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05.04.2011 11:51:04
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DGAP-News: Maxray Optical Technology Co Ltd.
DGAP-News: Maxray Optical Technology Co. Ltd. / Key word(s):
Miscellaneous
Maxray Optical Technology Co. Ltd. : NEW LIGHTING SYSTEM DESIGNED AS
RETROFIT FOR COMMERCIAL APPLICATIONS
05.04.2011 / 11:51
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NEW LIGHTING SYSTEM DESIGNED AS RETROFIT FOR COMMERCIAL APPLICATIONS
April 04, 2011 - Maxray Optical Technology Co. Ltd., a Delaware Corporation
(MXOP OTCBB) confirmed today that it will present a LOI to Elsa Optical
Technology H. K. (The Seller). The purpose of the Letter of Intent is to
set forth the terms and conditions upon which Maxray will receive from The
Seller, 100% of all shares and assets owned by The Seller. The ceiling LED
light fixture developed by ELSA is designed to replace the fluorescent
light fixtures currently used in most commercial buildings. The LED fixture
requires no modification to the existing wiring or lighting apparatus. The
LED ceiling fixture boasts high illumination with up to 50% lower
electrical consumption, longevity far beyond the life of fluorescent
lighting, and is completely maintenance free.
Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance, development and or results of the company's business include, but are not limited to, availability and customer acceptance of our products and services, general market trends and conditions, and other risks as detailed in the company's SEC reports.
www.maxrayoptical.com
Maxray Optical Technology Mississauga, Ontario CANADA John Campana, President
johncampana@maxrayoptical.com 905-824-6200
End of Corporate News
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05.04.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
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118448 05.04.2011
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