Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): February 18, 2010
POWER
EFFICIENCY CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
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0-31805
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22-3337365
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(State
or other jurisdiction of incorporation)
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Commission
File Number
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(IRS
Employer Identification No.)
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3960
Howard Hughes Pkwy, Suite 460, Las Vegas, NV
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89169
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (702) 697-0377
N/A
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17CFR 240.13e-4(c))
Item 8.01. Other
Information.
On
February 18, 2010, Power Efficiency Corporation (the “Company”) signed a global
supply agreement with one of the largest manufacturers and service providers of
elevators and escalators (the "OEM"). The OEM tested and evaluated
the Company's product for over a year. The OEM intends to include the
Company's products as one of the standard motor control options for new
escalators and to offer it as an energy efficiency retrofit upgrade for existing
escalators. The OEM produces thousands of new escalators per year out
of factories in Europe and Asia and has service contracts for tens of thousands
of escalators throughout the world.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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POWER
EFFICIENCY CORPORATION
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By:
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/s/ John
(BJ) Lackland
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John
(BJ) Lackland, CFO
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Date:
February 24, 2010
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