This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Revolution Lighting Technologies LED Products Selected For Viacom Headquarters In Times Square

Stocks in this article: RVLT

Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

REVOLUTION LIGHTING TECHNOLOGIES LED PRODUCTS SELECTED FOR PREMIER TIMES SQUARE PROPERTY

Revolution Lighting Technologies subsidiary Seesmart, Inc. will provide more than 1,000 energy-efficient lamps for 1.8 million-square-foot commercial property in heart of New York City

The installation of new LED lighting at 1515 Broadway, corporate headquarters for Viacom in New York City, will retrofit lighting to move to LED technology. This will reduce energy consumption within retrofit areas by more than 55 percent at the Times Square property.

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) subsidiary Seesmart, Inc. has been selected by office landlord SL Green Realty Corp. to retrofit more than 1,100 lamps at the 1.8 million-square-foot property.

"Revolution Lighting is excited to continue its relationship with SL Green Realty by installing our market-leading Seesmart LED products throughout its premier New York City property," said Charles Schafer, President and Chief Financial Officer of Revolution Lighting Technologies, Inc. "Having our LED products installed in the heart of Times Square proves the increased confidence of the maturing LED industry. We're excited to deliver significant cost savings through energy efficiency and lower maintenance costs at the Viacom headquarters."

SL Green will install 1,100 Seesmart LED lamps, replacing antiquated lighting within constantly lit areas, including stairwells and mechanical spaces to reduce retrofit lighting energy consumption by more than 55 percent. In addition to providing great energy efficiency, this technology will last more 50,000 hours, dramatically reducing lamp replacement costs over time.

“SL Green is excited to complete this innovative project at 1515 Broadway. LED lighting will continue to play a key role within our portfolio energy efficiency program, utilizing Revolution Lighting’s Seesmart LED products to drive energy reduction, and yield significant savings,” said Jay Black, Director of Sustainability at SL Green. “Revolution Lighting continues to stay ahead of the market in terms of technology adaptation to offer high quality solutions necessary, through superior efficiency, longevity, warranty, and exceptional customer service.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs