Home » Electronic Components » Tall Trees LED Company Establishes Presence in the LED Marketplace with the Successful Completion of Two Advantageous Acquisitions

Tall Trees LED Company Establishes Presence in the LED Marketplace with the Successful Completion of Two Advantageous Acquisitions

SCOTTSDALE, AZ — (Marketwired) — 11/10/16 — (OTC PINK: TLED) is pleased to announce that the Company has completed the acquisition of Dallas Lighting & Photonics and Tall Trees LED. Both companies are pioneers in the light engine design and engineering business, enhancing the Company–s potential for accelerated growth through diversification.

The Company–s roll up of these two businesses should enable each to synergistically build a dominant presence, with the advantage of being able to build on the complementary strengths of each business. The Company has completed this rollup, with the expectation that the combined companies will strongly enhance the ability for substantial revenue growth.

“In an effort to accelerate past our solid-state lighting competition through shared innovation, we have capitalized on the opportunity to combine these two entities, empowering each individually, while maximizing the potential of their complementary yet diversified capabilities. We are extremely excited about the potential for robust growth, and the opportunity to gain a growing footprint in the advanced lighting marketplace,” stated Robert Manes, Chief Executive Officer.

TrendForce reports that the Global LED Market was valued at US$14.32 Billion in 2015. Manes concluded: “The next couple months are expected to be exciting and pivotal, as Management implements a systematic marketing strategy for its two new divisions.” In light of these acquisitions, the Company will change its name, upon FINRA approval, to Light Engine Design Corp., as this name will more accurately reflect the Company–s business model.

The Company will seek to be an industry pioneer in the research, development, manufacturing, and sales of state-of-the-art Solid-State Lighting (SSL). The Company will specialize in the design of advanced light engines and fixtures employing cutting edge light emitting diode (LED) and laser technologies for use in the entertainment, architectural/entertainment (architainment) and horticultural lighting industries.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Tall Trees LED Company
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Posted by on 10. November 2016. Filed under Electronic Components. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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