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GBLL Fastenal Company Adopts Green Ballast Dayligh

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Post# of 94283
Posted On: 11/12/2013 12:41:34 PM
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Posted By: MoneyMaker
GBLL Fastenal Company Adopts Green Ballast Daylight Harvesting Ballast

MEMPHIS, Tenn., Nov. 12, 2013 /PRNewswire/ -- Green Ballast Inc., (OTC BB: GBLL) announced today that Fastenal Company, one of the nation's largest distributors of industrial and construction supplies with over 2,600 store locations , has become a customer of Green Ballast.  Fastenal has installed Green Ballast's patented daylight harvesting fluorescent light ballast in two of its stores which serve as showcases for its customers. 

"After incorporating Green Ballast daylight harvesting ballasts into our stores, customers have been commenting on the improvement in the lighting environment.  It serves as a great introduction for us to share how they can experience improved lighting, save money on their lighting costs and promote their environmental sustainability actions," said Steve Houghton, District Manager of Long Island/Queens of Fastenal. 

"Fastenal is an industry leader that shares our goal of helping the customer save money while still creating operational efficiencies with minimal environmental impact," said Kevin Adams, chief executive officer of Green Ballast.  "We look forward to working with many of the Fastenal locations throughout the country as we expand our business in 2014,"

About Fastenal

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company serves the manufacturing market that comprise original equipment manufacturers, and maintenance and repair operations, as well as other users, such as farmers, truckers, railroads, mining companies, federal, state and local governmental entities, schools, and retail trades; and construction market, which include general, electrical, plumbing, sheet metal, and road contractors. As of December 31, 2012, it operated with over 2,600 company-owned or leased stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

About Green Ballast

Green Ballast Inc., an energy solutions company, headquartered in Memphis, Tennessee, is an innovator, developer and marketer of energy efficient electronic ballasts for fluorescent fixtures in the commercial lighting industry. Green Ballast's patented daylight harvesting ballast technology utilizes an individual photo sensor that measures the amount of ambient daylight to reduce the amount of electrical current flowing to a light fixture thereby reducing lighting energy costs. Green Ballast's products are deployed during retrofit upgrades, new construction and remodeling work. Customers include electrical lighting product distributors, energy service companies, original equipment manufacturers, and real estate developers and managers who own and lease commercial real estate. To learn more about Green Ballast, please visit our website at www.greenballastinc.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements for Green Ballast reflect current expectations, as of the date of this press release, and involve certain risks and uncertainties.  Forward looking statements include statements herein with respect to the company's successful execution of its business strategy. Actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors.  Factors that could cause future results to materially differ from the recent results are described in form S-1 filed with the Securities and Exchange Commission on April 12, 2012.

SOURCE Green Ballast Inc.


Copyright 2013 PR Newswire


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