2012-07-20

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 manufactu...
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