Seesmart Holdings Shows Revenue Guidance

Seesmart Holdings, Inc. (frankfurt:APF.F), a leading provider of LED lighting technology, today released its revenue guidance for 2011 and 2012. Based on current projections, the company expects 2011 revenue of approximately $11 million U.S. dollars. Additionally, the company expects 2012 revenue to grow to approximately $25 million U.S. dollars, an increase of more than 125%.

"Our guidance reflects the significant increase in demand we are seeing for Seesmart products," said Ken Ames, Chief Executive Officer of Seesmart Holdings, Inc. "We have devoted significant effort to expanding our direct sales force, supply chain, and distribution network and these efforts are driving our revenue growth."

On August 24, 2011 the company announced the release of its revenue performance for fiscal 2009, 2010 and the first half of 2011. The company's unaudited revenue results, in U.S. dollars, were $3.6 million for 2009, $5.9 million for 2010, and $4.0 million for the first half of 2011.

"We are seeing LED technology being adopted at an accelerating rate. In just the first six weeks of our third quarter we booked over $2.5 million of new business. This gives us a high degree of confidence in our 2011 revenue guidance," continued Mr. Ames. "The quality of our products and the breadth of our product line are enabling us to provide very compelling solutions to organizations installing LED lighting."

About Seesmart

Seesmart, Inc. is a division of Seesmart Holdings, Inc. Seesmart, Inc. is a complete LED lighting solutions company with decades of experience in research and development, manufacturing and distribution. Seesmart offers a broad product line to meet most commercial or residential needs and delivers a rapid ROI, high-quality products backed by up to a five-year warranty, immediate energy savings and true retrofit solutions.

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