Brite-Strike Tactical Illumination Products, Inc. Receives Solar Product Patent and Target to Host First North American Guitar Hero(R) World Tour Challenge at E for All Expo
Monday, October 06, 2008 11:30 AM
Symbols: COST, TGT, WMT

--(www.USEquityNews.com)-- 10/06/2008 - Consumer Goods industry alert provided by U.S. Equity News. Brite-Strike Tactical Illumination Products, Inc. (Other OTC:BSTI.PK) announced recently that it and Glenn Bushee, President of the Company, were awarded US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The product, the first commercial product the company has developed which utilizes LED lighting powered exclusively by small solar panels, will be introduced in 2009. The Company plans on developing and distributing products which have the potential to revolutionize the use of LED lighting in this country, through a wholly owned division, Brite-Strike Technologies. "This product will be our first entry that marries the energy efficiency of LED light with the portability of solar," said Glenn Bushee, President of Brite-Strike. "The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications, as we can produce a light far brighter than those currently available in the marketplace. LED lights only use 5% of the equivalent energy of incandescent lights, with almost no heat, so developing products utilizing this technology can make major inroads in cutting energy consumption in this country. Our first product will be of the highest quality, and will function as a driveway lamp with mailbox light, address number lights, and an optional motion-activated light with camera-all powered by solar, with no external wiring required. It will offer incredible value for the consumer. We have other more significant products which we are working on, which will be announced in the weeks to come," said Mr. Bushee.

Shares of wholesale clubs held their gains Friday after the House approved a $700 billion bailout bill. The plan involves buying distressed mortgages and securities backed by mortgages from banks and other institutions to shore up the financial industry. The 263-171 vote came after the House rejected an earlier version of the bill on Monday. The Senate approved a revised bill on Wednesday that added tax breaks and increased the limit on federal deposit insurance. Shares of companies such as Costco Wholesale Corp. (NASDAQGS: COST) and BJ's Wholesale Club Inc. had risen in early trading Friday as investors anticipated the legislation that many hope will help relax a credit crunch, stabilize the markets and restore confidence in the economy. Like the broader market, shares of these retailers showed mild improvement following the House vote. Shares of BJ's rose 63 cents, or 1.64 percent, to $38.99 following the vote.


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