and markets proprietary, energy-efficient products and services to a worldwide customer base. Founded on a commitment to bringing state-of-the-art, energy-saving technologies to government, business and private sectors around the world, Intelligent Lighting Corp was formed under the laws of Nevada in July of 2013 by Lisa Landau. The company–s mission is to identify, develop, manufacture and market energy-efficient products that benefit the consumer and help the environment while at the same time achieving and maintaining profitability. Our commitment is to empower the consumer to make educated choices regarding the health and quality of life for ourselves, our children and our future generations in order to pursue what is “right” and “good” for our planet. We take –green– to the next level. Please visit the company website at .
Forward-Looking Statements: This press release contains 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, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company–s mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
SpectralCast, Inc. Investor Relations
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