Revolution Lighting Technologies, Inc., a leader in advanced LED lighting technology, and GB Energie (GBE) LED, a minority, women-owned business committed to sourcing sustainable energy solutions worldwide, yesterday announced an exclusive marketing agreement to drive LED adoption across multiple markets. The two companies will go-to-market together as 'RVLT & GBE-LED.'
According to the agreement, GBE-LED will serve as Revolution Lighting's strategic marketing, bidding and sales teaming partner. RVLT & GBE-LED will target LED lighting retrofits for numerous new markets such as existing city infrastructure in cooperation with the World Conference of Mayors (WCM), Historical Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs) in cooperation with the National Association for Equal Opportunity (NAFEO), as well as other commercial and governmental retrofit opportunities. Included in the scope of work under the agreement are LED retrofits for indoor, outdoor, parking lot, parking garage, stadium and tunnel lighting within these sectors.
"This is a great opportunity for Revolution Lighting and GBE LED to join together by an exclusive agreement that will reduce energy usage and costs for municipalities, universities, hospitals and hotels, as well as other commercial and industrial facilities," said Charles J. Schafer, president and chief financial officer of Revolution Lighting Technologies. "The GBE LED team has established potential customer base for LED lighting. We believe this partnership will further accelerate our revenue growth and market penetration."
RVLT & GBE-LED will focus on LED retrofits for existing fixtures, through Revolution Lighting's Seesmart brand, high-quality interior and exterior LED lamps and fixtures, which produce immediate energy savings and a rapid return on investment. RVLT & GBE-LED will provide customers with the necessary expertise, service offerings, local presence and national scope to assist in all aspects, including engineering, consulting and operation. RVLT & GBE-LED have also entered into teaming agreements with regional contractors to provide installation and bonding wherever required.
"We are excited to work with Revolution Lighting and take their innovative LED lighting products to markets," said Dr. Gloria B. Herndon, President and CEO of GBE-LED. "This partnership fits within our mission to be part of sustainable energy solutions that not only contribute to the health of our environment, but also reduce energy costs and deliver a rapid return on investment."
RVLT & GBE-LED will have an opportunity to present their LED lighting solutions during the NAFEO Presidential Peer Seminar July 9-12, 2013 and National Black Caucus-League of Elected Officials (NBC-LEO) conference in Milwaukee July 31-August 3, 2013.
