GlobeNewswire by notified

LEOTEK to Restore Safety to Memphis Streets for Drivers and Pedestrians

Share

SAN JOSE, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- LEOTEK Electronics USA LLC, a leading manufacturer of LED streetlights, announced its involvement with the City of Memphis streetlight improvement project. LEOTEK's LED streetlights were chosen for this conversion project based on its reputation of delivering safety, performance, reliability, and value to cities worldwide.

In 2022, the city of Memphis saw a staggering 78 pedestrian deaths. Many Memphis drivers attribute these accidents to lack of visibility on the city streets and roadways. Citizens have also raised concerns over public safety and increased crime in neighborhoods where streetlights are out. Improved illumination is the first step in providing safety and security to the community. In August, Mayor Strickland stated: "Improved lighting improves safety in every neighborhood in Memphis. With these new lights, no longer will criminals have a safe harbor to operate under cover of darkness. People will feel safer on their streets." 

For pedestrians and drivers, the LED lighting project will provide much-needed visibility for safety at intersections and provide families with a sense of security at night. The beauty of the high-pressure sodium (HPS) to LED streetlight conversion project has two significant benefits. First, the project will essentially pay for itself from the electrical cost savings over the life of the program. Second, the city took one step closer in becoming greener by reducing greenhouse gas and its carbon footprint. A city the size of Memphis should save about 55% or more on electricity and reduce greenhouse emissions by more than 26,000 metric tons per year. 

Ewing Liu, Vice President of Sales for LEOTEK, states, "We have aided major cities like Chicago, Los Angeles, and Seattle with their conversion to LED streetlights, and now we are pleased to add Memphis to that growing list. With over 3 million LEOTEK streetlights installed, we are on a mission to provide safety, cost savings and energy efficiency for more sustainable cities around the world. We are proud that LEOTEK streetlights, shipped from our production facility in San Jose, CA, have already started to be installed in the Memphis community."

About LEOTEK 
LEOTEK is a leading global manufacturer of LED street, roadway, area and traffic signal lighting products. LEOTEK streetlights are installed in over 3 million applications worldwide. LEOTEK traffic signal modules are installed in over 30% of America's intersections, including over 14 million modules installed in North America and over 18 million traffic signals worldwide. LEOTEK is committed to developing innovative new lighting products and solutions that are reliable, long-lasting, and energy efficient. The factory and headquarters are located in San Jose, CA.

Contact Information:
Charles Bellemare
Marketing Director
charles.bellemare@leotek.com
(408)306-8526

Related Images



To view this piece of content from cdn.newswire.com, please give your consent at the top of this page.


Image 1: LEOTEK production facility in San Jose, CA


LEOTEK GreenCobra



This content was issued through the press release distribution service at Newswire.com.

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye