Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Releases Innovative and Best in Class Downlight LED Six and Eight Can Fixtures With Active Thermal Management for Energy Savings Retrofit Marketplace

Sep 12, 2011, 09:45 ET from Onteco Corporation

MIAMI, Sept. 12, 2011 /PRNewswire/ -- Onteco Corporation (OTC.QB: "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 fixture, today released it's RC62055C11 and RC82055C11 six and eight inch LED can fixtures for the energy savings retrofit marketplace.

Jon Cooper, CEO of NexPhase, stated, " We are extremely excited about the RC6 and RC8 product lines. These fixtures provide a fantastic lighting solution for the retrofit can marketplace. These units are designed to work in six, eight and ten inch cans and are focused on replacing double CFL fixtures currently in the field with a more efficient and more reliable solution. These fixtures employ an active thermal management system, provide a minimum 82 CRI lighting solution and at 23 watts provide 1,850 lumens of delivered light (no lens) and 1,550 lumens of delivered light (with lens). They are 0-10 volt dimmable and therefore can be controlled with our wireless lighting control systems. Most importantly they provide a 60% energy savings over double CFL's, a 50,000 hour warranty and a robust design that requires no maintenance as compared to non-eco friendly and unreliable short life double CFL solutions.  We have already taken orders for this innovative product series and full commercial release and shipments will be occurring in the fourth quarter of 2011. They are offered in kelvin temperatures ranging from 2,700 K to 4,500 K."

About Onteco Corporation

Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.

Additional information about Onteco Corporation is available at: www.Onteco.com

About NexPhase Lighting, Inc.

NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry.  All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures.   NexSense control systems use a unique, "patent pending' wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.

For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com  

Safe Harbor Statement:

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.

CONTACT:  Onteco Corporation
Dror Svorai, President, (305) 932-9795

SOURCE Onteco Corporation



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