Gener8Xion Inks Exclusive Deal with LEDZ, Inc.
Gener8Xion Inks Exclusive Deal with LEDZ, Inc.
LOS ANGELES, Nov. 20 /PRNewswire-FirstCall/ -- Gener8Xion Entertainment, Inc. (BULLETIN BOARD: GNXE) , an integrated media company engaged in various operating activities including family feature films and television production and distribution, sales and rentals of film and video equipment, systems integration and studio facility management, announced today it has signed an exclusive sales agreement with Burbank based, LEDZ, Inc.
The agreement will add the patent pending technology, "LED Mini Par" daylight and tungsten lighting system to the current product line of high quality lighting equipment offered through Gener8Xion's lighting division, Cinemills (http://www.cinemills.com/). LED's are durable, energy efficient, cool to the touch and last more than 100 times longer than conventional incandescent lights. The solid-state semiconductors are typically used in automobile dashboards and electronic devices, such as mobile phones. LEDZ, Inc. has developed proprietary LED lighting products with Motion Picture, Broadcast and Sanctuary applications that are innovative, affordable and user friendly.
Romina Malek, President of Cinemills, stated, "The agreement with LEDZ demonstrates our ongoing interest to continue the technological advancement within the motion picture lighting market. LED technology is changing the face of the entertainment lighting market. The lights are more energy efficient, compact and becoming more accessible to industry technicians."
"Today's agreements are significant for both companies and, more importantly, represent a win for our customers, who now have more choices for their Entertainment and Worship lighting requirements," said Karl Schultz President of LEDZ, Inc.
LEDZ, Inc., founded by Karl Schultz, holds the patent pending rights to the "LED Mini Par" (LMP) the first of its kind in the Motion Picture, Television and Sanctuary markets. The LMP has become widely known for its consistent bright light and "punchy" PAR light beam, while maintaining a crisp, Fresnel like shadow. The advantages of the LMP include its interchangeable lenses, choice of beam angles, compact design, 60,000 hour life span and low power consumption.
This press release contains or may contain forward-looking statements such as statements regarding the growth of Gener8Xion Entertainment, Inc. (the "Company") (http://www.8x.com/) and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. Gener8Xion Entertainment, Inc. disclaims any obligation to update forward- looking statements. Gener8Xion Entertainment, Inc. is located at 2021 Lincoln Street, Burbank, CA 91504.
Corporate Contact:
Marcos M. De Mattos
Corporate Vice President
Gener8Xion Entertainment, Inc.
+1-818-843-4560
marcos@8X.com
Source: Gener8Xion Entertainment, Inc
CONTACT: Marcos M. De Mattos, Corporate Vice President Gener8Xion
Entertainment, Inc., +1-818-843-4560, marcos@8X.com
Web site: http://www.8x.com/
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