Chow Tai Fook Selects Lightscape Technologies for Retail Lighting Projects in China and Hong Kong
15 Enero 2009 - 7:30AM
Marketwired
Lightscape Technologies Inc. (OTCBB: LTSC), an operator of outdoor
LED billboards and provider of LED solutions, announced today that
a leading jewelry retailer in mainland China and Hong Kong, Chow
Tai Fook Jewellery Co. Ltd, has appointed Lightscape to undertake
several lighting projects for its retail stores in China and Hong
Kong.
Recognized as a leader in annual sales among all diamond
merchants in China and Hong Kong, Chow Tai Fook is well established
in mainland China with a network of over 500 retail stores. To
further enhance Chow Tai Fook's brand as a quality jeweler among
affluent consumers in many of China's fast developing first- and
second-tier cities, Lightscape has been engaged to provide total
LED solutions for two of Chow Tai Fook's most prominently located
retail stores in Beijing and Guangzhou respectively. Lightscape's
services will include concept development, supply and build as well
as on-going maintenance.
Bondy Tan, President and CEO of Lightscape, said, "Innovative,
indoor illumination is a powerful brand-building medium and we are
honored to be chosen as Chow Tai Fook's strategic LED lighting
solution partner. This partnership with Chow Tai Fook underscores
market confidence in Lightscape's retail lighting solutions and our
ability to add value to retailers' efforts in creating a unique
brand experience for Chinese consumers."
Chow Tai Fook's Beijing store will be the first to showcase
Lightscape's total LED solution which features a 5.31-square-meter
high-quality LED screen in fine pixels and two sets of FX Glass
Dual measuring 4.08 square meters. The store in Guangzhou, the
capital of Guangdong Province, will be the second and will feature
a gigantic in-store LED feature wall that will extend over two
floors. The Guangzhou installation will use a 6.91-square-meter
high-quality LED screen in fine pixels and 22 square meters of FX
Glass with high tech glassy and metal materials.
In Hong Kong, Lightscape has been installing new LED-powered
shop front signage at Chow Tai Fook's Tsim Sha Tsui store, which is
located in Hong Kong's most famous shopping district on the Kowloon
side. Covering 7 square meters, the LED signage uses approximately
500 LED light sources and is prominently located directly above the
shop entrance. When completed, the innovative LED signage will draw
attention to Chow Tai Fook's brand in a vibrant shopping
environment.
"Our LED solutions make an excellent alternative for companies
who are concerned about energy consumption and the impact on the
environment. By employing green and energy efficient solutions,
companies find that they can benefit from significant cost savings
over the medium to longer term," said Mr. Tan.
About Lightscape Technologies
Lightscape Technologies Inc. (OTCBB: LTSC) is one of the leading
digital media and LED solutions companies in Asia. Lightscape is
building an outdoor LED media network in China focused on LED
billboards in prime locations. The Company also designs, markets,
sells and installs large-scale LED video screens and LED systems,
operates outdoor LED advertising billboards, and provides LED
screen rentals. Lightscape is headquartered in Hong Kong, and the
Company has offices in Singapore, China and Macau. For additional
information, please visit www.lightscapetech.com.hk.
Cautionary Disclaimer -- Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended, and Section 21E of the United States
Securities Exchange Act of 1934, as amended. Such forward-looking
statements include, among others, the estimation, expectation
and/or claim, as applicable, that: for Chow Tai Fook's Beijing
store, Lightscape will provide a total LED solution which features
a 5.31-square-meter high-quality LED screen in fine pixels and two
sets of FX Glass Dual measuring 4.08 square meters; for Chow Tai
Fook's Guangzhou store, Lightscape will provide an LED solution
which includes a gigantic in-store LED feature wall that will
extend over two floors, a 6.91-square-meter high-quality LED screen
in fine pixels and 22 square meters of FX Glass with high tech
glassy and metal materials; Lightscape expects to complete the
installation of new LED-powered shop front signage at Chow Tai
Fook's Tsim Sha Tsui store; and that Lightscape's LED solutions are
expected to be an energy efficient alternative for clients which
provide significant cost savings over the medium to longer term.
Actual results could differ from those projected in any
forward-looking statements due to a variety of risks, uncertainties
and other factors, including, but not limited to, delays in the
supply of LED modules, LED video screens and other hardware; risks
of downturns in economic conditions generally and in Hong Kong and
China specifically; competition with larger companies with greater
resources and more experience in providing LED solutions; the
availability of timely financing; and the Company's ability to
manage growth. These forward-looking statements are made as of the
date of this news release and the Company assumes no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although the Company believes that the
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance those beliefs,
plans, expectations, or intentions will prove to be accurate.
Investors should consider all of the information set forth herein
and should also refer to the risk factors disclosed in the
Company's periodic reports filed from time-to-time with the
Securities and Exchange Commission and available at
www.sec.gov.
Contacts: Thomas Smith Ogilvy Public Relations 212-880-5269
Email Contact Robert Cavosi Ogilvy Public Relations 212-880-5326
Email Contact
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