DGAP-News: Seesmart, Inc. names Steven Engineering, Inc. as Master Logistics Supplier
(firmenpresse) - DGAP-News: Seesmart Holdings Inc. / Key word(s): Contract
Seesmart, Inc. names Steven Engineering, Inc. as Master Logistics
Supplier
11.10.2011 / 09:00
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Seesmart, Inc. Simi Valley, CA, USA - Seesmart, Inc., industry-leading LED
lighting manufacturer and a division of Seesmart Holdings, Inc. (Frankfurt:
APF), has appointed California-based Steven Engineering, Inc. as its Master
Logistics Supplier. In its role as Master Logistics Supplier, Steven
Engineering will act as a third-party logistics partner for Seesmart,
warehousing $1.5 million dollars in Seesmart product and processing an
approximate $1 million dollars per month in orders from Seesmart customers.
This is the first time in the company's history that Seesmart has
designated a Master Logistics Supplier. The new relationship will enable
Seesmart to better manage its rapid growth by expediting the fulfillment
process. It will also facilitate the acceleration of Seesmart's dealer
program, which currently seeks to recruit and certify over 30 new dealers
each month.
'Seesmart welcomes Steven Engineering as a strategic partner in aiding the
growth of Seesmart's dealer network and the efficiency of our entire sales
network,' said Ken Ames, CEO of Seesmart, Inc. 'Steven Engineering brings
decades of inventory management and logistics experience that will play a
key role in getting products into the hands of end-users in a very
fast-paced and growing industry. Their competency will enable us to deliver
products faster and reduce our sales cycle time, thereby helping us
maintain our tremendous growth.'
About Steven Engineering
Steven Engineering is a global provider of products, services and solutions
to industrial and commercial users of electrical, electronic, pneumatic and
automation products, as well as offering inventory management and logistic
service programs. Founded in 1975 and headquartered in South San Francisco
California, Steven Engineering is consistently ranked as one of the largest
distribution companies in the United States. For more information, please
contact Steven Engineering at www.stevenengineering.com or 1-800-258-9200.
About Seesmart
Seesmart, Inc. is a division of Seesmart Holdings, Inc. Seesmart, Inc. is a
complete LED lighting solutions company with decades of experience in
research and development, manufacturing and distribution. Seesmart offers a
broad product line to meet most commercial or residential needs and
delivers a rapid ROI, high-quality products backed by up to a five-year
warranty, immediate energy savings and true retrofit solutions. For more
information, please visit www.seesmartled.com.
This news release may contain certain forward-looking statements,
expectations, intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to the
management of Seesmart as of the date hereof, and actual results may vary
based upon future events, both within and without the control of the
management, including risks and uncertainties that could cause actual
results to differ materially.
Management does not take any responsibility to update the contents of this
News Release in case new aspects arise or new conditions change the facts
available.
** END OF NEWS RELEASE **
Seesmart Holdings, Inc. (DE: APF) is an independent, exchange listed
company which, together with its operating subsidiary Seesmart, Inc., a
Delaware corporation (collectively 'Seesmart'), operates in the segment of
'Cleantech / LED Technology.'
Registered office:
Seesmart, Inc.
4139 Guardian Street
Simi Valley, CA 93063
Tel: +1 877.578.2536
Fax: +1 888.239.0959
info(at)seesmartled.com
www.seesmartled.com
ISIN: CA8157841039
WKN: A1JFM8
Frankfurt, Open Market
Investor Relations:
Brooke Wagner
ir(at)seesmartled.com
Tel: +1.805.578.2536
End of Corporate News
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11.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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