SAVW is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting.
SAVW is a market-leading innovator of LED lighting.
** SAVW reported that their first product has been approved and received Lighting Facts® Certification by the U.S. Department of Energy.
As innovative LED lighting products emerge, the facts about LED lighting performance must hit the market with equal speed. Clear labeling on lighting performance is the critical link between innovation and successful market introduction. Lighting Facts® showcases LED luminaire manufacturers who commit to testing products and reporting performance results according to industry standards.
For lighting buyers, designers, and energy efficiency programs, the Lighting Facts label provides information essential to evaluating products and identifying the best options.
Furthermore, SAVW reported that in cooperation with the City of Baltimore, SAVW will receive grant funds from the Maryland Energy Sector Grant. This million dollar grant will offer companies the ability to take LEED certification classes. LEED is an internationally recognized green building certified program. LEED certification important as many new construction and government projects are required to meet LEED standards.
More about SAVW at www.savwatt.com.
Lamar M. Chambers, senior vice president and chief financial officer of Ashland Inc. (NYSE:ASH), will make a presentation at the 2010 Citi Basic Materials Symposium in New York City on Tuesday, Nov. 30, 2010, at 2 p.m. EST. In his remarks, Chambers will review Ashland's businesses, strategies and priorities, as well as provide an update on the pending Ashland Distribution divestiture.
Ashland Inc. provides the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow.
Fuel Systems Solutions, Inc. (Nasdaq:FSYS) reported results for its third quarter and nine months ended September 30, 2010. Revenue for the third quarter of 2010 was $86.1 million, compared to $116.2 million in the third quarter of 2009. Third quarter 2010 revenue was negatively impacted by approximately $9.7 million of foreign exchange rate fluctuations.
Fuel Systems Solutions, Inc. engages in the design, manufacturing, and supply of alternative fuel components and systems for use in the transportation, industrial, and power generation industries.
Stereotaxis, Inc. (Nasdaq:STXS) announced recently that it had priced the public offering of 4,000,000 shares of its common stock at a price to the public of $3.65 per share. Stereotaxis has granted the underwriters of the offering an option to purchase up to an additional 600,000 shares of common stock to cover over-allotments, if any.
Stereotaxis designs, manufactures and markets an advanced cardiology instrument control system for use in a hospital's interventional surgical suite to enhance the treatment of coronary artery disease and arrhythmias.
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