LED lamps. Philips is currently limited to Home Depot in the physical retail space and online lamp catalog sites such as bulbs.com and 1000bulbs.com. In Home Depot, Cree and store brand LEDs are Philips main competition. None of the current market channels educate the consumer sufficiently to make the best choice of LED for their application.

Enersave is in discussions with environmental organizations to team to introduce their members to LED lighting in order to reduce electric bills, lower their carbon footprint and combat Climate Change. Enersave is also recruiting independent agents, primarily college students, to distribute coupons and door hangers for a fee and a sales commission on sales their efforts generate. Our goal is to achieve a minimumof 1000 agents, primarily in the higher electric cost regions of the US. Each agent will be able to sell our products using our app and a card reader in addition to distributing sales literature.

www.myLEDhome.com will ship Philips LED products from its fulfillment partner direct to consumers and accept back incandescent lamps and CFLs containing mercury for proper disposal using our delivery packaging for the return. Pilot distribution of door hangers and flyers is underway in New York City and New Jersey. Management believes that information about the residential purchasers of LED lamps from www.myLEDhome.com will have additional value to future partners who sell green electricity and installers of solar electric systems.