May 17 2010
PowerSecure International, Inc. (Nasdaq: POWR) today announced that it has unveiled a new LED based area light for utilities, and has already received its first order.
The new light is used to illuminate streets, sidewalks, and other infrastructure served and owned by utilities and municipalities. The new light includes a breakthrough design that reduces energy consumption by two-thirds, reduces maintenance expense due to a five-fold improvement in light life, and improves the quality of light compared to traditional area lighting. Additionally, the light is designed to provide maximum “dark sky” benefits to the community and to enable the lighting retrofit process to be highly efficient. The Company’s new area light is manufactured in the Raleigh, NC area.
The Company’s first order is from a large electric cooperative who will install 200 lights in an initial phase of a program to upgrade and improve the efficiency of its area light infrastructure. In total, this utility has over 400,000 area lights in operation.
Sidney Hinton, CEO of PowerSecure, said, "We are very excited about the potential for the new area light. Just one week after unveiling it to the market, we received our first order. This is a testament to the strength and ingenuity of the light’s innovative design, which delivers a fantastic quality of light and minimizes on-going maintenance cost – providing utilities with a strong return on their investment. We are very encouraged by the initial feedback we are receiving from customers on this new product and its potential in the marketplace.”