Sunovia Invests $20 million to Produce LED Lighting

Sunovia Energy Technologies Inc. has completed a $20 million investment agreement with Taiwan-based Leader Electronics to start global production of Sunovia's LED lighting products.

The agreement with Leader Electronics includes a direct $1 million capital investment into Sunovia at $0.08 per share. In turn, Sunovia granted Leader the exclusive license to manufacture and distribute the Aimed Optics product lines into China, Taiwan and other strategic markets within Asia.

The agreement positions Leader Electronics as Sunovia's primary fixture manufacturer for large LED lighting projects that will commence during the second half of 2012.

Newly appointed Sunovia CEO Mel Interiano said in a statement, "Leader Electronics is a premier global electronics manufacturing company, and an excellent partner for Sunovia as we increase our worldwide distribution and production capabilities using lean manufacturing processes. We expect our fixture production to quickly grow to more than 20,000 units per month, which puts us in a more stable position to supply the rapidly growing global demand for our high performing LED roadway, area and parking lot lighting solutions.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.