Sunovia Energy finalizes $2M volume purchase agreement for LED light engines

Date Announced: 11 Nov 2008

SARASOTA, Fla.—Sunovia Energy Technologies, Inc. (OTC Bulletin Board: SUNV) is pleased to announce that it has finalized an agreement to provide its high-efficiency EvoLucia™ LED light engines to Precision-Lighting for use in their TMD Series flood light. The $2 million agreement calls for Sunovia to deliver 20,000 light engines to Precision, who will integrate them into a completed luminaire. Loading dock lighting is an ideal market application for the TMD flood light, which is currently being deployed across the U.S. by a Fortune 100 global freight logistics company.

“We are pleased to have finalized this agreement with Precision, and applaud their continued leadership in energy conservation and environmental preservation,” said Sunovia President and Chief Technology Officer Bob Fugerer. “Our LED lighting solutions substantially reduce energy costs and carbon emissions, allowing companies to recover the cost of their investment very quickly.”

Fugerer added, “Our partnership with Precision-Lighting is a true win-win relationship that facilitates both companies’ ability to accelerate product development and secure market share in the burgeoning LED lighting marketplace.”

Ray Pustinger, President and CEO of Precision-Lighting commented, “Precision and the Varon Lighting Group are committed to delivering on the promise of LED with truly sustainable, long-life, low-wattage products. This means taking great care with the thermal design of the fixture to ensure long life, addressing the lighting task with a sound photometric approach, and using the best available components. Our relationship with Sunovia greatly enhances our ability to do these things.”

About Sunovia Energy Technologies, Inc.

Sunovia Energy Technologies is a Sarasota, FL-based renewable energy and energy conservation company that is commercializing advanced, cost-effective cadmium telluride (CdTe) solar cell and infrared technologies. Sunovia is also the owner of the EvoLucia™ line of energy-efficient lighting products.

Sunovia’s solar and LED lighting technologies are among the most cost and energy efficient in the world. The Company maintains a focus on research and development, and works diligently to ensure that it remains at the forefront of the energy curve as renewable energy markets rapidly expand and territories are defined. Sunovia is being advised by pre-eminent authorities in the field of renewable energy, including former Secretary of Energy Spencer Abraham and Under Secretary of Commerce Kenneth I. Juster.

Sunovia owns a significant equity interest in Illinois-based EPIR Technologies, Inc. (www.epir.com), one of the most advanced IR sensor and IR imaging companies in the world, and is also the exclusive marketing partner for all EPIR products. EPIR is a pioneer and leader in the commercialization of CdTe on Si and HgCdTe on Si photovoltaic products, and its knowledge and experience in the growth of these II-VI semiconductors is equal to or exceeds any other company in the world. EPIR’s unique expertise has been endorsed by the award of Congressional funds for the development of a manufacturing capability for CdTe on Si and the award of a patent for growing CdTe directly on a Si readout integrated circuit. EPIR and Sunovia have a network of close collaborative relationships with the major Defense Department and industrial labs involved in IR detection and imaging, including the Army Research Laboratory, the Night Vision Electronic Sensors Directorate, BAE Systems, and other laboratories around the world.

About Precision-Lighting

Precision-Lighting, a member of the Varon Lighting Group, is an energy-efficient lighting specialist that serves energy service companies, lighting service companies, and energy focused lighting and electrical distributors. Together with its customers, Precision provides energy-efficient lighting solutions used in commercial and industrial facilities. Founded in 1992, Precision has developed an expertise in the logistical support of national retrofit projects with multi-site portfolios and has grown due to its service-based culture, flexibility, and strong relationships with its customers and suppliers. In addition to its innovative product line, Precision provides high levels of application support and service with a broad range of products and technologies. Precision frequently supplies lighting layouts and financial payback analysis to assist the customer with the deployment and justification of lighting retrofit projects.

Contact
Sunovia Energy Technologies, Inc. 6408 Parkland Drive Suite 104 Sarasota, FL 34243 (941) 751-6800

E-mail:info@sunoviaenergy.com

Web Site:www.sunoviaenergy.com

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