Jonathan Lansky's questions to LEGEND POWER SYSTEMS (LPSIF) leadership • Q1 2025
Question
Jonathan Lansky of Sophic Capital Inc. inquired about the increasing prevalence of power quality issues among potential customers and whether this trend, combined with the company's new voltage adherence risk rating tool, could lead to a shorter sales cycle.
Answer
Mike Cioce, VP of Sales and Marketing, confirmed a growing awareness of 'dirty power' issues. He explained that the new voltage adherence risk rating tool quantifies the problem for customers, shifting the conversation to risk mitigation and accelerating deal closures, citing a recent deal that closed in just three weeks. CEO Randall Buchamer added that this approach creates urgency by highlighting the impact on tenants and operations, such as reducing elevator entrapments, making the financial case more compelling and shortening the sales cycle.