This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Revolution Lighting Technologies And GB Energie LED Announce Partnership Agreement To Drive LED Adoption Across Multiple Markets

Stocks in this article: RVLT

Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution Lighting”), a leader in advanced LED lighting technology, and GB Energie LED, a minority, women-owned business committed to sourcing sustainable energy solutions worldwide, today announced a multi-year partnership and exclusive marketing agreement to drive LED adoption across multiple markets. The two companies will go-to-market together as ‘RVLT & GBE-LED.’

Under the terms of the agreement, GBE-LED will serve as Revolution Lighting’s strategic marketing, bidding and sales teaming partner. RVLT & GBE-LED will target LED lighting retrofits for numerous new markets such as existing city infrastructure in cooperation with the World Conference of Mayors (WCM), Historical Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs) in cooperation with the National Association for Equal Opportunity (NAFEO), as well as other commercial and governmental retrofit opportunities. Included in the scope of work under the agreement are LED retrofits for indoor, outdoor, parking lot, parking garage, stadium and tunnel lighting within these sectors.

"This is an exciting time for Revolution Lighting and GB Energie LED to join together in an exclusive agreement that will bring energy efficiency and cost reductions to municipalities, universities, casinos, hospitals and hotels, as well as other commercial and industrial facilities,” said Charles J. Schafer, president and chief financial officer of Revolution Lighting Technologies. “The GB Energie LED team has a strong established network of potential business poised to embrace the inherent energy efficient benefits of LED lighting. We believe this partnership will further accelerate our revenue growth and market penetration.”

RVLT & GBE-LED will focus on LED retrofits for existing fixtures, through Revolution Lighting’s Seesmart brand, high-quality interior and exterior LED lamps and fixtures, which produce immediate energy savings and a rapid return on investment. RVLT & GBE-LED will provide customers with the necessary expertise, breadth of service offerings, local presence and national scope to assist in all aspects of the process, from engineering and consulting to financing, implementation and operation. RVLT & GBE-LED have also entered into teaming agreements with regional contractors to provide installation and bonding wherever required.

1 of 3

Select the service that is right for you!

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 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • 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