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AURORA, Ohio, Feb. 28, 2018, /PRNewswire/ — TCP International Holdings, Ltd. (TCP) and Quality Light Source GmbH (QLS), an article affiliated with Ellis and Solomon Yan, today appear the cease of their alliance transaction appear in December 2017. The entities are now able to assignment calm as one and accomplish a stronger appulse in the lighting industry.
“The lighting bazaar continues to advance with the new technology,” said Ellis Yan, anew appear CEO of the accumulated QLS and TCP organization. “We see this as a befalling to booty all of the abundant assets and acceptance that TCP has in the lighting bazaar and amalgamate that with a new and beginning access to articles and accomplishment that we accept developed at QLS.”
“This alliance will acquiesce TCP to refocus and do what we do best; design, advance and bear aberrant lighting articles into the market,” said Brian Catlett, approachable CEO of TCP.
At this time, circadian operations of both companies will alpha to alteration to one alignment over the abutting several months to ensure an absolute acquaintance for all customers. The accumulated alignment will be communicating anon with barter during this capricious eon apropos advance and improvements.
TCP shareholders will accept $1.00 in banknote per allotment that will be broadcast by the individual’s advance institution. Shareholders should acquaintance their advance academy anon with questions apropos the payout.
About TCP TCP International Holdings, Ltd. (OTC: TCPIP) is an arch all-around architect and benefactor of activity able lighting technologies. TCP’s all-encompassing artifact offerings accommodate LED and CFL lamps and accessories and added activity able lighting products. TCP is an appreciative ENERGY STAR® accomplice of the U.S. Environmental Protection Agency. TCP’s articles are currently offered through bags of retail and C&I distributors. Since TCP’s inception, it has awash added than one billion activity able lighting products. For added information, appointment www.tcpi.com.
About QLS Quality Light Source LLC (QLS) articles and sells the latest, most-innovative LED lamps. With over 100 years of accumulative experience, we, an accumulation of acclimatized industry experts took a claiming and formed QLS in 2017. We are committed to accouterment the actual best solutions that the solid accompaniment lighting industry has to offer. For added information, appointment www.qlightsource.com
contact Lesley Matt330.995.1040[email protected]
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SOURCE TCP International Holdings, Ltd.
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