Date Announced: 09 Apr 2012 San Jose, CA – SWITCH Lighting™, the first company to launch a full family of LED bulbs that replaces their 40W to 100W A lamp equivalents with true incandescent quality light, today announces the hiring of five new executive team members, as the LED bulb manufacturer transitions to a commercialization phase in 2012. With the highly-anticipated bulbs nearing production, SWITCH is announcing the following appointments:•Daniel Macsherry, Chief Financial Officer•Gary Rosenfield, Executive Vice President of Marketing & National Accounts•Bill Lenihan, Executive Vice President of Business Development•David Becker, National Sales Director, Retail & Hospitality •Sam Stark, Regional Sales Director, Commercial & IndustrialBrett Sharenow, former CFO and CSO, will transition to a new role as Chief Product Officer and Chief Administrative Officer. All appointments are effective immediately.“There are very few times in life when one can be a part of a project that changes history. Replacing the Edison bulb – a technology that has been around for over a century – is one of those times,” said Tracy Bilbrough, CEO of SWITCH. “Now that SWITCH is beginning to release our first bulbs, our company needs additional resources and leadership, and we have been fortunate to add some world class individuals to the team.” SWITCH’s latest announcement caps off an impressive last few months for the company. The SWITCH75, the only LED light bulb that makes no compromise on light quality, life, or how and where the bulb can be used, has garnered plenty of attention in the industry. Just months after being named a Consumer Electronics Show Innovations Honoree for the SWITCH75, SWITCH was included as an Edison Award Finalist alongside Fortune500 companies like IBM and Ford. Most recently, the SWITCH100, the first ever 100 watt-equivalent A lamp with 1600 lumen output and a radial flux equal to an incandescent, was launched for sale in commercial channels of distribution. SWITCH’s full family of LED bulbs, along with some additional new products, will be on display at LIGHTFAIR in Las Vegas from May 9th – 11th. About SWITCH Lighting:SWITCH Lighting™ is dedicated to innovative design and technologies that create cost-effective, long-lasting, energy-efficient LED lighting solutions for consumers and businesses. SWITCH Lighting is backed by VantagePoint Capital Partners and supported by Cradle to Cradle® writer and sustainability expert Bill McDonough. The company is privately held (incorporated as Switch Bulb Company, Inc.) and headquartered in San Jose, California. For the latest information about SWITCH Lighting and SWITCH products, please visit http://www.switchlightingco.com/. Follow us on Twitter at: www.twitter.com/switchlightbulb or like us on Facebook at: www.facebook.com/switchlightbulbs.About VantagePoint Capital Partners:VantagePoint Capital Partners is a global leader in financing and supporting transformative companies primarily focused on energy innovation and efficiency. With a best-in-class investment team of business and scientific experts, a broad network of corporate Strategic Partners, accomplished Senior Advisors, and more than $4 billion in committed capital, the Firm has the resources and talent to build important, industry-leading companies. Headquartered in Silicon Valley with offices in Hong Kong and Beijing, VantagePoint has active investments in over 70 companies, including award-winning leaders BrightSource Energy, Liquid Robotics, Genomatica, MiaSolé, SWITCH Lighting, Serious Energy, Bridgelux, Solazyme, Trilliant, Tendril and Better Place. For more information, visit www.vpcp.com.
Contact
Trafton Kenney Grayling Connecting Point for SWITCH Lighting 415.442.4027
E-mail:www.switchlightingco.com
Web Site:[email protected]
