Attached files
| file | filename |
|---|---|
| 8-K - BRAND NEUE CORP | v187824_8k.htm |
| EX-10.1 - BRAND NEUE CORP | v187824_ex10-1.htm |
Exhibit
99.1
Brand
Neue Corp. Announces Exclusive Agreement to Distribute Advanced 'Green' LED
Lighting Products & Systems in North America
BENTONVILLE,
ARKANSAS, Jun. 8, 2010 (Marketwire) — Brand Neue Corp. (OTCBB:BRNZ) ("Brand
Neue" or the "Company") today announced the execution of an agreement (the
"Agreement") to become the exclusive distributor of Luma Vue, Inc. ("Luma Vue")
advanced LED lighting products and lighting systems in North
America.
Under the
terms of the Agreement, Brand Neue will act as sole North American retail and
commercial distributor for all highly energy-efficient Luma Vue products
including LED frames, panels, tubes, refrigeration and warehouse lighting,
billboard lighting, street and parking lighting, signs and a comprehensive range
of indoor and outdoor lighting bulbs, tubes and green lighting
solutions.
The
signing is strategic for the Company, as American consumers and retailers
prepare for the US government legislated transition away, beginning in 2012,
from energy-inefficient incandescent bulbs, and toward energy-efficient forms of
lighting. Several other countries plus the European Union have followed suit,
and further legislation is expected. National retailers have already implemented
policy changes regarding lighting buying, and the percentage of shelf space
attributed to LED lighting and lighting products has increased dramatically in
recent months.
On
average, LED lights operate at approximately 80-percent efficiency; that is they
convert about 80-percent of electrical energy into light energy, losing the
remaining 20-percent to heat. Traditional incandescent light bulbs average
20-percent efficiency, losing up to 80-percent of electrical energy to heat
instead of light. Notwithstanding the benefits of reducing ambient heat, the
downstream benefits of drastically reduced energy consumption are
incalculable.
"Already,
Luma Vue products are available in retail stores in the United States. Sales are
impressive and distribution is growing. We are supremely confident, not only
about our retail sales projections, but about the vast industrial and commercial
lighting system opportunities as well," says Brand Neue President, John J. Ryan III.
Under
terms of the Agreement, Brand Neue will assume responsibility for all standing
purchase orders and active and prospective customer accounts.
About
Luma Vue
Luma Vue,
Inc. is a US-based advanced LED light manufacturing company specializing in a
broad range of 'green' LED light bulbs and tubes, frames, panels, and a range of
indoor and outdoor lighting. Luma Vue products are available currently in the
United States and enjoy wide consumer appeal.
1
For more
information please contact Brand Neue Investor Relations at 1.866.922.7972 or
visit www.brandneue.com.
To
receive Company news as it crosses the wire, simply contribute your email
address to the News Signup module found on the homepage of the Company website
at www.brandneue.com. To request investor or product information, please use the
Request Information form on the Brand Neue website. To submit an idea or product
for consideration by Brand Neue executives, please use the confidential
Innovation Submission form on the Brand Neue website.
About
Brand Neue Corp.
Brand
Neue Corp. is a product innovation company trading over the counter on the
OTC:BB under the symbol BRNZ. Brand Neue executives and advisors have more than
300 years of retail, global sourcing and brand experience and together, are
committed to globally sourcing, developing, marketing, licensing and
distributing innovative new products to retail, manufacturing and industrial
application clients worldwide. For further information, please contact the Brand
Neue office at 1.866.922.7972 or visit www.brandneue.com.
Forward
Looking Statements
This
current report contains "forward-looking statements", as that term is defined in
Section 27A of the United States Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Statements in this current report, which are
not purely historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the
future.
Actual
results could differ from those projected in any forward-looking statements due
to numerous factors. Such factors include, among others, the inherent
uncertainty of financial estimates and sales projections, industry trends, the
competitive and regulatory environment for start up companies, stock market
conditions, unforeseen technical difficulties and our ongoing ability to operate
a business and obtain financing. These forward-looking statements are made as of
the date of this press release, and we assume 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
we believe that our beliefs, plans, expectations and intentions contained in
this press release are reasonable, there can be no assurances that such beliefs,
plans, expectations or intentions will prove to be accurate. Investors should
consult all of the information set forth herein and should also refer to the
risk factors disclosure outlined in the Company's annual report on Form 10-K,
quarterly reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission pursuant to the
Securities Exchange Act.
Source:
Marketwire Canada (June 8, 2010 - 10:08 AM EDT)
News by
QuoteMedia
2