Date Announced: 18 May 2009 -- TerraLUX announced that Jim Miller, formerly Vice President Sales with Philips Lumileds, will augment the strong TerraLUX management team as President and CEO. Founder Dr. Anthony Catalano will continue in a full time capacity as a Director and Chief Scientist. BOULDER, Colorado -- In joining TerraLUX as CEO and President, Jim Miller brings expertise in building high technology companies from early stage to market place leadership in just a few years. When TerraLUX closed an investment with Access Venture Partners in February this year, part of the plan was to build on the solid core management team by adding world class executive talent to accelerate the company’s growth in the portable and general lighting markets. “Recruiting a leader like Jim Miller, speaks volumes about the strength of the TerraLUX technology base and the team he will be leading”, said David Gold from Access Venture Partners.According to TerraLUX founder, Anthony Catalano, “Jim’s track record in the LED industry with Phillips Lumileds and other high tech companies makes him the perfect match to bring TerraLUX to leadership in solid state lighting. TerraLUX InSide has become a standard in quality and performance for LED Light Engines in the portable markets; our next target is the general lighting industry and Jim will lead us there.”TerraLUX was founded five years ago to focus strictly on the application of Solid State Lighting devices for the lighting markets. It had initial successes with LED replacements for portable and low voltage applications including four patent awards and nationwide channels for its LED upgrade kits, work lights and flashlights. Over a year ago TerraLUX began building upon this expertise to enter the general lighting market with AC lighting products that were also successful in specialty lighting and in architectural lighting arenas. TerraLUX is an official marketing partner with top LED manufacturers including Philips Lumileds via the Future Lighting Solutions Network and with Cree as a Cree LED Solution Provider.“The tremendous demand for LED lighting in the USA is not being met today in quality, performance or efficiency by current providers. TerraLUX is accelerating its plan to capitalize upon this situation by providing a new breed of OEM LED light engines for the general lighting industry. These core modules are built upon proven expertise in thermal, electrical, optical and mechanical design coupled with high quality off-shore manufacturing. TerraLUX is committed to establishing the confidence that solid state lighting deserves and delivering a Return-On-Investment that will grow the new LED markets,” said Carl Kalin, Vice-President of Sales and Marketing. About TerraLUX Inc.TerraLUX Inc. invents, designs, patents, manufactures and distributes innovative high power LED OEM solutions for general lighting plus industrial, commercial, medical and retail markets. TerraLUX LED light engines are used in architectural lighting to replace MR-16, MR-11, PAR, T10 and compact fluorescent lamps. TerraLUX makes LED light engines to replace incandescent bulbs in the most popular flashlights and lighting tools on the market. In the industrial and commercial markets, TerraLUX WorkStar series of rechargeable work lights are sold nationwide to professionals, technicians and serious Do-It-Yourself enthusiasts. In the medical and dental markets, TerraLUX makes portable LED headlamps for surgeons plus portable UV lighting. TerraLUX does design and testing in Boulder, Colorado and utilizes Asian manufacturing for high volume production work. About Access Venture PartnersAccess Venture Partners is a seed and early stage venture capital fund with offices in Denver and Austin. The Fund invests in businesses in the Clean Technology, SaaS, SaaS Infrastructure, Data Integrity and New Media sectors that have exceptional management teams with the passion to build world class organizations that can redefine markets – and maybe even change the world.
Contact
Carl Kalin VP, Marketing and Sales TerraLUX Inc. (866) 498-1564
E-mail:[email protected]
Web Site:www.terraluxcorp.com
