Vu1 Corporation Schedules Business Update Conference Call
Commences Inventory build for its Electron Stimulated Luminescence™ R30 Light Bulb
NEW YORK, May 23, 2011 /PRNewswire/ -- Vu1 Corporation (OTCBB: VUOC), a developer and manufacturer of mercury-free, energy-efficient general illumination lighting technology, today announced that it has scheduled a Business Update conference call. Dr. Scott Blackstone, Vu1's President and Chief Executive Officer, will provide an overview of the Company's business, sales and marketing activities, including progress with building its channel partner network.
Effective immediately, the Company will no longer take direct-orders on its website and all web orders received prior to today will be fulfilled. The Company evaluated its direct-order capability and believes outsourcing this will enable it to begin building sufficient inventory to satisfy commercial and retail customers. Authorized Electrical Distributors will be listed on Vu1's website as they are added to the company's reseller network.
"One of our primary goals during this early manufacturing phase has been the development of a robust reseller channel," commented Scott C. Blackstone, President and Chief Executive Officer. "Vu1 continues to execute against its stated sales strategy of building an extensive reseller network, as well as securing an agreement with a major national retailer."
Conference call details
The conference call will take place on Thursday, June 23, 2011 at 5:00 PM EDT. To listen to the Business Update conference call, participants in the US and Canada need to dial 800-706-9704 and international participants need to dial +1 660-422-4936. All participants need to provide the following access code: 70324796. A replay of the call will be available beginning two hours after the conclusion of the call until midnight on Thursday, July 7, 2011. To access the replay, in the US and Canada, dial 800-642-1687 and for international participants dial +1 706-645-9291. Participants will need to use the same access as above: 70324796. On the morning of Friday, June 24th, a digital recording of the conference call can be accessed on the Company's website at www.vu1.com.
About Vu1 Corporation
New York City-based Vu1 Corporation is dedicated to applying its technology to produce energy efficient, environmentally friendly lighting solutions worldwide. Vu1 has developed a new energy efficient light bulb to provide the consumer market with the first affordable, non-toxic light bulb with features consumers are demanding and not receiving from existing products. Learn more about Vu1 at www.Vu1.com. For the latest news, find Vu1 on Facebook and follow us on Twitter.
For investor inquiries, please contact Michael Polyviou at (913) 789-9978. For product and sales inquiries, please contact Chris Reilly at (704) 929-7872.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release includes forward-looking statements including, but not limited to, our ability to obtain future funding required for our operations, the future demonstration and commercial availability of our light bulb, timing for bulb production and sales, manufacturing capability of our facility, future interest of channel partners and distributors, our strategic planning and business development plans, future applications of the technology, and the viability, pricing and acceptance of our products in the market. These forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those described in the forward-looking statements. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, as well as the risks and other factors set forth in our periodic filings with the U.S. Securities and Exchange Commission (including our Form 10-K for the year ended December 31, 2010 and our other periodic reports as filed from time to time).
SOURCE Vu1 Corporation
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