LAS VEGAS, Sept. 17, 2009 (GLOBE NEWSWIRE) -- A profile featuring Xodtec Group USA, Inc. (OTCBB:XODG) and detailing advances in high-tech lighting solutions has been released. The report is of interest to investors of other established lighting technology companies General Electric (NYSE:GE), Nexxus Lighting, Inc. (Nasdaq:NEXS), Energy Focus, Inc. (Nasdaq:EFOI), and LSI Industries Inc. (Nasdaq:LYTS)
The report and company profile is available at http://www.twotriangle.com/uploads/XODG_7.28.09.pdf
From the report: According to the Freedonia Group, the global lighting industry is estimated to reach $120 billion by 2012, with a projected growth rate of 5% per annum. Conversely, according to market research firm Strategies Unlimited, following LED product sales of $1.86 billion in 2008, LED product sales should enjoy a 28% annual compound growth rate (CAGR) from 2009-2012. The lighting industry is divided into two separate categories: fixture and light lamp. The fixtures category includes all fixtures and systems, while light lamps consist of the replaceable devices that emit light. Traditional light lamps in the residential segment of the general illumination market include incandescent bulbs, fluorescent tubes and inexpensive halogen lamps, while more expensive and durable fluorescent and fixtures have the largest market share.
Xodtec Group USA, Inc. provides high performance, cost-effective, energy-saving LED solutions and traditional lighting products for commercial, industrial, public, and residential use. These optimal solutions meet today's energy management requirements and provide many benefits over traditional light sources, including lower energy consumption, longer life spans, and the absence of hazardous materials. Xodtec expects to generate meaningful sales growth, driven by the rise in LED adoption and its patented technology.
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Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel.com is property of Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI has been paid $5,000 for this report and other services by Hanover Financial Services, a financial relations consultant to Xodtec. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies. IMI has not verified nor endorses the opinion or facts contained in the profile and report linked herein. Two Triangle Research, (a division of Two Triangle Consulting Group, LLC) has been compensated by the Company or a related party, in the amount of $1,500 for their report on XODG.