Stocknight- THLT Energy Related News Just Released
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Thu Jun 28 15:11:20 PDT 2001
[Stocknight.com] [Image]
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Issue 9 June 28, 2001
Editor's Note [Image]
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 [Image]
[Image]
TechLite, Inc. Announces Additional $5 - $7 Million in Regional
Sales Goals Projected by New Vice President of Sales
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
TechLite Announces International Expansion. Brazil office to Open.
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
Addtional THLT Links & Data
Profile and Vital Statistics
Investor Relations
All THLT News
Techlite Home Page
Ask Investor Relations a Question
Question of the day: Should Microsoft be Broken Up?
Click here to comment on this and other Social and Political
Issues!
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 Companys 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 MPs 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
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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
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