Green RG Management, LLC (Green RG) has given Green Energy Management (GEM) a license to market exclusively and distribute patented and proprietary LED technology (the "Technology").

According to the independent testing of the Technology, compared to existing LED technology that typically provides up to 25,000 hours of bulb life, it can produce lighting products capable of providing at least 50,000 hours of bulb life.

With the Technology, it suits for street lights, high bay warehouse lighting, LED office lighting panels, fluorescent tubes, and other LED replacement fixtures that produce the same illumination using in some cases 1/25th of the energy consumption of ordinary light bulbs.

In addition, under the Agreement, Green RG will indirectly receive 10 million unregistered shares of GEM common stock from an existing shareholder and could earn additional shares based upon sales. GEM will not be issuing any additional shares as a result of this transaction.

About Green Energy Management Services Holdings:
 
Based in the eastern United States, GEM is a full service, national energy management company. GEM provides its clients all forms of energy efficiency solutions mainly based in three functional areas: energy efficient lighting upgrades, renewable energy generation and efficient water utilization.

About Green RG Management, LLC:

Green RG Management, LLC is a New Jersey based company, specializing in LED lighting, solar installations, daylight harvesting and radiant barriers using window film insulation. It markets and distributes its cost effective green energy solutions to municipalities, property owners, management companies, developers, retailers and other users of substantial energy resources.