Hi Score Board of Directors Resolves to Re-Enter the Hundred Million Dollar LED Energy Saving Streetlight Market
12 Juillet 2011 - 2:30PM
Marketwired
Hi Score Corporation (PINKSHEETS: HSCO) announced today that its
Board of Directors has resolved to renew its efforts to pursue
sales in the ever growing Energy Saving LED Streetlight market. The
decision to resume attention in this direction comes after months
of ensuring corporate integrity as the company adjusted to the
acquisition of DMD Lighting and Energy Control Systems.
"The Energy Saving Streetlight Market is huge," said Dominick
Falso, COO of Hi Score and CEO of DMD. "I in no way wanted us to
turn away from it permanently. I still believe that we have
opportunities in front of us to sell millions of dollars into this
market. Feedback from the prospects I have been speaking to
indicate sales would begin to materialize sooner rather than later
and there is a real hunger for what we have to offer."
Dominick Falso was appointed as Hi Score's Chief Operating
Officer in January of this year. The appointment was made just
weeks after Mr. Falso accepted the position as CEO of Hi Score
owned DMD Lighting & Energy Control Systems Inc. Mr. Falso was
brought on to bolster the company's lagging gross sales volume. The
company is very optimistic about the future.
About Hi Score
Hi Score Corporation is a supplier of eco-friendly lighting
products in the Western Hemisphere. It offers its customers the
fiscal and ecological practicality of utilizing safe, efficient,
solid state green lighting rather than conventional fluorescent and
incandescent bulbs. The Company offers the widest selection of high
quality, long lasting LED lighting products that that can replace
existing incandescent, fluorescent and halogen bulbs as well as
compact fluorescent lights. Additionally, the Company offers
Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and
REPCO Labels, respectively. The Company sells its products directly
to distributors, consumers and businesses, as well as to
municipalities.
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 that are based upon assumptions that in the future may
prove not to have been accurate and are subject to significant
risks and uncertainties, including statements as to the future
performance of the company and the risks and uncertainties detailed
from time to time in reports filed by the company with the
Securities and Exchange Commission. Although the company believes
that the expectations reflected in its forward-looking statements
are reasonable, it can give no assurance that such expectations or
any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not
limited to, the company's ability to raise necessary financing,
retention of key personnel, timely delivery of inventory from the
company's contract manufacturers, timely product development,
product acceptance, and the impact of competitive services and
products, in addition to general economic risks and
uncertainties.
CONTACT: Hi Score Corporation Michael Zoyes President (954)
922-5740 www.hiscorecorporation.com
Hi Score (CE) (USOTC:HSCO)
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