Posted
June 08, 2007
A delegation of top business leaders from the Republic
of Azerbaijan visited industry leader Torrance
May 30, 2007 — Torrance, CA — This week a delegation
of top business leaders from the Republic of Azerbaijan visited industry
leader LEDtronics, Inc. and its CEO and President, Mr. Pervaiz Lodhie.
The main topic of discussion with Torrance-based LEDtronics — a
manufacturer of LED lamps and energy-saving products — was how
and where LEDtronics and Azerbaijani businesses could develop partnerships
and begin to help
the Republic of Azerbaijan conserve energy consumed for lighting.
The
delegation was led by Azerbaijan?s preeminent Deputy Minister of Economic
Development Mikayil Jabbarov. A broad spectrum of business sectors
were represented, including technology, banking, land and real estate
development, engineering, eco-materials manufacturing, insurance, waste
management, agriculture and more. Some key leaders in attendance were
Mr. Afgan Isayev, VP Strategic Planning, Bank of Baku and Mr. Emil
Majidov, President, Azpromo. The Republic of Azerbaijan is one of the fastest growing economies in
the world, with a GDP growth reaching an astounding 38 percent in the
first quarter of 2007. A leading economic performer and a keystone nation
in the Caspian-Black Sea region, Azerbaijan provides diverse opportunities
for cooperation and offers a dynamic environment for investment.
Founded in 1983 by Mr. Pervaiz Lodhie, LEDtronics? leads where others
only follow when it comes to designing, manufacturing and packaging state-of-the-art
LEDs to meet the world?s constantly changing lighting needs. LEDtronics
inventive product line encompasses an array of direct incandescent bulb
replacement with energy saving, long life LED bulbs and Lamps. LED bulbs
last up to 100,000 hours, over ten years, which greatly reduces maintenance
and replacement costs because LEDs are virtually immune to shock and
vibration. LED bulbs use a fraction of the electricity (LED lamps use
80% to 90% less energy then the incandescent lamps they replace) necessary
to light an incandescent bulb; they significantly reduce power consumption
to help achieve energy conservation goals. LED bulbs also remain cool
so there is no excessive heat build-up, which can influence building
air conditioning costs.
Link to: Pressbox.co.uk
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