ONEnergy and Nemalux Initiate Cooperation on Industrial LED Lighting Solutions

Thursday, 04 December 2014 08:04 AM

ONEnergy Inc., Thursday, December 4, 2014, Press release picture

Sunwave offers Nemalux hazardous location LED lighting

TORONTO, CANADA / ACCESSWIRE / December 4, 2014 / ONEnergy Inc. ("ONEnergy" or the "Corporation") (TSXV: OEG and OEG.A) today announced that ONEnergy's Sunwave(TM) Energy Efficiency business ("Sunwave") is now offering customers the advanced Nemalux Inc. ("Nemalux") lineup of industrial LED lighting products. Calgary, Alberta-based Nemalux is a leading supplier of ruggedized LED luminaires for demanding applications where resistance to moisture, vibration and temperature extremes is a must.

Nemalux luminaries were designed and developed to specifically address the unique lighting requirements of industrial applications and to address the demand for low profile, hazardous location lighting that existing lighting products could not. Today Nemalux manufactures high quality, durable and safe lineup of ruggedized LED lighting products including LED spot lights, linear luminaries, indicators, solar powered luminaries and area lighting luminaries. Because Nemalux products were designed with industry in mind, they carry industrial temperature ratings (-45? to +85?C) and many Nemalux products are also available with Class I Division II, Class II Division I & II certifications.

"The addition of high-quality industrial and hazardous location lighting from Nemalux is a terrific addition to Sunwave's ever-expanding lighting product lineup" said Sandro Costa, Vice President, Sunwave Energy Efficiency. "Nemalux was a pioneer in designing and manufacturing specialized harsh environment LED lighting, and now our customers in industries including mining, construction, petrochemicals, refining and many others can enjoy the safety, longevity and light quality of Nemalux products from Sunwave."

"Our team is looking forward to a very productive cooperation with Sunwave, who provides specialized energy management services to their customer base." said Samuel Pogosian, CEO, Nemalux. "Sunwave will provide our expanding customer base with the purchasing assistance, local personalized service, and energy management strategies that are essential to the profitability of industrial operations".

Nemalux products are available today from Sunwave.

About Nemalux Inc.

In 2003, the founders of Nemalux turned their vision into a business with a $15,000 line of credit and a handshake. The company began with a single vision - combine their passion for physics and innovation to create unique products that improve the quality of the environment we live and work in. The Center of Excellence for Engineering and Manufacturing is located in Calgary, Alberta; establishing Nemalux's reputation on high quality, Made in Canada products. Nemalux seeks to advance industrial lighting with a focus on research, development, value added engineering and dependable service.

Nemalux has developed energy efficient, robust, waterproof and hazardous location approved luminaires. These products are designed to provide lighting for areas where water, vibration, maintenance or temperature negatively affects conventional illumination. Nemalux has combined the long-life and reliability advantages of Light Emitting Diodes (LEDs) with the brightness of conventional lighting. Nemalux fixtures were originally developed for lighting in industrial locations. Its brand was developed to fill a market niche for low profile, hazardous location lighting where florescent and incandescent lights could not compete. Nemalux has built its name on durable, high quality and safe LED luminaires.

About ONEnergy Inc.

ONEnergy is a fast-growing, dynamic energy management firm serving commercial, industrial, multi-residential and residential clients via its Sunwave(TM)-branded energy-efficiency businesses. Sunwave(TM) specializes in helping customers use energy more wisely by minimizing their energy consumption and then cost-effectively managing the balance. We provide a variety of products and services including sales and rental of energy-efficient furnaces, boilers and air conditioners, complete turnkey LED lighting systems (including financing), supply of conventional and "green" electricity for homes and businesses, commercial solar PV installations, home protection plans, building envelope upgrades, energy audits and more to help our customers conserve, simplify and effectively manage their energy costs.

Sunwave(TM) serves customers in both Canada and the United States, with offices in Toronto, Ottawa, Calgary and Norwalk, CT.

ONEnergy shares are listed on the TSX Venture Exchange under the symbols "OEG" for Multiple Voting Shares and "OEG.A" for Subordinate Voting Shares. ONEnergy's website may be found at www.onenergyinc.com.

Samuel Pogosian

Chief Executive Officer

Nemalux Inc.

(403) 242-7475

Mark Lewis

Chief Executive Officer

ONEnergy Inc.

(416) 444-8810

Ali Mahdavi

Managing Partner

Spinnaker Capital Markets Inc.

(416) 962-3300

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains or refers to "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". All information, other than information regarding historical fact that addresses activities, events or developments that ONEnergy believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this Press Release is subject to a number of risks and uncertainties that may cause the actual results of ONEnergy to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, ONEnergy. Should one or more of these risks and uncertainties occur or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. ONEnergy does not intend and do not assume any obligation to update these forward- looking statements, except as required by law. Readers are cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: ONEnergy Inc.