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GearSource Focuses on Core Business

LED Source® Continues to grow Partnership with Coemar

(Wellington, FL)—LED Source®, the leading supplier of LED lighting products in North America, and sister company GearSource, the world’s marketplace for used lighting, pro audio and stage gear, has announced changes to their exclusive North American distribution agreement with Italian based lighting manufacturer Coemar Spa. Moving forward, GearSource will focus on selling used products and entertainment equipment and will no longer supply Coemar’s automated lighting products while LED Source will continue offering Coemar’s extensive line of LED technology on an exclusive basis throughout North America.
“I felt it was important to make improvements to both of my companies in regards to our relationship with Coemar Spa of Italy,” says Marcel Fairbairn, president and CEO of LED Source and GearSource. “In the best interest of all parties involved, GearSource will focus on its core used products business model, where it continues to be a market leader, while LED Source will maintain its close relationship with the Coemar Italian factory. This will help streamline operations, allow each business to focus on its top priorities and make it easier for our customers to find what they’re looking for. LED Source will continue to stock products from our U.S. headquarters in Wellington, Fla. and work with Coemar on LED product development, marketing and distribution.”
Coemar’s Sales Manager, Filippo Frigeri, will maintain responsibility for all North American automated lighting sales.
“We have built a great relationship with Marcel and his team and will continue to manufacture top-quality and innovative entertainment lighting products,” says Frigeri. “We expect the transition to run seamlessly and will continue to support LED Source in developing the rapidly growing professional LED business in the U.S.”
For more than a year, LED Source has been working closely with Coemar as they update their already successful LED product line, including the new and widely popular Reflection LEDko series. With this line of products, Coemar and LED Source have begun to gain market share in traditional lighting arenas including TV, theater, rental and installations. Additionally, Coemar has updated their ParLite LED line with two new Variable White ParLite LED fixtures. Both are bright, reliable and built on the successful and award-winning ParLite platform.
“With Reflection LEDko and the new ParLite LED products, we are seeing new markets arrive and existing markets grow. Coemar LED products are rapidly gaining popularity and we’re proud to be part of that,” says Fairbairn.

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About LED Source®
Founded in August 2005 by Marcel Fairbairn, LED Source® is a national and international supplier of LED lighting that specializes in full-scale evaluations and retrofits through its Retrofit Division, in addition to providing consultation all the way through to supply on new projects within their Architectural and Entertainment Divisions. Additionally, the company launched a franchise program in October 2009 and expects to have a network of 150 franchise offices throughout North America within three years. For more information, please visit www.ledsource.com or the company’s blog at http://getleducated.wordpress.com.

About GearSource®
Founded in 2002, GearSource® through its online platform, sells predominately used products in professional stage lighting, pro audio, video and staging. Customers include production/rental companies and resellers, as well as televisions studios, theaters and churches. For more information, please visit www.gearsource.com.

About Coemar
Established in 1933 and based in Castel Goffredo, Italy, Coemar Spa is a world leader in lighting for the entertainment industry. The company also develops, manufactures and sells its products for architectural and commercial applications and guarantees pre-sale and after-sale services. At an international level, the company operates in five continents with a network of over 50 distributors. www.coemar.com.

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