/C O R R E C T I O N -- PureRay Corporation/
19 Septembre 2008 - 2:51AM
PR Newswire (US)
In the news release, PureRay (OTC Bulletin Board: PURY) Makes
Commitment to Clinton Global Initiative, issued earlier today by
PureRay Corporation over PR Newswire, we are advised by a
representative of the company to disregard the original version,
due to several changes. Complete, corrected release follows:
ATLANTA, Sept. 18 /PRNewswire-FirstCall/ -- PureRay Corporation
(PureRay) today announced its Commitment to Action -- a pledge of
up to 110,000 self- contained, solar-powered LED light-bulb systems
-- to the Clinton Global Initiative (CGI), a measured program for
turning ideas into action and moving the world to "a more
integrated global community of shared benefits, responsibilities,
and values." PureRay lighting systems are comprised of a
solar-powered charging station and rechargeable LED bulbs designed
for use in off-grid markets, such as those of the developing world.
It offers a safe, reliable and more affordable alternative to
fuel-based lighting, thus improving a large number of health,
safety and economic issues for consumers in these markets. The
charging stations are powered by solar panels and are capable of
charging three bulbs at a time. They can also be used to power cell
phones and other small electronic devices. Under the Commitment to
Action, PureRay will match 10% of donations provided by donor
churches and other organizations throughout North America who will
join PureRay in making the pledge, up to 110,000 total units
(valued at more than $15 million) pledged. The units will be
delivered to CGI over the course of the next two years. "Our
technology will truly change lives in some of the most
disadvantaged areas of the world," said Mr. Jefrey Wallace,
PureRay's president/CEO, "We are honored to accept President
Clinton's invitation and excited to announce our commitment at the
CGI Annual Meeting, given the product's benefits related to health,
safety and energy." Focused this year on education, energy and
climate, health, and alleviating poverty, the Clinton Global
Initiative is an annual, by- invitation-only event that asks member
organizations and individuals to define and pursue new, specific,
and measurable approaches to a global challenge. Each commitment,
as well as its size and scope, is the responsibility of the member.
Members who do not make a commitment are unable to participate in
further CGI events until they do. According to the CGI, program
participants include a select and diverse group of heads of state,
CEOs, media voices, philanthropists, foundation heads, religious
leaders, academics, original thinkers, and those who run highly
effective non-profit organizations. The CGI matches people who
possess the necessary resources with those who have the most
innovative ideas and greatest capacity for their implementation.
About PureRay Corporation An Atlanta-based lighting technology
company, PureRay is committed to improving the quality of light and
the quality of life globally through safe, energy-efficient
lighting. PureRay focuses on making solar-based charging and
lighting systems practical and cost-effective for developing-world
countries in Africa, South Asia, the Caribbean and Latin America,
as well as for domestic markets. Its proprietary lighting system is
patent-pending. PureRay stock currently trades on the OTCBB
Exchange under the stock symbol PURY. About the Clinton Global
Initiative Founded in 2005 by former U.S. President Bill Clinton,
CGI is a non- partisan catalyst for action that brings together a
community of global leaders from various backgrounds to devise and
implement innovative solutions to some of the world's most pressing
challenges. To date, CGI members have made nearly 1,000 commitments
valued at some $30 billion to enhance millions of lives in more
than 150 countries throughout the world. This Press Release may
contain, in addition to historical information, 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. These forward-looking statements are
identified by their use of terms and phrases such as "believe,"
"expect," "plan," "anticipate" and similar expressions identifying
forward-looking statements. DATASOURCE: PureRay Corp.
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