Builds on Orion's 15-Year Relationship Delivering "Buy American Act"
Compliant, Energy-Efficient Lighting Solutions to the U.S. Navy
MANITOWOC, Wis.--(BUSINESS WIRE)--
Orion Energy Systems (NASDAQ: OESX) (Orion
Lighting), a leading designer and manufacturer of high performance,
energy-efficient LED retrofit lighting products, announced it has
secured $1.9 million in new contracts with the U.S. Navy to retrofit two
naval bases with Orion's newest LED lighting systems, compliant with the
U.S. "Buy American Act" and "Trade Agreements Act." Installations are in
process and expected to be complete by November 2017.
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Orion's industry leading LED luminaires were chosen over competitors'
less efficient products, including LED replacement tubes, because they
deliver more lumens per watt and provide the highest return on
investment and lowest long term cost of ownership available today. Orion
products are engineered for fast and easy installation that does not
disrupt ongoing activities, an essential factor for Navy facilities.
Orion's products are manufactured in the U.S., which enables the company
to offer some of the industry's fastest delivery times and allows the
Navy to benefit from the energy savings sooner. Orion is a U.S.
Government Services Administration (GSA) Schedule 84 ENABLE contract
holder and is on the Department of Energy's Qualified List of Energy
Services Companies as a provider of LED products under the strict
requirements of the U.S. Navy and other federal facilities.
Orion CEO, John Scribante, commented, "We are very proud to serve our
country and to build upon our 15-year relationship serving the lighting
retrofit needs of the U.S. Navy. The Orion team delivers the best in
performance, energy efficiency, quality, ease of installation and
customer service. Being repeatedly selected to serve the needs of the
U.S. Armed Forces is one of the greatest honors we can receive, and we
are motivated to earn their trust each and every day."
Including this project, Orion has secured a total of $13.8 million in
lighting retrofit projects for 15 naval facilities of various sizes and
mission scopes since 2003. The projects have utilized a wide array of
energy-efficient lighting products, including Orion's ISON™
and APOLLO®
LED High Bay products, APOLLO®
LDR® Troffer Retrofit products and a variety of LED
exterior lighting products, all of which are qualified for installation
at Navy facilities.
About Orion Energy Systems, Inc.
Orion is a leading designer and producer of energy efficient lighting
and retrofit lighting solutions for commercial and industrial buildings.
Orion manufactures and markets connected lighting systems encompassing
LED solid-state lighting and smart controls. Orion systems incorporate
patented design elements that deliver significant energy, efficiency,
optical, and thermal performance that drive financial, environmental,
and work-space benefits for a wide variety of customers, including
nearly 40 percent of the Fortune 500.
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Investor Relations Contacts:
Orion Energy Systems, Inc.
Bill
Hull, Chief Financial Officer
(312) 660-3575
or
Catalyst
IR
Bill Jones, David Collins
(212) 924-9800
oesx@catalyst-ir.com
or
Media
Relations Contact:
Orion Energy Systems, Inc.
Linda
Diedrich, Director, Marketing Communications
(312) 660-3567
Source: Orion Energy Systems
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