Albeo announces record year, triples LED lighting manufacturing space

Date Announced: 11 Jan 2010

-- C-Series LED high bay, T8LED troffer, and GarageLED fixture volume driving expansion

Boulder, CO -- Albeo Technologies, an award winning LED lighting manufacturer, delivered record 2009 revenues with over 37% year-over-year growth and an exceptional increase in December shipments of over 250%. In Q4 2009, Albeo also tripled their manufacturing space into two buildings at their Sterling Circle location in Boulder and added new manufacturing jobs. The company attributes their success to delivering innovative, high quality, long lasting, solid-state lighting products that outperform traditional fluorescent and HID lighting solutions at competitive prices.

“Tripling our manufacturing space was a critical step in providing the capacity to fulfill thousand piece orders. Our new LED Troffer production line more than doubled throughput and the new C-Series high bay production line will provide similar improvements,” said Jim Van Hove Albeo’s director of manufacturing. “Our supply chain and manufacturing processes have been scaled, and support large scale deployments.”

“We are seeing widespread interest in LED lighting. The hottest markets are schools and universities, manufacturing infrastructure lighting retrofits, and new green built datacenters” said Neil Cannon EVP of business development at Albeo. “Lighting customers are quickly learning that LED lighting provides real benefits in reducing operating costs.”

Albeo Technologies, Inc. manufactures high quality, long-lasting LED lighting products for commercial and industrial facilities. Albeo’s products include: Atmosphere™, Brilliance™, and Talea™ LED Lighting solutions for cove, display, and task lighting, SecurityLED™ fixtures for high-abuse applications such as transit, correctional, and institutional facilities, Albeo’s award winning C-Series LED light fixtures for general lighting, plus T8LED Conversion Kits and Troffers for office and school lighting applications. Details for the entire product line are available on Albeo's website at www.albeotech.com.

Contact
Jason Korbelik Albeo Technologies, Inc. 3125 Sterling Circle, Suite 105 Boulder, CO 80301 Phone: 720.407.4960 jkorbelik@albeotech.com

E-mail:info@albeotech.com

Web Site:www.albeotech.com

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