Lumonall & Pacific Stair Announce Strategic Partnership
TORONTO, June 11 /CNW/ - Lumonall, Inc. (OTCBB: LUNL), a global supplier
of photoluminescent (glow-in-the-dark) emergency signage and guidance systems,
has announced a strategic partnership with Pacific Stair Corp. The partnership
provides for the development and distribution of innovative seismic compliant
steel stair systems incorporating Lumonall photoluminescent safety technology.
For over 20 years, Pacific Stair Corporation (www.pacificstair.com),
headquartered in Salem, Oregon, has been developing stair systems that meet
and/or exceed International Building Code seismic safety standards for
prefabricated steel stair assemblies. The company has worked with architects,
contractors and builders to provide stair systems of exceptional quality,
which are also easy to install.
Similarly, Lumonall leverages nearly 20 years of innovation and
development in manufacturing, photoluminescent technology, and safety
products. Working with Lumonall, Pacific Stair is positioning itself to
develop new and unique ways of using photoluminescent material in its stair
solutions.
"This strategic partnership is yet another indication of how Lumonall
photoluminescent products can enhance almost any building application, and
ensure overall safety," stated Lumonall's President and CEO, Mike Hetherman,
today. "Pacific Stair is a well-established, innovative company. The ideas
that our two teams are already coming up with are incredible. I look forward
to seeing them hit the market."
In June Pacific Stair Corporation entered into an arrangement with
Lumonall, Inc. defining their joint research and development of safety nosing
and a pathway guidance system specifically designed for steel egress stairs.
Pacific Stair's President and CEO William H. Pruett indicated his
excitement and optimism with respect to these new safety features and Pacific
Stair's plan and commitment to bring them to market.
About Pacific Stair Corporation
Pacific Stair Corporation, creator of the Pre-engineered Steel Seismic
Stair System has been located in Salem, Oregon for over twenty years.
Pacific Stair Corporation develops, manufactures, and provides a stair
system that meets and/or exceeds International Building Code seismic safety
standards for prefabricated stair assemblies in the architectural, contractor,
developer, and fabricator, owner, PSC-certified installer, and SAP-licensed
agent fields.
For more information, please visit www.pacificstair.com, or find them on
the Sweets Construction Network at Sweets.com
About Lumonall, Inc.
The Company has distribution partners covering the North American market place. They include the Willis Group of Companies (www.4willis.com), Designer Building Solutions (www.4dbs.com), Butler-Johnson Corporation (www.butler-johnson.com), Hallmark Building Supplies (www.hllmark.com) and Parksite, Inc. (www.parksite.com).
Lumonall, Inc. leverages nearly 20 years of innovation and development in
manufacturing, photoluminescent technology, and safety products. Using the
company's proprietary PLM formulation, Lumonall 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.
Note: This press release contains "forward looking statements" as defined
in the Private Securities Litigation Reform Act of 1995. These forward-looking
statements are based on currently available competitive, financial and
economic data and management's views and assumptions regarding future events.
Such forward-looking statements are inherently uncertain. Lumonall cannot
provide assurances that the matters described in this press release will be
successfully completed or that the company will realize the anticipated
benefits of any transaction. Actual results may differ materially from those
projected as a result of certain risks and uncertainties, including but not
limited to: global economic and market conditions; the war on terrorism and
the potential for war or other hostilities in other parts of the world; the
availability of financing and lines of credit; successful integration of
acquired or merged businesses; changes in interest rates; management's ability
to forecast revenues and control expenses, especially on a quarterly basis;
unexpected decline in revenues without a corresponding and timely slowdown in
expense growth; the company's ability to retain key management and employees;
intense competition and the company's ability to meet demand at competitive
prices and to continue to introduce new products and new versions of existing
products that keep pace with technological developments, satisfy increasingly
sophisticated customer requirements and achieve market acceptance;
relationships with significant suppliers and customers; as well as other risks
and uncertainties, including but not limited to those detailed from time to
time in Lumonall's SEC filings. Lumonall undertakes no obligation to update
information contained in this release. For further information regarding risks
and uncertainties associated with Lumonall's business, please refer to the
risks and uncertainties detailed from time to time in Lumonall's SEC filings.
For more information, please contact:
Mike Hetherman
President & CEO
ph. 416.702.8221
fax. 905.833.9847
mh@lumonall.com
or
Investor Relations:
Andrew Barwicki
ph. 516.662.9461
or
Mike Connell
Communications Director
aka Communication Associates
ph. 416.463.8913 ext. 230
mconnell@akacom.com
