Energy Focus (EFOI) Recognized As GSA Contractor For Energy Efficiency Stimulus Package Projects

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01:19:58 pm on February 17, 2009

Energy Focus (EFOI), a leading energy efficient lighting specialist is up more than 20% today (keep in mind it’s a penny stock) after it announced it’s been recognized as an official GSA Schedule contractor to the US Government which opens up it’s product line for the potential use in projects determined by the $787 economic stimulus package.

“Becoming a recognized GSA Schedule contractor will expedite the procurement of Energy Focus’ energy efficient and green products that support projects to be implemented under the $787 billion Federal Stimulus package recently passed by the US House of Representatives and Senate. When signed into law by President Obama, the US Government’s policy to upgrade public buildings to become more energy efficient and green will play a significant role in our nation’s economic recovery, protecting our environment and revitalizing our communities,” said Joe Kaveski, CEO of Energy Focus, Inc.

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Thinking of investing in this one….. What do you guys think?

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