Revolution Lighting Technologies Enters Into Strategic Distribution Partnership with Ganga Hospitality Corp
Partnership Will Expand RVLT’s LED Distribution Into Ganga’s Network of Over 12,000 Hotel, Hospital, Gas Station and Convenience Store Customers
STAMFORD, Conn.--(BUSINESS WIRE)--Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution Lighting”), a leader in advanced LED lighting solutions, today announced that it has entered into a strategic distribution partnership with Ganga Hospitality Corp. (“Ganga”), a leading provider of equipment and financing to hotel, hospital, gas station and convenience store customers.
“This partnership further supports our goal of establishing a large and well-trained distribution network in order to penetrate key markets and drive our growth”
The partnership will significantly expand the distribution of Revolution Lighting’s LED lighting products into Ganga’s large and existing base of more than 12,000 customers. As part of the partnership, Ganga will deploy its team of over 30 professionals to focus on solely selling Revolution Lighting's LED lighting solutions and controls to its large base of customers. Through its affiliate, The Leasing Experts, Inc., Ganga will also provide its customers with financing to execute LED lighting projects with little or no upfront cash investment. In addition to providing Ganga with access to its world class portfolio of LED systems, Revolution Lighting will also provide services to support Ganga’s sales efforts.
“This partnership further supports our goal of establishing a large and well-trained distribution network in order to penetrate key markets and drive our growth,” said Robert V. LaPenta, Chairman and Chief Executive Officer, Revolution Lighting Technologies. “With a dedicated sales team focused on selling our LED lighting solutions into their more than 12,000 customers, Ganga is an ideal partner that will enable Revolution Lighting to significantly increase our reach and sales to hotels, hospitals, gas stations and convenience stores. We look forward to a mutually beneficial partnership that will lead to improved energy efficiency and significant cost reductions for Ganga’s customers.”
“We are committed to expanding our product line to our customers with high quality LED solutions and easy access to low cost financing,” said Arjun Saluja, President of Ganga Hospitality Corp. “Our customers are anxious to switch over to more efficient and safer LED lighting solutions and we have determined that Revolution Lighting is the ideal partner to help us meet their growing demand in this regard. Revolution Lighting has built a broad, state-of-the art, high-quality LED product portfolio that will deliver significant benefits to our customers. We are pleased and excited to enter into this important partnership with Revolution Lighting which will have an immediate impact on meeting the growing energy efficiency needs of our customers.”
About Revolution Lighting Technologies Inc.
Revolution Lighting Technologies, Inc. is a leader in the design, manufacture, marketing, and sale of light emitting diode (LED) lighting solutions focusing on the industrial, commercial and government markets in the United States, Canada, and internationally. Through advanced technology and aggressive new product development, Revolution Lighting has created an innovative, multi-brand, lighting company that offers a comprehensive advanced product platform. The company goes to market through its Seesmart brand, which designs, engineers and manufactures an extensive line of high-quality interior and exterior LED lamps and fixtures; Lighting Integration Technologies Inc., which sells and installs Seesmart products; Lumificient, which supplies LED illumination for the signage industry; Relume Technologies, a leading manufacturer of outdoor LED products; and Sentinel, a revolutionary patented and licensed monitoring and smart grid control system for outdoor lighting applications. Revolution Lighting Technologies markets and distributes its product through a network of independent sales representatives and distributors, as well as through energy savings companies, national accounts and its wholly owned subsidiary, Value Lighting, a leading supplier of lighting solutions to the multifamily residential housing sector and new construction marketplace across the U.S. Revolution Lighting Technologies trades on the NASDAQ under the ticker RVLT. For additional information, please visit: www.rvlti.com.
About Ganga Hospitality Corp.
Ganga Hospitality Corp. is one of the premier providers of key products and operational supplies to owners of hotels, hospitals, gas stations and convenience stores. Ganga, through its affiliate, The Leasing Experts, Inc., also provides these owners with low cost financing enabling its customers to acquire products and services with little or no upfront cash investment. Ganga has built a base of over 12,000 customers and its experienced management team has been providing the highest quality of services to the industry for over 40 years. For additional information, please visit: www.gangahospitality.com