In addition, Nexxus Lighting announced that the non-binding letter of intent it entered into with LightWild, LLC in Overland Park, Kansas has expired and will not be extended.
"We are very excited to have closed the merger transaction with ALS. We look forward to integrating ALS as a Nexxus Lighting company and executing our LED product development strategy for both the commercial and entertainment lighting markets," stated Mike Bauer, president & CEO of Nexxus Lighting.
"Our overall strategy for growth in solid state lighting through, among other things, strategic acquisitions is a fundamental part of our core business model and we are continuing to selectively evaluate opportunities that could facilitate expansion of our product offering and penetration into new market segments."
(Jim Evans)
