SOLON, Ohio, Feb. 4, 2014 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (OTCQB:EFOI), a leader in LED lighting technologies, today announced the Company's military business has been awarded $2.0 million in orders in January 2014. The accumulated orders thus far this year represent more than 50% growth for the business over the whole year of 2013.
The new orders consist of a wide range of Energy Focus LED US Navy products including LED retrofit tubes, LED berth lights and LED Globes. These products will be shipped to various naval yards in United States for use on multiple ships replacing current fluorescent and incandescent technologies, resulting in significantly lower maintenance and energy costs for the US Navy.
"The substantial backlog growth we are experiencing so far in 2014 is a direct result of our dramatically enhanced sales effort over the past six months," said Eric Hilliard, President of Energy Focus. "And an important element of that sales effort has been the addition of 15 product representatives to our sales network. The Navy clearly needs and wants the benefits of reduced energy usage and lower maintenance costs Energy Focus' LED products can provide. Our growing rep network is creating and spreading that awareness at the individual ship level which, in turn, is contributing to a marked increase in our new orders."
"We are excited to see such a strong booking in our military business at the start of 2014," said James Tu, Executive Chairman of Energy Focus. "We have radically realigned our organization during the second half of 2013 to pursue a clear vision toward becoming the trusted LED lighting retrofit leader in the military, ESCO and commercial lighting markets. We are now starting to witness increasing pipeline momentum in all three markets. The steep order growth in our military business, in particular, is an early indication that our sharp market focus coupled with industry leading product offering and intensive sales drive are setting the "New" Energy Focus on a path towards sustainable and significant growth."
Forward Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For more information about potential factors that could affect the financial results of Energy Focus, please refer to the Company's SEC reports, including its Annual Reports on Form 10-K and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Energy Focus disclaims any intention or obligation to update or revise any forward-looking statements.
About Energy Focus, Inc.
Energy Focus, Inc. is a leading provider of energy efficient LED lighting products, turnkey energy efficient lighting solutions and a developer of energy efficient lighting technology. Our solutions provide energy savings, aesthetics, safety and maintenance cost benefits over conventional lighting. Our long-standing relationship with the U.S. Government includes numerous research and development projects for the DOE and DARPA, creating energy efficient LED lighting systems for the U.S. Navy fleet.
Customers include national, state and local U.S. government agencies as well as Fortune 500 companies, the U.S. Navy, and many others. Company headquarters are located in Solon, OH, with additional offices in Nashville, TN, and the United Kingdom. For more information, see our web site at www.energyfocusinc.com.
Source:Energy Focus, Inc.