MANITOWOC, Wis.--(BUSINESS WIRE)--
Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion
Lighting), a leading designer and manufacturer of high-performance,
energy-efficient LED retrofit lighting, today announced that Electrical
Construction & Maintenance magazine (EC&M) has named
its ISON™ LED High Bay luminaire as a 2017 Product of the
Year Winner in the high bay category.
Debuting in September 2016, Orion's ISON LED High Bay luminaire was the
first and remains the only luminaire to eclipse the 200 lumens per watt
(LPW) energy efficiency barrier with performance of 214 LPW. The
luminaire consumes approximately 47 percent less energy than the average
LED high bay luminaire,* thereby offering the potential to reduce
customer utility bills for lighting by up to 47 percent. Several of
Orion's Fortune 1000 customers have retrofitted facilities with Orion's
ISON LED High Bay series, including corporate giants Coca-Cola and US
Foods. Toyota Motor North America, an early adopter of the ISON Gen III,
retrofitted their Georgetown, KY 8.1 million square foot manufacturing
plant with the award winning high bay. The Georgetown facility is
Toyota's largest vehicle manufacturing plant in the world.
Orion's ISON LED High Bay series is a solid long term investment for
Orion customers. Not only is it compatible with Orion's legacy
fluorescent product controls and accessories, the plug and play modular
design serves as a platform that can be upgraded as LED technology
continues to evolve or light level requirements change. Orion customers
who have invested in the ISON Gen II can cost effectively upgrade their
existing platform to the 214 lumens per watt efficiency of the new Gen
III, and continue to utilize their existing Gen II accessory and control
options. This backward compatibility, combined with high performance,
low cost install and maintenance, and a ten year warranty, is why the
ISON LED High Bay offers the lowest total cost of ownership in its class.
Orion's ISON LED High Bay was selected from a pool of 155 nominations
that were carefully evaluated by a panel of judges comprised of
electrical professionals from the engineering, contracting, plant
facilities and maintenance industries. Orion will compete for the 2017
Product of the Year Platinum, Gold, and Silver awards to be determined
through an online readers' poll and announced in EC&M's
August 2017 issue.
"We are extremely proud of this acknowledgement from EC&M and
its judging panel," said John Scribante, Orion's chief executive
officer. "Development of our ISON High Bay luminaire resulted from
investments we have made in new product development, including the
opening of our innovation hub in Chicago and our recruitment of the
industry's most talented engineers and designers. Orion remains
committed to the ongoing research and development of new and improved
lighting systems that deliver added value, improved performance and
special features for customers across a range of industry specialties
from healthcare and foodservice to manufacturing and logistics."
ISON LED High Bay savings illustrations:
When replacing fluorescent products, the savings can be up to 52
percent. For example, a typical facility replacing fluorescent lighting
with ISON Gen III LED High Bays could expect to save over $75,000 a year
and more than $750,000 over a decade.** The ISON LED High Bay's enhanced
energy efficiency also opens new markets for Orion, particularly for
facilities with shorter hours of operation or lower utility rates. While
earlier systems have been unable to deliver a clear ROI from energy
savings in these more challenging applications, meaningful savings are
now possible in most instances given the high efficiency of Orion's ISON
LED High Bay solution.
For more information about the ISON
LED High Bay and Orion's suite of energy-efficient LED lighting
retrofit products, contact an authorized
Orion agent or visit www.orionlighting.com.
*Based on average competitor's high bay efficacy of 111 LPW.
**Based on replacing 1,000 6-lamp T8 high bay fixtures consuming 221
watts with Orion's 106-watt ISON™ LED High Bay Generation III, operating
6,000 hours per year at an electric rate of $0.11.
About EC&M
Published monthly since 1901, Electrical Construction & Maintenance
(EC&M) magazine is the technical authority for 130,000+
electrical professionals, including 80,000+ subscribers in electrical
contracting firms (reaching all NECA and IEC member firms), 30,000+
subscribers in industrial plants and in commercial/ institutional
facilities with 100+ employees (93 percent coverage of Fortune 1000
firms), and nearly 20,000 consulting electrical engineers. EC&M has
earned over 70 editorial awards since 2000.
About Orion Energy Systems
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 intelligent 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170512005303/en/
Investor Relations Contacts:
Bill Hull, Chief Financial
Officer
Orion Energy Systems, Inc.
(312) 660-3575
or
Bill
Jones, David Collins
Catalyst IR
(212) 924-9800
oesx@catalyst-ir.com
or
Media
Relations Contact:
Linda Diedrich, Director, Marketing
Communications
Orion Energy Systems, Inc.
(312) 660-3567
Source: Orion Energy Systems, Inc.
News Provided by Acquire Media