Cyberlux Corporation and Bruni Industria Mobili SRL Announce Joint Venture for European Marketplace
Joint Venture to Integrate Cyberlux Technology into Bruni Industria Products and Expand Cyberlux Product Distribution into Existing European Sales Network
PR9.NET July 28, 2005 - Today, Cyberlux Corporation and Bruni Industria Mobili SRL announce the formation of a joint venture that will address the solid-state lighting needs of the European marketplace. Bruni Industria Mobili SRL, a 51-year-old furniture, fixture and consumer products manufacturing conglomerate located in Sora, Italy, is one of the largest manufacturers of furnishing products, including lighting products and fixtures, for the European market.
Under the terms of the agreement, Cyberlux Corporation has granted Bruni Industria the European marketing and distribution rights for the Cyberlux products, and Cyberlux and Bruni Industria Mobili SRL will integrate Cyberlux technology into Bruni Industria products.
Cyberlux and Bruni Industria expect the joint venture to begin operating in early 4th quarter of 2005, with the initial focus on extending the existing Cyberlux products into the numerous European channels supplied by Bruni Industria. In addition, the joint venture will begin integrating the Cyberlux solid-state lighting technology into the various Bruni product segments where long-lasting, virtually heatless, maintenance-free, energy-efficient lighting will revolutionize the lighting solutions used in the Bruni Industria business.
About Bruni Industria Mobili SRL
Bruni Industria Mobili SRL is one of the largest residential, commercial, retail and office furnishing manufacturing and distribution companies in Europe. Founded in 1954, Bruni Industria Mobili is headquartered in Sora, Italy, where the principle manufacturing facility is located. Bruni Industria Mobili SRL serves the European and Asian markets with traditional and contemporary furniture and fixtures. For more information, please visit http://www.brunicontract.com.
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Cyberlux Corporation (OTCBB: CYBL) has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today for consumer, commercial and military uses. Several products are designed to address emergencies such as power outages or critical security lighting needs and others which bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal(TM) lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for conventional bulbs. For more information, please visit www.cyberlux.com.
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