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Milestones & Recognition: Energy Focus Awarded $2.5 Million In Contracts

May 14, 2010 (FinancialWire) — Energy Focus, Inc. (NASDAQ: EFOI) said its turnkey lighting retrofit division, Stones River Companies, LLC (SRC) was recently awarded five additional lighting energy services contracts totaling $2.5 million, bringing to a total of $19 million contracts awarded to Energy Focus' new business unit.

Two contracts are to upgrade the lighting at two universities, which will involve the retrofit and replacement of hundreds of fixtures. The remaining contracts are to upgrade lighting in an elementary school district, the lighting in a hospital, and several buildings in an army base. All of the new projects are located in the Southeast.

SRC has completed the audit of the existing facilities, inventoried their lighting systems, created an approved energy savings design, and will now procure the materials and oversee the lighting installations. The five public sector contracts are expected to be completed before the end of the year.

Energy Focus provides turnkey energy efficient lighting solutions that provide energy savings, aesthetics, safety and maintenance cost benefits over conventional lighting.

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