MIAMI, June 14, 2011 /PRNewswire/ -- Hi Score Corporation (PINKSHEETS:HSCO.pk - News) announced today that its holding, DMD Lighting and Energy Control Systems, will be opening a Sales, Marketing and Processing office in Somerset, New Jersey. The office will be operated by JTW Holdings on behalf of DMD. This new office will put DMD in a position to more efficiently process orders from the Port Authority of New York and New Jersey as well as other government and industrial customers in the Northeast United States. The agreement comes within weeks of DMD closing a deal with JTW wherein JTW has agreed to introduce DMD to several large commercial and government customers, up and down the East Coast but primarily in the Northeastern United States.
"We are very excited about this expansion," said Dominick Falso, COO of Hi Score and President of DMD. "Our relationship with JTW promises to net us a considerable amount of business in the Northeastern United States. We are doing the ground work now for a substantial amount of this work…much of which will materialize this year. I could not be happier about the way things are working out. This business is in addition to the orders that I have been speaking about in previous remarks. I will discuss our actual sales figures in the near future, but as I said, I am pleased with the way that things are working out."
Dominick Falso was appointed as Hi Score's Chief Operating Officer in January of this year. The appointment was made just weeks after Mr. Falso accepted the position as CEO of Hi Score-owned DMD Lighting & Energy Control Systems Inc. Mr. Falso was brought on to bolster the company's lagging gross sales volume. The company is very optimistic about the future.
About Hi Score
Hi Score Corporation is a supplier of eco-friendly lighting products in the Western Hemisphere. It offers its customers the fiscal and ecological practicality of utilizing safe, efficient, solid state green lighting rather than conventional fluorescent and incandescent bulbs. The Company offers the widest selection of high quality, long lasting LED lighting products that that can replace existing incandescent, fluorescent and halogen bulbs as well as compact fluorescent lights. Additionally the Company offers Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and REPCO Labels, respectively. The Company sells its products directly to distributors, consumers and businesses, as well as to municipalities.
Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's contract manufacturers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.
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