LAMBDA TD Software: Multi-Million Dollar Contract for 5,000-Home Resort in Mexico (Laguna Del Mar) Awaiting Signature
(firmenpresse) -
LAMBDA TD Software: Multi-Million Dollar Contract for 5,000-Home Resort in Mexico (Laguna Del Mar) Awaiting Signature
•Prestigious beachfront resort, with 5,000 private homes, villas, golf course, shopping
•Expected $20-25 Million Dollar LAMBDA revenue for installation alone
•LAMBDA’s profit multiplied with monthly subscription services customized to each resort home
LAS VEGAS (NV), SEPTEMBER 29, 2010: LAMBDA TD Software (FRANKFURT, Symbol: XLS, ISIN: US51327T1051, WKN: A0YJT2) announced today that they are in final negotiations with Global Resorts Group LLC to be a residential and common-area automation sub-contractor for Laguna Del Mar, a unique 5,000-unit second home beachfront resort community. LAMBDA TD Software (LAMBDA) is expecting to sign the contract for Laguna Del Mar shortly.
Laguna Del Mar consists of 840-acres, with up to 18-holes of world-class Jack Nicklaus “Signature” golf course (first 9-holes are already fully playable); at least two 3-4 Star small boutique resorts; ocean, golf course and lagoon attached (80%) and detached (20%) properties with U.S. title insurance for up to 5,000 homes (single family semi-custom homes, private villas and some low density 3-4 storey condominiums); The Club at Laguna Del Mar (full-service country club with golf, tennis, spa, fitness, dining, 3 pools and 20 club “guest” suites) with lagoon frontage beach club facilities; a Mexican pueblo-style village with commercial and retail businesses; and several miles of boardwalk/wharf which is anticipated to uniquely position Laguna del Mar as an unparalleled affordable, yet exclusive beachfront club resort community in Mexico - of more than 5,000 residents plus guests.
Just for only the installation part of the LAMBDA automation solution for 5,000 homes, the Laguna del Mar contract is expected to generate 20-25 Million Dollars in gross revenue for LAMBDA. Following the system installation, LAMBDA TD Software’s lucrative business model is based on monthly subscription services customized to the individual needs of each homeowner. LAMBDA’s profit multiplied with monthly subscriptions services customized to each resort home.
Robert M. Corcoran, LAMBDA TD Software’s Chief Executive Officer, is excited about a sub-contractor agreement with Mr. Geoffrey Becker-Jones, Managing Partner, Global Resorts Group LLC and Project Leader for the prestigious Laguna del Mar Resort property. “LAMBDA was introduced to this amazing project through Mr. Olivier Severin, CEO of Bent Severin Design Inc. in Scottsdale, Arizona. And we should be brought-in based on our ability to provide a USGBC (United States Green Building Council) and LEED (Leadership in Energy and Environmental Design) aspect to the project. Our LFE™ Five Residential Automation product can help the 5,000 individual homeowners get 5%-9% immediate savings on their monthly energy bill by monitoring the hourly usage of in-home HVAC and managing its controls with simple notifications and friendly suggestions to the residents.” LAMBDA TD Software can also provide the property management company and developer, SALVAGO, a 20% overall energy savings through LAMBDA’s Property Energy Management Software Feature. What this does is group together large groups of independent residences and then establishes group buying power (through SALVAGO Property Management) in negotiations with the Electrical Utility Company.
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About SALVAGO and LDM Utility Co S.A. de C.V (“Developer”): The 840 acres and all improvements (some 32-parcels) are owned by a prestigious consortium of Spanish developers who in turn appointed SALVAGO as its representative in Mexico and the “developer” of Laguna Del Mar, a Mexican company with US Title Insurance provided by Stuart Title Insurance. SALVAGO manages the property through three basic business; Real Estate development, Energy and Utilities; and Sales and Operations (including The Country Club and Amenities).
About LAMBDA TD Software Inc: LAMBDA TD Software Inc is a Las Vegas-based Smart Home Automation company that develops and installs LFE™ Five (pronounced "Life Five”), the first web-based smart home automation and universal remote control platform operated by LAMBDA’s patented LFE™ touch panel system. LAMBDA enables homeowners to take control of electronics in residences, vacation homes, and offices either remotely from a Blackberry/Smart Phone or locally from central TouchPads. Targeted at construction developers and property management companies, LFE™ Five addresses the five core elements of a robust and scalable smart home of the future: 1) home media and entertainment, 2) security and surveillance, 3) HVAC Climate Controls, 4) electrical appliances, motors, timers, event managers and lighting controls, and 5) analog and digital communications. Entire high-rise buildings can become connected and turned Green, an approach that is in many U.S. areas supported with government, carbon offset credits, and Green Tax credits. LAMBDA is publicly traded at the First Quotation Board at Deutsche Boerse in Frankfurt (Symbol: XLS, ISIN: US51327T1051, WKN: A0YJT20).
All product and company names herein may be trademarked by their respective owners.
Leseranfragen:
LAMBDA TD Software Inc
1755 Village Center Circle
Ste. 110-150
Las Vegas, NV 89134-0562
Pascal Niedermann / Investor Relations
Tel.: +1 (646) 873-7728
E-Mail: pascal(at)lambdatdsoftware.com
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Datum: 29.09.2010 - 09:08 Uhr
Sprache: Deutsch
News-ID 25514
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