Xodtec Group Signs Energy Service Contract with Grand Resort to Retrofit Energy and LED Lighting Systems

Xodtec Group USA, Inc., a developer of LED lighting solutions, announced that it has signed an energy service contract with West Lake Resortopia to act as its energy service company ("ESCO") and provide a range of energy solutions including illumination and artistic lighting for environmental and architectural decoration.

West Lake Resortopia is a resort which incorporates the mountains and natural scenery surrounding it in Miaoli County, Taiwan. By introducing integrated energy solutions, Resortopia will promote its corporate image by reducing its electricity expense and carbon emissions to provide a cleaner environment.

"West Lake Resortopia is a project, we will not merely provide LED lighting products, but also engineer integrated energy solutions," said Curtis Su, Chairman of Xodtec Group USA. "This is a challenging project for us, combining optimal energy-efficient lighting solutions and outstanding artistic lighting effects which we hope will demonstrate our versatility in the lighting industry."

Resortopia said it will purchase indoor, outdoor, color-changing artistic light lamps and fixtures from Xodtec, which will also retrofit Resortopia's illumination and decorative lighting systems. The project is divided into three phases; the ongoing first phase is about providing an integrated energy-efficient hot water system, expected to generate revenue in excess of $1,500,000; the second and third phases are about providing LED illumination and ambience artistic lighting, currently under planning and expected to be executed at the end of year 2009. The estimated gross revenue of this project is approximately in excess of $4,687,000.

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