gaqeye.blogg.se - Ballast for utilitech

The new fixtures are expected to reduce electric lighting usage in the facility by over 50% per year, with Belz receiving a payback on its investment in less than 3 months for fixtures which have a 10 year life expectancy. Belz Enterprises ("Belz"), a leading US real estate developer, owner and operator for over 70 years, installed vapor tight florescent fixtures equipped with Green Ballast's patented fluorescent light ballasts in a structured parking garage facility in Memphis, Tennessee.We are targeting markets in Indiana, Texas, New York and New Jersey for additional sales to school districts. We believe that the school market could be a large one for our ballasts. In addition to incorporating its patented daylight harvesting fluorescent light ballasts, Green Ballast performed a complete energy efficient lighting upgrade on the 11 schools that included new lights in the classrooms, hallways, offices and some of the gyms and auditoriums.

We recently completed a total lighting project for 11 Shelby County, Tennessee Schools.

Our products are being accepted by our customers and the sales pipeline is continuing to grow with new and existing customers. The challenges of managing a growing business are formidable, but one fact is clear: the hard work that everyone at Green Ballast has invested in the company is now producing tangible results.īelow is a brief list of the highlights of our operations over the last 12 months. In addition, we have sought out and are in discussion with strategic investors who we also expect to be significant customers of Green Ballast. We have started to build the sales pipeline which should help address this issue going forward. The sales cycle in lighting is 3 to 9 months which is causing a strain on our current cash resources. But there are still challenges ahead of us. We have achieved much in this past year, and we are very excited and optimistic about our future. (OTCBB: GBLL), today provided the following letter to shareholders. Kevin Adams, Chief Executive Officer of Green Ballast Inc.