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Drool, Britannia? Is the UK Failing the Cloud?
By Roger Strukhoff
Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Jan. 8, 2012 11:38 AM EST
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From the Wires
Eco Depot Announces Exclusive Distributor for California, Arizona and Hawaii for Its LED Lighting Products

By: Marketwire .
Aug. 11, 2010 08:30 AM

LOS ANGELES, CA -- (Marketwire) -- 08/11/10 -- Eco Depot, Inc.'s (OTCQB: ECDP) (PINKSHEETS: ECDP) principal operating subsidiary, CS Tech America today announced that it has signed a distribution agreement with Independent Electric Supply, Inc., a closely held company based in Los Angeles, California, to distribute Eco Depot's proprietary product line of Indoor and Outdoor LED Lights in the states of California, Arizona and Hawaii.

The distribution agreement specifies minimum purchases over a two-year period for Ten Million US Dollars ($10,000,000 USD) and is renewable based on the distributor's achievement of certain milestones. IE Supply is the largest electrical lighting distributor in California with relationships in the lighting markets and municipal LED retrofitting programs throughout the Western United States.

"We are very pleased by the California market focus test's acceptance of the Eco Depot LED Lighting products to date," said Arthur Han, special assistant to Eco Depot CEO. "This distribution agreement with IE Supply broadens our reach into the board rooms of the decision makers that are responsible for municipal, state and federal government retrofitting programs to bring LED Lighting to California's schools, government offices, roads and highways," he added.

About Independent Electric Supply Inc.

Independent Electric Supply, Inc. was opened in 1976, as a ten employee distributorship, serving the needs of electrical contractors laboring in the high-tech aerospace industry. Today, Independent Electric Supply is an award-winning firm, ranked twelfth in size among the "Top 200" distributors in the nation. Independent is a $542 million plus per year business, with thirty full-service electrical locations, and three specialty division houses. The company employs over 630 persons, and delivers materials from over 600,000 square feet of efficiently managed warehouse space.

About Eco Depot, Inc. and its CS Tech (America) Division

ECO DEPOT's Lighting Division, CS Tech (America), possesses several cutting-edge technologies and emerging high-tech LED Lighting solutions -- that has the potential of readdressing the way lighting and ecology converge throughout the world. Eco Depot revolutionizes how the world engages with LED Lighting Solutions to comply with the multi-national ban on incandescent lighting. For more information, visit www.ecodp.com.

Forward Looking Statements

Some of the statements made by Eco Depot in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Eco Depot believes that its primary risk factors include, but are not limited to: development and maintenance of strategic acquisitions; domestic and international acceptance of our product lines; defending our intellectual property and proprietary rights; development of new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technologies and systems to support new products and services; and attracting and retaining qualified management and other personnel. Additional information concerning these and other important factors can be found within Eco Depot's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors.

© 2010 Eco Depot, Inc. All rights reserved. Eco Depot, CS Tech (America), the Eco Depot logo, and the CS Tech (America) logo are either pending or registered trademarks of Eco Depot, Inc.

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Published Aug. 11, 2010
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