Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), a world leader in intelligent lighting technology for controlled environment horticulture, today announced that Christopher M. Steele, Chief Operating Officer, Caroline Nordahl Wells, General Manager, Americas, and Johan Lindqvist, Research and Development Engineer at Heliospectra will join global technology leaders presenting at the MIT Enterprise Forum Mexico Ecosistemas. The event is hosted by MIT Enterprise Forum Mexico in collaboration with Intel on November 14 and 15, 2016 in Guadalajara, Mexico.
“It is truly a privilege to join business and government leaders in Latin America to discuss the economic development and technology advancements that urban agriculture projects and commercial greenhouse cultivation are creating in communities across the globe,” said Christopher Steele, COO of Heliospectra."The rapid pace of agricultural technology innovation continues to accelerate adoption of our company’s IoT-enabled LED lighting. Heliospectra's smart controls pair with a multitude of sensor technologies to deliver optimal light strategies and unprecedented amounts of data back to growers. The result is customers can effortlessly achieve consistent crop quality and year-round production of nutrient-rich foods."
Heliospectra develops disruptive LED-based intelligent lighting strategies for cultivating greenhouse and indoor plants by combining several different groups of versatile light emitting diodes (LEDs) with optics, remote sensing techniques, and a robust heat dissipation solution. The lighting system gives growers the ability to control the intensity and wavelengths of the light emitted, creating a spectrum specifically adjusted to different plant species and growth stages to better facilitate photosynthesis.
Heliospectra executives will present in the following sessions during the two-day event:
Lessons from International Ecosystems on Monday, November 14, 2016
Panel discussion with:
Kate Bergeron, VP Engineering for Apple
Christopher Steele, COO for Heliospectra
Jaime Reyes, Secretary of Innovation, State of Jalisco
Ramón Morales, Director of Ecosystems for Intel
Moderated by Bernd Widdig, Director of International Activities for MIT
Emerging Technologies - The Next Real Revolution on Monday, November 14, 2016
Panel discussion with:
Brian Anthony, Director of MEDRC for MIT
Caroline Nordahl Wells, General Manager, Americas for Heliospectra
David Hardt, Senior Faculty Mechanical Engineering for MIT
Jesús Palomino, Intel GDC Site Manager
Harald Quintus-Bosz, CTO for Cooper Perkins
Moderated by José Pacheco, Co-Director de la Maestría en Manufactura Avanzada, MIT
So You Think You Have Enough Light Inside Your Greenhouse?
Tuesday, November 15, 2016
Johan Lindqvist of Heliospectra presents this intensive workshop designed to equip growers and agricultural engineers to design light strategies that achieve consistent year-round crop yields through the strategic application of supplemental light.
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GOTHENBURG, Sweden/SAN FRANCISCO, CA, November 14, 2016
Heliospectra Americas Press Contact:
Tracey Bradley, Director of Marketing Communications | [email protected]
Heliospectra Investor Relations:
Staffan Hillberg, CEO of Heliospectra | +46 (0)708 36 59 44 | [email protected]
Michael Swartz, Senior Analyst | Viridian Capital Advisors, LLC | +1 212-333-0257 | [email protected]
About Heliospectra AB
Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO) (www.heliospectra.com) specializes in intelligent lighting technology for plant research and greenhouse cultivation. The Company's lighting system provides an effective and durable technology for cultivating greenhouse and indoor plants by combining several different groups of versatile light emitting diodes (LEDs) with optics, remote sensing techniques, and a robust heat dissipation solution. This proprietary setup gives growers the ability to control the intensity and wavelengths of the light emitted, creating a spectrum specifically adjusted to different plant species and growth stages to better facilitate photosynthesis. The complete, highly- engineered lamp produces crops that look better, taste better, and have a longer shelf-life than those grown under HID lamps. The technology not only reduces energy consumption by up to 50%, but also helps stimulate growth characteristics and improve plant quality. Other benefits include reduced light pollution, lower mercury use due to the avoidance of traditional HID/HPS bulbs, and less HVAC investment and monthly expense requirements.
Heliospectra products are based on in-depth knowledge in plant physiology and photosynthesis along with a unique way to utilize modern LED technology. After six years of development in Sweden, the company has now begun to expand into the international market. The company has raised more than $ 21 million in capital and has received more than $2.6 million through academic scholarships and grants. It has also received numerous awards for its forward thinking technology. Principal owners: Weland Steel www.welandstal.se, Swedish Industrial Fund www.industrifonden.se, Midroc www.midroc.se, Avanza Pension www.avanza.se.
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
This information is information that Heliospectra AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:00 CET / 8 AM CT on November 14, 2016.