Onteco Corporation (OTC: ONTC), (the “Company”, or “Onteco”), announced today that its subsidiary, NexPhase Lighting, Inc. (“NexPhase”), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, today announced that it will be expanding its NexSense LED troffer product line.
Jon Cooper, President of NexPhase, stated, “We have researched the marketplace closely while developing our 2x2 NexSense LED Troffer and clearly an expanded product line in different form factors is needed to fully satisfy the many market opportunities at hand. Later this year we will be introducing different troffer product configurations for our 2x2 Troffer as well as 1x4 and 2x4 configurations. It is important that we are able to provide our customers with lighting solutions that best match their current building envelope and tenant profile. We are utilizing the modularity and building block design of our initial products so designing and developing this more comprehensive product line has been streamlined. We are very excited by these upcoming product offerings and the increased breath and depth they will provide our customers. We expect full product releases of these new offerings to occur in the fourth quarter.
About Onteco Corporation
Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.