Virmmac, LLC Eyes NexPhase Lighting, Inc. for Breakout Growth

Virmmac, LLC Eyes NexPhase Lighting, Inc. for Breakout Growth
Virmmac, LLC, a Virtual IR, Marketing & Media Company, targets NexPhase Lighting, Inc. (subsidiary of

Onteco Corp.) - (otcqb:ONTC) as a 'Top Company to Watch' in the next four quarters for breakout growth.

NexPhase Lighting, Inc., a designer and developer of proprietary high quality LED (light-emitting diode)

lighting fixtures and control systems for commercial applications, is making unprecedented progress the

LED lighting market.

Over the last few months, President Jon Cooper has been leading NexPhase in answering the demand for

the company's American made LED lighting solutions and is quickly emerging as a top tier company in the

LED Lighting marketplace.

According to a *recent intellectual property 'Appraisal Services Report' from Pellegrino & Associates LLC

("Pellegrino") commissioned by NexPhase, the valuation of multiple patent pending NexPhase intellectual

property is estimated at approximately $17,200,000.

The key points contained in the Appraisal Services Report are as follows: "The valuation model indicates

the fair market value of the intellectual property at a 90% confidence level is between $6,820,229 and

$41,109,593, with a mean value of $19,710,311 and a median value of $17,216,091. Pellegrino used the

statistical median as its expected value, as it removes the impact of improbable outliers. Therefore, it is

the opinion of Pellegrino, based upon a reasonable degree of probability within the valuation profession,

that the fair market value of the intellectual property is $17,216,091 using the income approach to value."

*Footnote to above is located at http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7954352

March 31, 2011 10Q NexPhase recent success has prompted a search for a new facility to relocate the

corporate headquarters, main manufacturing and distribution facility to meet the demand of its future

business expansion plans.

NexPhase's most recent press release is the latest in a succession of exciting Company news that shows no

signs of slowing.

About NexPhase Lighting, Inc.

NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode)

lighting fixtures and control systems for commercial applications. It believes its products will be the lowest

cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products

incorporate its proprietary "NexSense Technology(TM)", which provides benefits well beyond the generally

acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique,

"patent pending" wireless protocol, which provides for an unsurpassed reduction in architecture and

infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and

ongoing operation costs

About Onteco Corporation

Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of

the most significant environmental challenges facing us today. Additionally, these solutions must show

promise of generating significant, ongoing profits for the company. The company determined that one

industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase

Lighting, Inc., in February 2011.