U.S.-based Seesmart, Inc., a wholly owned subsidiary of Revolution Lighting Technologies, Inc. (RVLT), has received a $5 million order for LED lighting products with a total potential value of $10 million.
These LED products manufactured by Seesmart will be installed in retail stores, office complexes, warehouses and storage facilities within the first quarter of 2013. And Revolution Lighting Technologies expects to receive a second order totaling $5 million immediately thereafter.
According to Ken Ames, Director of Sales for Seesmart, “We are anticipating tremendous growth in 2013 as the millions of dollars of quotes in our pipeline begin to convert to sales. We have worked diligently in creating a solid network of 50 exclusive distributors and 300 representatives to educate the end-user about LED technology and its benefits.”