DGAP-News: Maxray Optical Technology Co Ltd.

DGAP-News: Maxray Optical Technology Co. Ltd. : NEW LIGHTING SYSTEM DESIGNED AS RETROFIT FOR COMMERCIAL APPLICATIONS

DGAP-News: Maxray Optical Technology Co. Ltd. / Key word(s): Miscellaneous Maxray Optical Technology Co. Ltd. : NEW LIGHTING SYSTEM DESIGNED AS RETROFIT FOR COMMERCIAL APPLICATIONS

05.04.2011 / 11:51

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NEW LIGHTING SYSTEM DESIGNED AS RETROFIT FOR COMMERCIAL APPLICATIONS

April 04, 2011 - Maxray Optical Technology Co. Ltd., a Delaware Corporation (MXOP OTCBB) confirmed today that it will present a LOI to Elsa Optical Technology H. K. (The Seller). The purpose of the Letter of Intent is to set forth the terms and conditions upon which Maxray will receive from The Seller, 100% of all shares and assets owned by The Seller. The ceiling LED light fixture developed by ELSA is designed to replace the fluorescent light fixtures currently used in most commercial buildings. The LED fixture requires no modification to the existing wiring or lighting apparatus. The LED ceiling fixture boasts high illumination with up to 50% lower electrical consumption, longevity far beyond the life of fluorescent lighting, and is completely maintenance free.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance, development and or results of the company's business include, but are not limited to, availability and customer acceptance of our products and services, general market trends and conditions, and other risks as detailed in the company's SEC reports.

www.maxrayoptical.com

Maxray Optical Technology Mississauga, Ontario CANADA John Campana, President

johncampana@maxrayoptical.com 905-824-6200

End of Corporate News

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