Orion Energy Systems Partners with Leading Energy Management Service Provider
09 Décembre 2024 - 2:28PM
Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a
provider of energy-efficient LED lighting, electric vehicle (EV)
charging stations, and maintenance service solutions, is pleased to
announce a new relationship with a prominent energy management
service provider that serves over 6,500 customer locations across
the county. Orion expects this relationship to generate revenue of
$2 - $5 million per year, with initial revenue anticipated in its
fiscal 2025 fourth quarter ending March 31, 2025.
Orion will conduct facility lighting audits, install lighting
retrofits and provide ongoing maintenance support to improve energy
efficiency and promote sustainability for the service provider’s
diverse nationwide customer base. Additionally, it seeks to enhance
the quality of the lighting environment, contributing to a safer
and more inviting atmosphere.
“We are committed to helping our new turnkey customer decrease
their clients’ facility energy consumption while reducing
environment impacts,” stated Michael Jenkins, Orion CEO. “Our
extensive experience in delivering comprehensive lighting retrofit
programs for large national customers played a crucial role in our
selection for this partnership. Our strategy not only focuses on
energy efficiency and savings, but also assists businesses in
achieving their sustainability goals while improving lighting
conditions at their facilities.”
About Orion Energy SystemsOrion provides energy
efficiency and clean tech solutions, including LED lighting and
controls, electrical vehicle (EV) charging solutions, and
maintenance services. Orion specializes in turnkey
design-through-installation solutions for large national customers,
with a commitment to helping customers achieve their business and
environmental goals with healthy, safe, and sustainable solutions
that reduce their carbon footprint and enhance business
performance.
Orion is committed to operating responsibly throughout all areas
of our organization. Learn more about our sustainability goals and
progress here, or visit our website at www.orionlighting.com.
Safe Harbor StatementCertain matters discussed
in this press release, are “forward-looking statements” intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements may generally be identified as such
because the context of such statements will include words such as
“anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,”
“may,” “plan,” “potential,” “predict,” “project,” “should,” “will,”
“would” or words of similar import. Similarly, statements that
describe our future plans, objectives or goals, including business
relationships with government customers, are also forward-looking
statements. Such forward-looking statements are subject to certain
risks and uncertainties that could cause results to differ
materially from those expected including, but not limited to, the
risks described in our filings with the Securities and Exchange
Commission.
Shareholders, potential investors and other readers are urged to
consider risks and uncertainties carefully in evaluating the
forward-looking statements and are cautioned not to place undue
reliance on such forward-looking statements. The forward-looking
statements made herein are made only as of the date of this press
release and we undertake no obligation to publicly update any
forward-looking statements, whether as a result of new information,
future events or otherwise. More detailed information about factors
that may affect our performance may be found in our filings with
the Securities and Exchange Commission, which are available
at http://www.sec.gov or
at http://investor.oriones.com/ in the Investor Relations
section of our Website. Except as required by applicable law, we
assume no obligation to update any forward-looking statements
publicly or to update the reasons why actual results could differ
materially from those anticipated in any forward-looking
statements, even if new information becomes available in the
future.
Engage with UsX: @OrionLighting
and @OrionLightingIRStockTwits: @OESX_IR |
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Marketing Contact |
|
Steve Paulus, Director, Marketing and CommunicationsOrion Energy
Systems, Inc.spaulus@oesx.com(920) 239-8007 |
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Investor Relations Contacts |
|
Per Brodin, CFOOrion Energy Systems, Inc.pbrodin@oesx.com |
William Jones; David CollinsCatalyst IR(212) 924 9800 or
oesx@catalyst-ir.com |
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