Eco Depot Appoints Exclusive Distributor for Mexico for LED Lighting Systems
12 Agosto 2010 - 7:30AM
Marketwired
Eco Depot, Inc. (OTCQB: ECDP) (PINKSHEETS: ECDP) today announced
the completion of an exclusive distributor agreement for its
advanced LED lighting products and lighting systems in Mexico.
Under the terms of the Agreement, Eco Depot S.A. de C.V. will
act as sole Mexican retail and commercial distributor for all
highly energy-efficient ECO DEPOT products including LED Indoor
lighting panels, warehouse lighting, street and parking lighting,
and a comprehensive range of green lighting solutions.
The appointment is strategic for the Company, as Mexican
consumers and retailers prepare for the Mexican government
legislated transition away, beginning in 2012, from
energy-inefficient incandescent bulbs.
The distribution agreement specifies minimum annual purchases
for Five Million US Dollars ($5,000,000 USD) per year for two years
and is renewable based on the distributor's achievement of certain
milestones. Management of Eco Depot S.A. de C.V. currently has
influential relationships in the lighting markets and government
LED retrofitting programs throughout Mexico. The relationship will
be serviced by CS Tech Mexico S.A. de C.V., Eco Depot's LED
Lighting manufacturing plant located in the NAFTA Industrial Zone
of Northern Baja California, Mexico.
"We are very pleased to be partnering with Eco Depot S.A. de
C.V. to distribute our full line of revolutionary LED Lighting
products in Mexico," said Arthur Han, Special Assistant to the
President and CEO. "Eco Depot, Inc. is debuting itself as a leading
LED Lighting provider in Mexico, and has a delivery capacity of
over 30,000 Lighting Fixtures per month to effectively enter the
marketplace as a vital competitor. This is our first distribution
agreement in Latin America, and we plan to expand our distribution
network to other Latin American countries in 2011."
About Eco Depot, Inc. and its CS Tech (America) Division
ECO DEPOT's Lighting Division, CS Tech (America), possesses
several cutting-edge technologies and emerging high-tech LED
Lighting solutions -- that has the potential of readdressing the
way lighting and ecology converge throughout the world. Eco Depot
revolutionizes how the world engages with LED Lighting Solutions to
comply with the multi-national ban on incandescent lighting. For
more information, visit www.ecodp.com.
© 2010 Eco Depot, Inc. All rights reserved. Eco Depot, CS Tech
(America), the Eco Depot logo, and the CS Tech (America) logo are
either pending or registered trademarks of Eco Depot, Inc.
Public Relations Contact: Corporate Relations Group Inc.
1-888-789-6314 Email Contact
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