|[January 17, 2013]
Lightning Eliminators Grows Exports 183 Percent; Adds Four New Countries to Business Portfolio
BOULDER, Colo. --(Business Wire)--
Lightning Eliminators & Consultants, Inc. (LEC), the leading supplier of
integrated lightning protection and lightning prevention products,
solutions and services, today announced its export business continued to
grow in 2012, leading to 183 percent export growth over the past two
years. The company also added four countries to its portfolio, bringing
the number of countries in which it currently is doing business to 70.
While LEC's sales efforts have focused more on international markets
over the past several years, the substantial export growth can also be
attributed to the increased occurrence of lightning strikes globally and
the need to protect expensive equipment and assets from such strikes. As
a result, sales to international markets represented more than half
LEC's total 2012 revenue.
In 2012, the addition of Colombia, Brazil, Netherlands and Belgium to
the roster of markets in which LEC does business helped the company
achieve its goal of selling lightning protection products to 70
"Businesses around the world clearly recognize the need to potect
themselves and their assets against lightning strikes, which are
becoming a more common occurrence in virtually every country and
region," said Avram Saunders, president and CEO, LEC. "By eliminating
the worry from such unpredictable and potentially devastating acts of
nature, we are ensuring that global business can operate uninterrupted,
and we are helping to ensure the stability of global economies in the
2012 also was successful in terms of recognition for LEC. The company
won the 2012 Colorado Companies to Watch Award, it was named a winner of
the Stevie Award for Company of the Year, Diversified Services, and it
was named a finalist for a Platts Global Energy Award. Further, LEC was
chosen to be featured in a Weather Channel documentary entitled "Hacking
the Planet," which will air worldwide in February 2013.
"Such a remarkable year is tough to beat, but 2013 is off to a great
start. Our first project of the year - a $750,000 order that was made
through our partner Consilium - is underway," added Saunders.
About Lightning Eliminators & Consultants, Inc.
Lightning Eliminators & Consultants, Inc. (LEC) is dedicated to
providing integrated lightning protection and prevention products,
solutions and services by utilizing innovative patented charge transfer
technology, grounding systems engineering, surge protection design, and
providing comprehensive consulting services based on physics and state
of the art engineering principles. Working globally and throughout the
United States, LEC has implemented its proprietary DAS™ solutions in
addition to RGA™ solutions for floating roof tanks across many
industries like Petrochemical, oil and gas, biochemical, communications,
mining, nuclear energy, utilities, power generation and manufacturing.
For more information on lightning protection:�http://www.LightningProtection.com.
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