To: Tim85gt who wrote (7161 ) 8/27/1998 11:51:00 AM From: Jason Riche Read Replies (1) | Respond to of 8835
News out on SLSI! Thursday August 27, 7:44 am Eastern Time Company Press Release SOURCE: SLS Industries, Inc. SLS Industries Reports Sale of UNIDIMS to SPI Lighting, Inc. - Wisconsin Fixture Manufacturer to Use Unique Continuously Dimming Feature - HANOVER, MD. Aug. 27 /PRNewswire/ -- SLS Industries, Inc. (OTC Bulletin Board: SLSI - news) reports that SPI Lighting, Inc. of Mequon, Wisconsin purchased production-line units of SLS's UNIDIM(TM) high-intensity discharge (HID) ballasts. The sale represents the first commercial purchase and application of UNIDIM ballasts by a recognized manufacturer of lighting fixtures. SPI is expected to use a number of power ranges from 150W and up, and primarily for indirect commercial lighting applications. Initial units will be used for performance testing, requisite tooling and design. Following testing and evaluation of the fixture design criteria, SPI is expected to offer UNIDIM ballasts as an integral accessory of SPI lighting fixtures. ''We are excited to have SPI's business and support,'' said Chuck Osher, vice president marketing and sales for SLS Industries. ''SPI is recognized worldwide for innovation, quality, and responsiveness to their customer needs. This sale marks a major milestone of an intensifying marketing effort by SLS to gain adoption of our advanced electronic ballasts.'' With UNIDIM ballasts, SPI may offer its customers a number of important and unique features that combine energy savings and reduced maintenance costs in a smaller, lighter, cooler, noise-free package. UNIDIM ballasts represent a major breakthrough in lighting technology by addressing the industry's long-standing need for a continuously dimmable electronic HID ballast. Unlike conventional ballasts, UNIDIM ballasts allow continuous dimming of MH lamps from 50%-100% and HPS lamps from 40%-100% of relative light output. UNIDIMs are in many other ways superior to the industry standard magnetic core & coil technology, which has remained largely unchanged since its introduction in the early 1960's. As a Green Lights Ally, SLS Industries is committed to developing energy efficient lighting products for commercial and industrial use. The company offers the latest technology in dimming and non-dimming ballasts for HID lighting. SLS maintains a state-of-the-art R&D facility in Hanover, Maryland, in the Baltimore-Washington corridor. SLS is an affiliate of the University of Maryland's Technology Advancement Program (TAP). UNIDIM is a trademark of SLS Industries, Inc. Company Contacts: Charles Osher, vice president marketing & sales, SLS Industries 410-712-4155, fax 410-712-7624, cosher@unidim.com; James Dryer, 800-925-7856, fax 561-655-2171, jamesdryer@aol.com; Fred Johnston, 800-601-9160. Safe Harbor Act notice: This release may contain forward looking statements that involve risks and uncertainties, including, without limitation, acceptance of the company's products, approval of its products by industry regulatory organizations, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. Specifications are subject to change without notice. SOURCE: SLS Industries, Inc. ------ Previous