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PRESS RELEASE: Seesmart Holdings Inc. Provides Revenue Guidance - Company expects 2012 revenue growth in excess of 125%

31.08.2011
DGAP-News: Seesmart Holdings Inc. / Key word(s): Development of Sales Seesmart Holdings Inc. Provides Revenue Guidance - Company expects 2012 revenue growth in excess of 125% 31.08.2011 / 08:00 =-------------------------------------------------------------------- Simi Valley, CA, USA - Seesmart Holdings, Inc. (Frankfurt: APF), 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. For more information, please visit www.seesmartled.com. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Seesmart as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. ** END OF NEWS RELEASE ** Seesmart Holdings, Inc. (DE: APF) is an independent, exchange listed company which, together with its operating subsidiary Seesmart, Inc., a Delaware corporation (collectively 'Seesmart'), operates in the segment of 'Cleantech / LED Technology.' Registered office: Seesmart, Inc. 4139 Guardian Street Simi Valley, CA 93063 Tel: 877.578.2536 Fax: 888.239.0959 info@seesmartled.com www.seesmartled.com and www.seesmartled.de (German) ISIN: CA8157841039 WKN: A1JFM8 Frankfurt, Open Market Investor Relations: Brooke Wagner ir@seesmartled.com Tel: +1.805.578.2536 End of Corporate News =-------------------------------------------------------------------- 31.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------- 137535 31.08.2011

DGAP-News: Seesmart Holdings Inc. / Key word(s): Development of Sales Seesmart Holdings Inc. Provides Revenue Guidance - Company expects 2012 revenue growth in excess of 125% 31.08.2011 / 08:00 =-------------------------------------------------------------------- Simi Valley, CA, USA - Seesmart Holdings, Inc. (Frankfurt: APF), 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. For more information, please visit www.seesmartled.com. This news release may contain certain forward-looking statements, expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the management of Seesmart as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management, including risks and uncertainties that could cause actual results to differ materially. Management does not take any responsibility to update the contents of this News Release in case new aspects arise or new conditions change the facts available. ** END OF NEWS RELEASE ** Seesmart Holdings, Inc. (DE: APF) is an independent, exchange listed company which, together with its operating subsidiary Seesmart, Inc., a Delaware corporation (collectively 'Seesmart'), operates in the segment of 'Cleantech / LED Technology.' Registered office: Seesmart, Inc. 4139 Guardian Street Simi Valley, CA 93063 Tel: 877.578.2536 Fax: 888.239.0959 info@seesmartled.com www.seesmartled.com and www.seesmartled.de (German) ISIN: CA8157841039 WKN: A1JFM8 Frankfurt, Open Market Investor Relations: Brooke Wagner ir@seesmartled.com Tel: +1.805.578.2536 End of Corporate News =-------------------------------------------------------------------- 31.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------- 137535 31.08.2011

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