Energy Focus launches three new products
Shares of Energy Focus, Inc. (Nasdaq: EFOI) gained ground today after the manufacturer of lighting systems for both the general commercial and the pool and spa lighting markets announced three new EFO-LED products for use in commercial and industrial applications.
The products include the “EFO-LED Dock Light,” a lighting system designed for shipping and receiving docks, distribution centers and manufacturing facilities; the “Armada EFO-LED,” designed for extreme low-temperature environments and the “Light Rail,” an under-cabinet lighting system.
The products will be sold through Energy Focus's distribution channels and private labeled through its alliance with TCP, Inc.
Shares of Energy Focus (EFOI) gained 33.3%, or $1.71, to $6.85 for the trading session. Shares of Energy Focus have been trading in the range of $4.60 to $9.95 for the past 52 weeks.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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