ECOstocks: Axis Technologies (AXTG) Back in the News
Apr 29th, 2009 by beststockreport
Axis Technologies Group, Inc.
Symbol OTC………………….AXTG
Axistechnologyinc.com
Company Overview
Axis Technologies Group, Inc. conducts its business through a wholly owned subsidiary, Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technologies, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company’s target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for the standard ballast.
Latest News
Axis Technologies Inc. to Introduce Peak Load Shedding Ballast at Lightfair 2009
Axis Technologies Group, Inc. (PINKSHEETS: AXTG), a green technology designer, manufacturer and marketer of a proprietary line of energy saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry, announced today that the company will launch its next generation energy efficient daylight harvesting fluorescent lighting ballast at the Lightfair International 2009. Lightfair, the premier trade show for the lighting industry, will be held at the Jacob Javits Center in New York City, May 5-7. Axis Technologies exhibit booth is #122 in the Daylighting Pavilion.
Axis Technologies’ new peak load shedding ballast offers utilities the ability to dim the fluorescent lights of subscriber customers as the utilities grid approaches peak load. The economic advantage of avoiding the need to purchase premium priced power from a neighboring utilities’ grid is well known, providing a simple and efficient solution with a substantial market.
Until now, daylight harvesting has been used only as a “niche” technology, constrained by high cost and complexity. Previous systems for daylight harvesting required additional control wiring, expensive control components, and high labor cost for installation and maintenance. In contrast, each Axis ballast offers integrated controls and is designed for use as a standard commodity in general commercial and industrial lighting. Axis’ design has always offered a simple set up and operation with high life cycle cost value, and the new design will now increase product
value with: READ THE FULL RELEASE
AXTG could be the next
big winner in the Green
Energy Sector!AXTG is providing cost effective
solutions to global energy and
environmental needs.
Save the planet, make a profit
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