Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., Submits Linear LED Fixture Using CREE MLE High-Output LED Diodes to the Canadian Standards Association for LM 79 Testing, Evidencing a Further Expansion of Its Supply Relationship with CREE. NexPhase Already Has Received Orders for This Best-In-Class LED Luminaire.

MIAMI, July 28, 2011 /PRNewswire/ -- Onteco Corporation (OTC: "ONTC"), (the "Company" or "Onteco"), announced today that its subsidiary, NexPhase Lighting, Inc. ("NexPhase"), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, has submitted its COV20BMB41, linear LED fixture, "Luminaire," to the CSA for LM79 Testing. LM Testing is a requirement for purchasers receiving utility rebates.

Jon Cooper, President of NexPhase, stated, "We have submitted our 4-foot liner LED fixture (COV20BMB41) to the CSA (Canadian Standards Association) for LM 79 testing which we expect they will complete within 3 weeks. Our Luminaire produces 2400 lumens at 24 watts at constant current, and is producing 3 times the lumen output of competing product at similar wattages. It also easily accepts motion and daylight controls. In addition, the fixture is designed with easy to adjust field mounting to optimize lighting in a variety of applications. Our fixture utilizes a single driver to power up to 16 feet of linear lighting. Additionally, an emergency lighting feature is available for it as well.

"This submission further demonstrates our ever expanding relationship with Cree, with whom we have formed strategic marketing and co-branding agreements."

About Onteco Corporation

Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.

Additional information about Onteco Corporation is available at: www.Onteco.com

About NexPhase Lighting, Inc.

NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary "NexSense Technology™", which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, "patent pending" wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.

For more information about NexPhase Lighting, Inc. visit: http://www.nexphaselighting.com  

Safe Harbor Statement:

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

CONTACT:  Onteco Corporation
Dror Svorai, President, (305) 932-9795

SOURCE Onteco Corporation

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