Wednesday, August 17, 2011

Onteco Corporation, ONTC, Subsidiary, Nexphase Lighting, Inc., UL 1598 and UL 8750 Testing Has Been Completed and Compliance Report to Be Issued Shortly for It’s Nexsense Generation II Troffer Product


MIAMI -- Onteco Corporation (PINK SHEETS: ONTC), (the “Company”, or “Onteco”), announced today that its subsidiary, NexPhase Lighting, Inc. (“NexPhase”), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, today announced that UL 1598 and UL 8750 testing has been successfully completed by Intertek for it’s generation II NexSense troffer product and a compliance report will be issued shortly.


Other key features include a dual-contact terminal design for secure electrical contact, space-saving positive side locks for wire-to-board connections, and a mating guide on PCB versions that helps facilitate mating and protects terminals during mating and unmating.For more information on the Flexi-Mate(TM) Connector System, to view inventory and to download our product brochure, please visit http://www.heilind.com/products/molex/news/molex_FlexiMate.asp.> About Heilind ElectronicsAfter thorough research, choose the crystal fixture that perfectly suits your preferences. One major aspect about purchasing chandeliers on the Internet is that, these online stores will let you browse on its collection and display of detailed photos, along with the exact descriptions of the different designs sold there.It is vital to first determine what size of chandelier will you need to install in your home. To do this, you need to measure the width, and the other dimensions of your room. Once you determine the ideal size, it's time to start looking for the right lighting fixture that will accentuate the existing decor of the room where you wish to hang it.To be sure you go to a credible and professional chandelier dealer, do a lot of research and make comparisons of the online store's prices, payment modes, warranty options and cancellation terms. As there different crystal lighting designs online, customers should ask for pictures and details of the different lighting pieces they offer."We are excited to be offering our customers this first-of-its-kind family of connectors from Molex," said Alan Clapp, Heilind Vice President. "Flexi-Mate meets our customers' need for flexibility and space savings, and helps them keep up with ever-expanding LED and LCD applications."Flexi-Mate connectors are designed for LED TVs and standard room-lighting applications that require the placement of LEDs on interconnecting panels across the full width of the display or lighting fixture.Jon Cooper, President of NexPhase, stated, “We have worked closely with Intertek on this UL 1598 and UL 8750 testing and we are excited that we have passed all required independent testing for our generation II NexSense Troffer product. These Underwriter Laboratory compliance and safety tests are essential to have in order to sell LED lighting product in commercial applications.” We expect to report the results of other testing in process within the next weeks which will be significant to NexPhase and our customers.

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions - activities of competitors and the presence of new or additional competition and conditions of equity markets.




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