Business News | Aug 06, 2007

LIGHTING SCIENCE GROUP ANNOUNCES JOINT PRODUCT DEVELOPMENT AND MARKETING ARRANGEMENT WITH EPILIGHT HOLDINGS Co. LIMITED

Hong Kong-Based EPILIGHT HOLDINGS Co. LIMITED has Agreed to a Multi-Year, Multi-Million Dollar Program for Developing LED Lighting Products for Asian and European Markets in Cooperation with Lighting Science Group.

Lighting Science Group Corporation, (OTCBB: LSGP) (LSG), a leading provider of energy efficient and environmentally responsible solid state lighting solutions (also referred to as LEDs), announced a multi-year, multi-million dollar product development and marketing arrangement with EPILIGHT HOLDINGS Co. LIMITED.

Under the terms of the arrangement, EPILIGHT HOLDINGS Co. LIMITED will purchase a minimum of US$2 million worth of LSG’s LED lighting products and technical supporting services. The companies will jointly develop products that will be marketed by EPILIGHT HOLDINGS Co. LIMITED’s sales force in Asia and Europe.

In addition, EPILIGHT HOLDINGS Co. LIMITED and associates operate manufacturing facilities in mainland China that will be used for the production of certain products that are a part of the arrangement. LSG will work cooperatively with EPILIGHT HOLDINGS Co. LIMITED to produce some of its products for worldwide distribution.

“This multi-year arrangement with EPILIGHT HOLDINGS Co. LIMITED is a demonstration of the growing global potential for our leading-edge, LED-based intellectual property. Additionally, this arrangement with EPILIGHT HOLDINGS Co. LIMITED will help secure LSG’s market leader position, and give our products a global footprint that encompasses key markets in Europe and Asia,” said Ron Lusk, chairman and chief executive officer of Lighting Science Group.

“We are confident that Lighting Science Group’s solid state lighting solutions will provide our customer base with products that are easy to install, significantly reduce electricity consumption and have a long lifespan that results in significant costs savings. We are very pleased to have an opportunity to open this exciting new market in collaboration with a leader in the solid state lighting field,” said Gary Chan, General Manager, EPILIGHT HOLDINGS Co. LIMITED.

About Lighting Science Group Corporation
Lighting Science Group Corporation (www.lsgc.com ) designs and sells highly energy efficient and environmentally friendly lighting solutions based on its proprietary Optimized Digital Lighting® (ODL®) technology. The Company's patented and patent-pending designs and manufacturing processes enable affordable, efficient and long lasting LED lighting systems to be quickly deployed in existing lighting applications and produce immediate cost savings and environmental benefits. Products include lowbay fixtures for parking garages and industrial facilities, MR-16, R30, R25, R20, R16 (elevator light), G11, G25, S6, candelabra and flame tip bulbs which can be purchased at http://store.lsgc.com .

Add comment

You can add a comment by filling out the form below. Plain text formatting. Comments are moderated.

Question: What is 1 + 3 ?
Your answer:
FEATURED

Providing Simple Management for Smart Lighting Worldwide

Providing Simple Management for Smart Lighting Worldwide Samsung has begun offering Smart Service, S App, that allow users to control and monitor the lights easily. With S App, users can easily install, control and manage Samsung’s Smart Devices. Once the homeowner or bulling systems manager successfully installs Smart Devices and connects to the ... Read more »

FEATURED

Stray Light Correction for Array Spectroradiometers

Stray Light Correction for Array Spectroradiometers The core competency of Instrument Systems is providing high performance array spectroradiometers, e.g. the CAS 140D that features highest measurement accuracy and reliability. Quality and accuracy of a spectrometer are extremely important because all radiometric, photometric and colorimetric ... Read more »

FEATURED

Enabling Complete Control of Smart Lighting Anywhere

Enabling Complete Control of Smart Lighting Anywhere Samsung’s Smart Device is comprised of smart lighting controllers that support wireless connectivity within any major smart lighting system. It includes Smart Lighting Module (SLM), Smart Sensor Module (SSM), Smart Control Module (SCM) and Smart Bridge Module (SBM). The Smart Devices adapt to light ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel