SLS INDUSTRIES, INC.

SLS INDUSTRIES, INC.

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Company Overview
SLS Industries, Inc. is a publicly quoted company engaged in the design, development and marketing of electronic transformers for the lighting industry. SLS Industries was established in 1998 and has its registered head office located in Hanover, Maryland.
SLS Industries develops electronic ballasts for high intensity discharge lamps, metal halide, and high pressure sodium lighting, as well as for use in related fiber optic fixtures. The company’s products are distributed under the name UNIDIM.
The company primarily operates in the United States. It maintains a state-of-the-art R&D facility in Hanover, Maryland.
The company aims to become the leader in the development of supplies for industrial, commercial lighting applications and fiber optic lighting in the United States.
Business Summary
SLS Industries, Inc. is engaged principally in the design, development and marketing of electronic transformers for the lighting industry. The technologies developed by and/or owned by the Company are proprietary in nature. The products have been developed for use in industrial and commercial lighting applications and will be marketed under the name UNIDIM. The Company seeks to develop and market energy efficient power transformers for use in the commercial and industrial lighting and marketing of lightweight, energy-efficient electronic power marketplace, and seeks to become the leader in the development supplies for industrial and commercial lighting. The Company hopes that its products will advance the use of High Intensity Discharge lighting and that it will play a leading role in the growth of new applications for the fiberoptic lighting industry.
Description and history
SLS Industries, Inc. (SLS) is engaged principally in the design, development and marketing of electronic transformers for the lighting industry. The technologies developed by and/or owned by the Company are proprietary in nature. The products have been developed for use in industrial and commercial lighting applications and will be marketed under the name UNIDIM. The Company seeks to develop and market energy efficient power transformers for use in the commercial and industrial lighting and marketing of lightweight, energy-efficient electronic power marketplace, and seeks to become the leader in the development supplies for industrial and commercial lighting. The Company hopes that its products will advance the use of High Intensity Discharge (HID) lighting and that it will play a leading role in the growth of new applications for the fiberoptic lighting industry.

By the year 2001, SLS hopes to become recognized as a high-quality developer and manufacturer of electronic transformers for industrial and commercial lighting and for fiberoptic lighting. The Company hopes to develop and successfully market its first line of light weight, energy efficient, dimmable HID ballasts for Metal Halide and High Pressure Sodium (HPS) lighting and the associated fiber optics lighting during the first half of 1998. Through its ongoing commitment to research & development, the Company also hopes to be a leader in the miniaturization of these products. The Company may also seek to diversify through the acquisition of small, yet profitable lighting related companies.

SLS is engaged principally in the design, development, and marketing of electronic ballasts for the lighting industry. The Company’s products are used primarily to light HID Lamps. These lamps are found extensively in retail stores, shopping malls, commercial office buildings, outdoor street lighting, industrial high bay lighting, gymnasia and athletic field lighting and parking facilities (both high rise and lot type parking). The Company’s line of electronic HID ballasts are significantly lighter in weight than traditional magnetic ballasts used for the same purposes. In addition, the Company’s electronic ballasts are expected to provide greater energy efficiency than currently available alternatives.

The Company has developed electronic ballasts for two different types of HID lamps, Metal Halide and HPS, as well as for use in related fiberoptic fixtures. Lamps for these fixtures come in a variety of wattages and are used in a variety of lighting applications. The Company believes that its technology can be applied to a complete range of wattages of HID lamps. Fiberoptic fixtures are typically used in artistic and commercial lighting displays, such as architectural or accent lighting. The Company hopes to eventually design its products with a smaller footprint, which will permit fixture designers to reduce the size of the fixture and to experiment with bold designs for HID fixtures. Fiberoptic applications will also be able to take advantage of the lighter weight and the dimmability features of these products as well as the reduced heat generation and smaller footprint.

At present the Company’s 150-250 watt MH ballasts are in the second production run with units being sold for specific applications and as samples to potential customers. The 300-400 watt ballast is in the prototype stage and will be submitted for safety agency testing during 1999. Safety agency testing was completed for the 150-250 watt models in November 1997 with the first product approvals and a second approval being received in late 1998 for a second line of 150-250 watt models. It is the Company’s intent to eventually offer ballasts that will operate lamps ranging in size from 35 watt through 1,000 watts running off Alternating or Direct Current and with dimming and other specialized characteristics.

Business Line
Engaged in the design, development and marketing of electronic transformers
Subsidiary

Advisor
REZNICK- FEDDER & SILVERMAN
IPO date
7/1984
US SIC Code
3821
Company Address
Suite 103
7223, Parway Drive
City province or state postal code
21076, HANOVER, MD
Phone: +1 410 712 4155
Fax: +1 410 712 7624
Country address: UNITED STATES OF AMERICA
Website url: