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     Bob Bewarse Legend Username: Bob Post Number: 18017 Registered: 03-2005 Posted From: 76.28.64.171 Rating: N/A |
Sunovia Energy Technologies, Inc. (OTCBB: SUNV) Written by John Pentony on July 3, 2009 Sunovia Energy Technologies, Inc. (OTCBB: SUNV) Sunovia is not your typical early stage alternative energy company. To date, almost $40 million has been invested in research, product development, system integrations and the world-class facility located in Bolingbrook, Illinois, just west of Chicago. Sunovia is now selling LED lighting products and infrared imaging technologies, and will soon complete its prototype solar chip before the end of 2009. Sunovia’s solar chip technology was recently selected by the U.S. Department of Energy for award negotiation for the Solar America Initiative (SAI) Photovoltaic Technology Pre-Incubator award as announced by Energy Secretary Steven Chu in May. The Solar America Initiative is the major U.S. program for the development and commercialization of solar energy, and the Pre-Incubator award is one of the most prestigious SAI awards. Sunovia has signed a contract with the Energy Commission of the Dominican Republic to install 20 MW of clean solar energy at the Parque Cibernetico in Santo Domingo (at a projected $40 million) Sunovia has signed a $4 million volume purchase agreement for its LED lighting products Sunovia has finalized a $33 million basic order agreement for Infrared wafers Sunovia has access to over $30 million of related facilities at the University of Illinois at Chicago, the Army Research Laboratory in Adelphi, Md. and the Army’s Night Vision and Electronic Sensors Directorate at Belvoir, Virrginia. Reviewing the qualifications of management and the quality of their advisors is the FIRST preview of this company that indicates this is not an early start up alternative energy company. And Sunovia is ready to move. This OTCBB company has SEC filings which provide full corporate transparency. Unlike other alternative energy companies, Sunovia has a growing revenue stream that could eliminate the need for external growth capital within the next year. The introduction of new products with a broad market demand has poised Sunovia for a move to the NASDAQ in 2010. PRODUCTS LED Lighting Solutions EvoLucia, Inc. is the wholly owned lighting division of Sunovia. The company’s LED lighting products are sold under the brand name, EvoLucia™. EvoLucia’s product development team is one of the best in the industry. Virtually every EvoLucia™ fixture provides the highest uniform lumen output in the industry. By employing a total system approach which includes thermal management of LEDs, power conversion, electro-optical and mechanical designs, Sunovia’s customers receive critical system components that are optimized for their needs and seamlessly integrated within the EvoLucia™ lighting fixtures. This results in a tremendously cost-effective and energy efficient LED lighting system that typically saves the customer more than $1,000 per fixture over the 12+ year lifetime. EvoLucia LED Fixtures EvoLucia, Inc. creates, patents and markets proprietary LED lighting fixtures through strategic partnerships and energy solution providers, such as ESCOs. The company controls more than 30 patents and patents-pending that are critical to LED lighting fixtures/ More than 60 proprietary LED components and LED fixture designs are on track to be owned within the next three years. EvoLuciaTM is now replacing conventional fixtures with highly efficient EvoLuciaTM BOB the Legend 
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