Onteco Corporation has announced to negotiate additional international licensing agreements with potential LED manufacturers in several countries for its cutting-edge NexPhase Intellectual property. on April 30th, Onteco Corporation has signed its first international license agreement with JARLYN S.A, a Uruguayan corporation, for its proprietary LED intellectual property ("IP"), developed by its subsidiary, NexPhase Lighting, Inc., dedicated in LED "intelligent" lighting development. As compensation for the license, the Company is t...

High Score Corporation has entered into a licensing agreement to develop a line of Energy Saving LED Street Lights and Parking Lot Lights with NexPhase Lighting. In spite of earnest efforts on the part of management this funding has not fully materialized. As a result, the previous President of the company, Dror Svorai, stepped down from his position as CEO and created an LED Lighting Factory.