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  • | 7:32 a.m. August 2, 2013
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Evolucia Inc. has been through almost too many changes to keep track of — a new name, a new product line, a new CEO, a new global business strategy and, most recently, a new headquarters.

“It's a completely new company,” says Mel Interiano, named CEO of Sarasota-based Evolucia in April 2012, just before the company officially changed its name from Sunovia Energy Technologies.

Interiano, who previously worked for Osram Sylvania, a Siemens company, is the third CEO the company has had since August 2010. Those three years, and a stretch before that, have been a financial struggle for the publicly traded company. For one, Evolucia posted a loss of $6.2 million on revenues of $2.7 million in 2012, according to public filings. From July 2009 to the end of 2011, the company lost $26.7 million.

 

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