MIAMI, Aug. 15, 2012 /PRNewswire/ -- Hi Score
Corporation (PINKSHEETS: HSCO) announced today that its subsidiary
Green LED Technology Inc, has struck a deal with Miami
Lighting Distributor, NexPhase Lighting. The deal calls for
NexPhase to use Green LED Tech as a primary source for its Energy
Saving Lighting needs.
Company COO Dominick Falso has
been negotiating with top executives at NexPhase for some time.
"NexPhase is expanding its efforts in the Energy Saving Lighting
end of their distribution efforts and we are honored that they are
relying on us to fill these needs…it is a little too soon to
predict the amount of business that this new alliance will
generate, but I am confident that it will be substantial and will
certainly help our bottom line," said Mr. Falso. The orders from
NexPhase are in addition to the ongoing orders that the company is
receiving from its recently divested subsidiary, DMD Lighting and
other customers.
This announcement comes on the heels of the company's
announcement that it will be seeking to expand its presence in the
Energy Saving Lighting Sector through efforts to acquire an
existing private company in the same field. Mr. Falso, who is very
excited about the proposed expansion, is expected to keep the
stockholders up to date on these efforts as time goes on.
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, 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) 990-6827
www.hiscorecorporation.com
SOURCE Hi Score Corporation