Editor's Note

Once again, StockNight has been presented with the opportunity to provide to our members a press release issued AFTER market, meaning that unlike the majority of corporate news the average investor normally hears about LAST, this information has not yet been acted on by the investing community. Whenever possible, we strongly encourage companies to put the news we feature out after the bell to level the playing field and give OUR subscribers a chance to react FIRST. 

Like the rest of you, we have been barraged with news about the "Energy Crisis" and the urgent measures being discussed to remedy the problem. To gauge the magnitude of this issue in the media simply look at the coverage CNN is giving it. <Read Energy Crisis News>

As you read further in today's StockNight  you'll also find that the issue is now quite global.

Today's breaking news comes from  a company whose business is in the heart of this electric issue. TechLite (OTCBB: THLT) can help clients take their first step towards  energy conservation. They provide state-of-the-art energy efficient lighting retrofit components which can provide more and better lighting while reducing energy costs (the power bill) by 50% or more. We strongly suggest that you read the following and keep THLT on your watch list.
 

Breaking News

TULSA, Okla.--(NEWS WIRE)--June 28, 2001 (18 mins after the bell)--Brad Boyett, based in Austin, Tex., has joined TechLite Inc. (OTCBB:THLT) as Vice President of Sales. 

Mr. Boyett will manage the company's regional marketing and expand the sales force in the Central Southwest. In announcing the new position, President and CEO Jim Arvidson said, ``We are extremely pleased and excited to have someone of Brad's experience join our team and know that he can help take us to the next level in our efforts to become the leading National Lighting Retrofit Company in the country.'' 

Brad Boyett has been in the Energy Conservation Business for over 20 years and brings an impressive record of accomplishments and an outstanding reputation of quality lighting projects to TechLite. 

TechLite Inc. is in the energy services business and offers companies opportunities to reduce operating expenses by engineering and installing state-of-the-art turnkey Energy Efficient Lighting systems and retrofits in their facilities. These upgrades reduce lighting bills up to 60% and offer a return of investment of 40% to 60%. Brad's sales goal for TechLite's Central Southwest region is $5-$7 million over the next twelve months. 

The release has been excerpted. Click here for the entire relase: THLT BREAKING NEWS

Tuesday's News

J.D. Arvidson, President of TechLite, Inc. announced that TechLite is in the process of opening a TechLite branch in Sao Paulo, Brazil.

Arvidson points out that Brazil, which is currently beginning six months of obligatory electricity rationing, is faced with an energy crisis that is rapidly getting worse and threatens to cripple Latin America's largest economy. This obligatory electricity rationing is in response to what increasingly resembles a California-style energy crisis.

Three quarters of the 170 million Brazilians have been told that they must immediately cut consumption by 20% or face rolling black-outs and unscheduled power interruptions. Few Brazilians had any inkling of the seriousness of the crisis until the government announced the conservation measures in mid-May, sparing only the Amazon districts and the far South. As the harsh reality of the situation sinks in, the initial shock and anger are giving way to a grim realization that nearly every aspect of life will be curtailed.

Release has been excerpted. Click Here to Read it in its Entirety

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Disclaimer & Safe Harbor Statement:

SafeHarbor:
This fact sheet contains “forward-looking statements” within the meaning of Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of the 1934.  These forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “could”, “expected to” and “believes.”  Actual events or  performance involve risks and uncertainties that could differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in forward-looking statements include competition, themanagement of our growth and the ability to deliver new products to market on time.  Such forward-looking statements are subject to other risks and uncertainties, which are detailed in the Company’s filings with the Securities and Exchange Commission. 

Disclaimer:
StockNight.com is a property of Market Pathways Financial Relations Incorporated (MP).  The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness.  Any information, opinions or analysis regarding the subject company to which StockNight.com has provided a link or other detail are provided by sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness.  This report is for information purposes only and should not be used as the basis for any investment decision.  MP currently owns 9,000 shares of THLT common stock for previous services rendered and has been compensated a total of 32,582 shares of THLT common stock by Capital Growth Partners Inc. for multiple placements in MP publications and other services.  This constitutes a conflict of interest as to MP’s ability to remain objective in its communication regarding the subject company.   Write or call MP for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934.    MP is not an investment advisor and this report is not investment advice.  This information is neither a solicitation to buy nor an offer to sell securities.  Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results.  The opinions contained herein reflect our current judgment and are subject to change without notice.  MP and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned.  Information contained herein may not be reproduced in whole or in part without the express written consent of Market Pathways Financial Relations Incorporated.  Copyright 2001 MP