Wednesday, October 17, 2007
Lumonall Inc. picks up over one million in purchase orders
Lumonall Inc. (OTCB: LUMN), a purveyor of photoluminescent (glow-in-the-dark) safety products, with a focus on certified Exit Signs, has received commitments for over USD$1 million in purchase orders.
The orders come from the company's newly formed network of distribution partners (for a list of Lumonall™ distributors, please visit www.lumonall.com), and included cash deposits of approximately 25%. The pro-active move followed Lumonall's first major distributor meeting, held in Chicago, Illinois, at the end of August.
"This kind of commitment from our distributors is our first big step as a team," states Lumonall President and COO Mike Hetherman. "This is a huge market. In existing buildings alone, there are over 100 million exit signs across North America that should be replaced with Lumonall™ photoluminescent signs. Our products have huge implications in building safety. It's a little-known fact that fire-truck ladders don't even extend past the sixth floor of any building, making the preferred, most reliable method of escape safely lit stairwells. Lumonall™ products help light your way out. In the last two years, New York City implemented Local Law 26, actually requiring existing and new buildings over 75-feet tall to install PLM Safety Way Guidance Systems. The reality is that Lumonall™ can help save lives. It is Best by Far."
The inaugural meeting was positioned to further entrench the Lumonall™ message of safety, energy conservation and environmental protection in the minds of the company's 20 new sales and marketing managers. The group will presently be ready to start major metro penetration across North America.
The announcement comes on the heels of a study, jointly funded by Public Works and Government Services Canada and the National Research Council of Canada, that confirms the value and importance of PLM Safety Way Guidance Systems as an effective and improved means of evacuation in emergency conditions. Lumonall Inc., along with two other PLM manufacturers, participated in the study. To read the report in its entirety, please visit the NRC website (
www.nrc-cnrc.gc.ca).
About Lumonall Inc.
Lumonall, Inc. is a global supplier of innovative photoluminescent (PLM) products, with a current concentration on Exit Signs and Safety Way Guidance Systems (SWGS). A supplier of "green" products and solutions, Lumonall concentrates first and foremost on Safety, Environmental issues and Cost savings.
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Wednesday, October 17, 2007
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The company leverages nearly 20 years of innovation and development in manufacturing, photoluminescent technology, and safety products. Using the company's proprietary PLM formulation, Lumonall Inc. intends to internationally market low cost, high performance photoluminescent Exit Signs and Safety Way Guidance Systems. The company's PLM formulation meets all current building code standards.
This press release contains forward-looking statements relating to future events and results that are based on Lumonall's current expectations. These statements involve risks and uncertainties including, without limitation, Lumonall's ability to successfully develop and market its business, consumer acceptance of its business and products, competitive pressures relating to price reductions, competition from other entertainment forms and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.
For more information, please contact:
John G. Simmonds
Chairman & CEO
ph. 905.833.9845 ext. 223
fax. 905.833.9847
jgs@lumonall.com
Mike Hetherman
President & COO
ph. 416.702.8221
fax. 905.833.9847
mh@lumonall.com