SOURCE: SunSi Energies Inc.
NEW YORK, NY--(Marketwire - Sep 24, 2012) - SunSi Energies Inc. ("SunSi") (OTCQB: SSIE), an international manufacturer, seller and distributor of energy products and solutions, today announced it has entered into an agreement with On-Site Analysis Inc. ("OSA") to conduct a trial of SunSi's Lightsky LED lighting products. OSA, a Florida-based company, will implement a test analysis over a three month period to measure energy savings and quantify the benefits of using the Lightsky LED lighting products at its 15,000 square foot manufacturing facility located in Marlborough, Massachusetts.
A light emitting diode ("LED") is a semiconductor device which converts electricity into light. LED lights are often considered a "green energy source" due to the absence of dangerous chemicals like mercury and their significant reduction in energy consumption within various applications; ranging from 50% to 70% of traditional lighting products. SunSi's LED lighting products are manufactured by Shanghai Lightsky ("Lightsky"), a leading manufacturer of LED products for commercial and residential consumers with a large product portfolio ranging from illumination and architectural lighting, to extra-large outdoor and indoor video LED display systems. Lightsky's products have also been utilized in numerous high profile projects, including Shanghai International Airport, 2010 Shanghai World Expo, Shanghai Metro Station and at Hong Kong University.
OSA is a global leader in the manufacturing and distribution of on-premise diagnostic instruments used to reduce equipment fleet operating costs while favorably impacting the environment through reduced hazardous waste disposal and consumption of natural resources. Positioned as both a technology and environmental company, OSA has an exceptional record of helping Fortune 500 companies, militaries, municipalities and multi-location fleet service providers reduce their consumption of oil by providing them with the technology to safely extend the time interval between scheduled changes. OSA expects to enter into a sub-distribution agreement with SunSi whereby OSA will have the opportunity to offer Lightsky's LED technology to very large energy consumers in the transportation, manufacturing and distribution industries where OSA has numerous, high level relationships. For more information please visit www.on-siteanalysis.com.
David Natan, SunSi's CEO, stated, "OSA is an ideal location to begin demonstrating the efficacy of our LED products because of OSA's expertise in quantifying test results, and their track record of success in commercializing their breakthrough energy-related technology to high profile companies. We are confident that we can clearly demonstrate the cost benefits of LED lighting through the significant reduction in energy consumption, as well as by generating savings in maintenance costs due to the significant reduction in the frequency of required bulb replacement. We look forward to OSA becoming a key sub-distributor of our LED products to their extensive client base in the U.S., Canada, and Mexico where we have the exclusive rights to Lightsky's products."
Jim Greer, Executive VP for OSA, stated, "We are very excited about having the opportunity to install Lightsky's LED products at our warehouse facility in Massachusetts, and believe that the conversion from traditional lighting to energy saving LED lighting will begin to accelerate dramatically in the upcoming years. We have already started to contact some of our key customers to inform them about Lightsky's LED products and our cost savings quantification test, and look forward to a long-term relationship with Lightsky."
About SunSi Energies Inc.
SunSi Energies is a global company whose products and solutions focus on renewable energy and improved energy efficiency. SunSi's subsidiary, TransPacific Energy Inc. ("TPE"), has patented a technology which uses proprietary multiple component fluids that are environmentally sound, non-toxic and non-flammable. Custom formulated mixtures efficiently capture and convert heat directly from the heat source at temperatures ranging from 80° F to 1000° F. TPE's technology offers applications at broader temperature ranges than other energy recovery systems. TPE's systems in certain applications reduce operating and maintenance costs thereby significantly improving return on capital expenditures thus making the purchase of waste heat recovery systems, which previously yielded nominal savings, economically viable.
SunSi is the exclusive distributor in the U.S., Canada, and Mexico of Light Emitting Diode ("LED") commercial lighting products and fixtures for a premier LED manufacturer, Lightsky. An LED is a semiconductor device which converts electricity into light. The LED light is considered "green" because of the absence of dangerous chemicals and an accompanying significant reduction in energy consumption depending on the application, from 50% to 70% of traditional lighting products.
SunSi, is also a significant manufacturer and distributor of trichlorosilane ("TCS") in China. TCS is a specialty chemical primarily used in the production of polysilicon, which is an essential raw material in the production of solar cells for PV panels that convert sunlight to electricity. TCS is considered to be the first product in the solar PV value chain before polysilicon, and is also the principal source of ultrapure silicon in the semiconductor industry.
For additional information regarding SunSi Energies Inc. or Transpacific Energies Inc., please visit the companies' websites at www.sunsienergies.com, www.transpacenergy.com, www.lightsky-led.com or contact Richard St-Julien at (646) 205-0291.
Except for statements of historical fact, the matters discussed in this press release are forward-looking. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects" or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) TPE being accretive to SunSi earnings in 2012 (ii) competitive viability of TPE's technology, (iii) our ability to leverage markets in China for the TPE product, (iv) acceptance by potential new customers of SunSi's new LED products and generating lucrative revenues from LED products, (v) SunSi consummating additional acquisitions in 2012, (vi) generating lucrative revenues from TPE products, (vii) completion of a definitive agreement by Qilin and the ORC unit generating $250,000 of supplemental electricity, (viii) successful completion of the LED trial at OSA where cost savings of Lightsky LED products will be demonstrated, (ix) OSA becoming a sub-distributor of Lightsky LED products and (x) other factors detailed in documents we file from time to time with the Securities and Exchange Commission, which are available at www.sec.gov.