Item 7.01 Regulation FD Disclosure
Znergy, Inc. ( "Znergy" or the "Company") announced it has entered into a Master
Supply Agreement to update one of the top 5 largest worldwide retail clothing
chains to new LED lighting. Under the Master Supply Agreement, Znergy will
retrofit and convert approximately 518 North American retail locations to new
LED lighting. Znergy currently anticipates up to $90 Million of additional
revenue under the agreement over an estimated 2-3 year conversion schedule,
which is dependent upon the client's continuing issuance of purchase orders
under the Master Supply Agreement. Znergy has just completed the successful
conversion of 10 locations to initiate the nationwide conversion rollout.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements. These
forward-looking statements are subject to a number of risks, uncertainties and
assumptions. Our actual results could differ materially from those predicted or
implied. Undue reliance should not be placed on the forward-looking statements
in this Current Report on Form 8-K. We assume no obligation to update such
statements.
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