Onteco Corp. focuses on investing in and developing proprietary technologies that target alternative energy marketplaces domestically and worldwide. The Company’s current investment focus is within the energy saving lighting industry, having acquired NexPhase Lighting, Inc. in February 2011. Founded in 2007, Onteco is based in Aventura, Florida. The Company formerly went by the name InfoSpi Inc. They changed their name to Onteco Corporation in March 2011.
The Company’s mission, via their subsidiaries, joint ventures and business partners, is to continue to invest in, develop, nurture and bring to market, innovative, practical and cost-effective solutions to everyday environmental and alternative energy needs. NexPhase Lighting, Inc. designs and develops proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. Onteco believes that the proprietary technologies and intellectual property of NexPhase represent the Company’s potential for fast entry into the domestic and global markets focused on energy saving lighting.
All NexPhase lighting products incorporate their proprietary “NexSense Technology™”. NexSense control systems use a unique, patent pending wireless protocol. It provides for substantial reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.
Onteco has focused on the commercialization of proven technologies to address the areas of sewer, sludge conversion, used tires, and plastic recovery. The Company also intends to search for a merger or acquisition partner to develop their focused business Green Energy Technology.
In May, Onteco announced that their subsidiary, NexPhase Lighting, Inc. released their 2×2 NexSense Troffer Product Data Sheet. NexPhase announced the release of the product after nearly a year of development work. The product will be ready for full commercial high volume release in the third quarter of 2011.
They also announced in May the release of their 1×4 NexSense Troffer Product Data Sheet. The 1×4 NexSense Troffer product is the second product release for the NexSense product line. This product will also be ready for full commercial high volume release in the third quarter of 2011.
This week, Onteco announced that NexPhase Lighting, Inc. would expand their NexSense LED troffer product line.
Jon Cooper, President of NexPhase Lighting, Inc., stated, “We have researched the marketplace closely while developing our 2×2 NexSense LED Troffer and clearly an expanded product line in different form factors is needed to fully satisfy the many market opportunities at hand. Later this year we will be introducing different troffer product configurations for our 2×2 Troffer as well as 1×4 and 2×4 configurations.”