SavWatt USA, Inc. (SAVW) today announced that it has entered into an exclusive worldwide license for LED lights utilizing P2i’s liquid repellent nano-coating technology. P2i (http://www.p2i.com) has won an International Stevie Award for 2011’s ‘Most Innovative Company in Europe ‘ at the 2011 International Business Awards (IBAs), in recognition of how the company’s revolutionary technology challenges the way people think about everyday conventional liquid protection.
Carl Francis , Chief Executive at P2i, comments:
“We have a highly innovative, fast growing and scalable business which is based on proprietary and game-changing technology. Originally developed to protect military clothing against chemical warfare, our liquid repellent nano-coating is now applied throughout five key sectors: Electronics; Lifestyles; Life Sciences; Filtration and Energy; Military and Institutional. We are building on our cutting-edge technology in liquid repellency by moving into anti-microbial, anti-scratch, anti-stain and other functional nano-coatings as well. Working with LED lights opens a whole new sector of applications and we are excited to work with SavWatt.”
SAVW gained 37% on 138M shares traded as of 11:30 a.m. EST
SavWatt USA, Inc. (SAVW)
SavWatt USA, Inc.
1100 Wicomico Street
Baltimore, Maryland 21230
Phone: (866) 641-3507
Fax: (410) 633-1895
IR: Brendan Magone
Phone: (307) 399-2507
Text BRENDAN to 46800 (GO800)
SavWatt is a market-leading innovator of LED lighting. Headquartered in Baltimore, MD, SavWatt is spearheading the LED lighting revolution that is replacing incandescent, fluorescent, and HID light bulbs with energy-efficient, environmentally-friendly LED lighting.