Tuesday, March 13, 2012

Energy Focus (OTCBB: EFOI) Five Year Agreement to Develop the Asian Market for Energy Focus' LED Products

Energy Focus (OTCBB: EFOI) Five Year Agreement to Develop the Asian Market for Energy Focus' LED ProductsAustin, TX 3/13/12 (StreetBeat) -- Energy Focus, Inc. (OTCBB: EFOI.OB) today announced that it has entered into a five year cooperation agreement with Communal International, Inc., a corporation with headquarters in Taiwan, to develop the Asian market as well as a high quality low cost component supply chain for EFOI products.

According to the agreement, Communal International will introduce the Energy Focus to new potential customers and suppliers; assist in reducing the costs of manufacturing EFOI's goods and products; improve the quality of raw materials, components and sub-assemblies; assist in the development of an Asian distribution and supply chain. In return, Communal International will act as Energy Focus' exclusive agent for sales, marketing and distribution of its products in the Asian market.

Simon Cheng, Managing Director of Communal International, commented, "We believe that Energy Focus' breakthrough IntelliTube(TM) LED fluorescent lamp replacement technology along with their other LED products have tremendous potential to penetrate Asian markets, especially, for example, in Japan where saving energy is now a national directive. We look forward to helping Energy Focus create the supply, distribution, marking and sales networks to open these markets to their products."

Joe Kaveski, Energy Focus CEO said: "We are delighted to announce our agreement with Communal International, Inc. We were very impressed with Communal's capabilities during our recent visit to China and Taiwan. We believe that they are right partner to help Energy Focus open the huge Asian energy efficient lighting market to Energy Focus products."

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