Legends Business Group, Inc. (LGBS: OTC Pink Current) | LEGENDS DESIGNS ENERGY EFFICIENT LIGHT BULB AS THIRD PRODUCT; SEEKS MANUFACTURER
Legends Business Group, Inc. – Legends Looks to Develop Ultra Efficient LED Light Bulbs With Five-Watt Consumption equal to Sixty-Watt Lighting Output.
Legends Business Group (LGBS: PK), today announced the company’s new Executive Energy Consultant, Jeff Wilson, as part of Legends research and development team, has designed a circuit which consumes about 3.7-watts and is capable of powering multiple light-emitting diodes (LEDs) at a 60 Watt output equivalent. The ultra-efficient circuit is in its final conceptual stage and still requires enough miniaturization so as to be small enough to fit inside a standard 60 Watt styled bulb.
Legends has been actively requesting quotes from overseas manufacturers capable of tooling and creating an extremely energy efficient light bulb. The specifications require that the bulb have a maximum energy consumption of 5 Watts, have the equivalent lighting brightness of a standard 60 Watt incandescent bulb and have a normal-use life expectancy of at least 50,000 hours.
“Today’s LED bulbs look so different from the incandescent light bulbs we grew up seeing,” said Rudy Sablon, LGBS’s President and CEO. “Odd shapes and light colors have made the latest LED bulbs on the market today somewhat unpopular to American consumers. Users want a bulb that is eco-friendly and has the look and feel of the standard sixty-watt incandescent light bulb they are familiar with.” Most current CFL and LED bulbs on the market today use about 12 Watts of power and have several other drawbacks.
In 2011, the US congress fought to repeal a law phasing out incandescent bulbs, and studies now show that conservative US shoppers are turned off by the current offering of LED and CFL light bulbs. With high prices and modern designs the US consumer has been reluctant to switch. Legend’s goal is to design and manufacture an ultra-efficient LED bulb that will be modeled and designed to look and act just like a sixty-watt incandescent light bulb but yet be 90% more energy efficient than an LED and 50% more efficient than a CFL bulb.
If you would be interested in distributing Legends products, please email Legends at info@legendspower.com
For more information on Legends current projects, please visit: http://www.legendspower.com/current_projects.php
About Legends Business Group
Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace. For more information please visit: http://www.legendspower.com
Safe Harbor Statement
This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for the fiscal year and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates," "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace, cost-containment strategies, and the Company's success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filings. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
Contact:
Investor / Public Relations:
Rodolfo Sablon
Phone: 305-767-7993
Email: info@legendspower.com
Corporate:
Rodolfo Sablon
Phone: 305-767-7993
Email: info@legendspower.com
