Commerce Energy and PolyBrite Announce Joint Marketing Arrangement.
COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif. -- Commerce Energy Group, Inc. (Amex:EGR EGR Engineering
EGR Exhaust Gas Recirculation
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EGR Emergency Generator Room ) today announced that it has entered into a joint marketing arrangement with PolyBrite International, Inc., a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of the Goeken Group Corp.
Commerce will market long-lasting, energy-saving, mercury-free LED light bulbs developed by PolyBrite, under the Borealis brand, through its corporate Web site, CommerceEnergy.com.
"This bulb is an exciting innovation and one that has synergy with Commerce Energy's goals of helping customers save money and contribute to the improvement of the environment by using less energy," said Steven S. Boss, Commerce Energy chief executive officer. "Finding ways to use energy more effectively and efficiently are among the benefits of a robust, competitive energy market. We're pleased to stand with PolyBrite in making this safe, innovative product easy for consumers to find."
Carl Scianna, PolyBrite president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "We're delighted to join forces with such a well-respected company as Commerce. These bulbs last for 15 years or longer, use up to 90 percent less energy, won't break and have no mercury or other harmful toxins. Since nearly 10 percent of home energy use is directly related to lighting, alone, these new bulbs will offer a way for consumers to control that cost, help the environment and still get the lighting they need."
About PolyBrite International, Inc.
PolyBrite International is located in Naperville, Illinois. The company provides a top quality, highly visible technology that is incorporated into a variety of innovative lighting applications. For additional information, visit http://www.borealislighting.com/.
About Commerce Energy Group, Inc.
Commerce Energy Group, Inc. is a leading independent U.S. electricity and natural gas marketing company, operating through its wholly-owned subsidiaries, Commerce Energy, Inc. and Skipping Stone Inc. Commerce is publicly traded on the American Stock Exchange American Stock Exchange (AMEX)
Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. (AMEX) under the symbol: EGR. Commerce Energy, Inc. is licensed by the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. and by state regulatory agencies state regulatory agency A state body responsible for establishing professional standards, and for certifying professionals or organizations through appropriate documentation as an unregulated retail marketer of natural gas and electricity to homeowners, commercial and industrial consumers and institutional customers.
Headquartered in Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. , the company also has an office in Dallas, Texas, as well as several area offices located around the U.S. For nearly a decade, customers have relied on Commerce to deliver competitive pricing, innovative product offerings and personalized customer care in addition to quality gas and electric services. For more information, visit www.CommerceEnergy.com.