Business
SpectralCast, Inc. Enters Into Agreement With Intelligent Lighting, Corp.
SpectralCast, Inc. Enters Into Agreement With Intelligent Lighting, Corp..
About this update from Vitality Prime Inc.
[{"type":"text","content":"\n \n \n SpectralCast, Inc. Enters Into Agreement With Intelligent Lighting, Corp.\n \n \nSpectralCast, Inc. Enters Into Agreement With Intelligent Lighting, Corp.\n \n SAN DIEGO, CA--(Marketwired - May 21, 2015) - SpectralCast, Inc. (OTC PINK: SPEC) is pleased to announce that it has entered into a non-exclusive licensing agreement with Intelligent Lighting, Corp. Intelligent is a technology company that manufactures and markets proprietary, energy-efficient products and services to a worldwide customer base. SpectralCast will be licensing Intelligent's patented Power Disc™ and eCandescent™ technologies. \n The PowerDisc™ converts AC to DC power for use in a light socket. Converting to DC power significantly reduces energy consumption and maintenance costs as well as extends bulb life up to one hundred times. It consists of a nylon reinforced thermoset plastic disc, a solid-state rectifying diode and a foam washer with an adhesive surface. The PowerDisc™ is attached to the base of a light bulb by means of the 3M adhesive coated foam so that the center contact of the bulb is in contact with one end of the diode. When screwed into a light socket, the other end of the diode contacts the center contact of the light socket.\n The eCandescent™ is a next generation, energy efficient, long lasting, fully dimmable incandescent bulb that produces the highest quality light available. The eCandescent™, dramatically reduces your energy costs, can last over 100 years. It has absolutely no proven dangers or hazards to your family or our environment, and it gives you unparalleled‎ lighting control.\n SpectralCast expects sales of these products, under the SpectralCast brand name, in its new online store, to begin in June. The online store is just one of the many new features included in the Company's recently revamped corporate website. The introduction of the online store will coincide with the beginning of the Company's TV advertising campaign, \"We are very pleased to engage with Intelligent and we expect this relationship to be highly profitable for both parties,\" said SpectralCast CEO, Robert Meyer. In addition to licensing the two products from Intelligent, SpectralCast also plans to begin research and development of new products that incorporate Intelligent's technology.\n SpectralCast will con...