Date Announced: 11 May 2010 Satellite Beach, Florida, May 11, 2010 – Continuing it’s campaign to democratize ultra-efficient LED lighting, Lighting Science Group will unveil at LightFair International 2010 an affordable breakthrough in commercial lighting technology—Factor 4. Built in the USA, the highly efficient 7x7x3 inch form factor is a quarter of the size and weight (8 lbs.) of conventional lighting products. Truly a breakthrough in sustainable lighting design, the Factor 4 luminaire is 75% more efficient than conventional lighting technology while providing equivalent light output. Furthermore, with optional built-in WiFi/mesh network capability, Factor 4 luminaires can be constantly monitored and controlled using a central network—saving maintenance time and energy cost. Today’s announcement comes on the heels of the Lighting Science Group’s successful launch of a breakthrough line of high quality, affordable retrofit LED lamps with a suggested retail price starting below $20.“We believe that the Factor 4 luminaire sets a new standard for high-performance and sustainable lighting that Americans can afford,” said Zach Gibler, Chief Executive Officer, Lighting Science Group. “The ultra-efficient, yet compact, Factor 4 luminaire has the potential to save Americans hundreds of dollars in maintenance, replacement, and energy costs. At Lighting Science Group, we are continuing to push the boundaries of what is possible using LED technology to bring to market high quality, yet affordable, lighting solutions.” To ensure performance and reliability, the Factor 4 luminaire will be tested by an independent laboratory approved by the U.S. Department of Energy’s CALiPER program. Factor 4 luminaires will be available in the second half of 2010 through lighting distributors and directly from Lighting Science Group. To see the new Lighting Science Factor 4 luminaire, visit booth # 2335 at LightFair International 2010, May 12-14 in Las Vegas, Nevada.About Lighting Science Lighting Science Group Corporation (LSCG.PK) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. LSG offers retrofit LED lamps in form factors that match the form factor of traditional lamps or bulbs and LED luminaires for a range of applications including public and private infrastructure for both indoor and outdoor applications. LSG’s Custom Solutions business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. LSG is headquartered in Satellite Beach, Florida; LSG’s Custom Solutions business unit is based in Rancho Cordova, California; LSG’s European operations are based in Goes, The Netherlands; and, LSG has sales offices in Tokyo, Japan, Buckinghamshire, England and Sydney, Australia. LSG has over 200 workers in its Satellite Beach, Florida manufacturing facility building lighting products from domestic and imported parts. LSG is a Pegasus Capital Advisors portfolio company. More information about LSG is available at www.lsgc.com.Be sure to visit Lighting Science Group at LightFair International 2010—Booth # 2335 Forward Looking Statements Certain statements in this press release may constitute “forward-looking statements” made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The statements include, but are not limited to statements regarding the performance of LSG and the performance of LSG’s products using terminology such as “development,” “well positioned,” “leading,” “breakthrough,” “advance,” “success,” “will,” “should,” “expected,” “best in class,” “unparalleled,” “would,” “could,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “potential,” “opportunity,” “greater,” “preparing,” “excellent” or “extensive.” Such statements reflect the current view of LSG with respect to future events and are subject to certain risks, uncertainties and assumptions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. Readers should carefully review the risk factors detailed under “Risk Factors” in our Form 10-K’s, Form 10-Q’s and other Securities and Exchange Commission filings. # # #
Contact
Andy Beck MWW Group 202-585-2288 [email protected]
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Web Site:www.lsgc.com
