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 + 5 ?
Your answer:
FEATURED

Accredited Quality for Colorimetric Quantities

Accredited Quality for Colorimetric Quantities Since 2009 Instrument Systems has received accreditation to DIN EN ISO / IEC 17025 for photometric tests and now offers its certified measurement solutions with the flexible scope of application of Category III. Read more »

FEATURED

Smart Control with GRE’s Dimming Modules

Smart Control with GRE’s Dimming Modules Smart and sustainable technologies have been on the forefront at the international lighting events. With the advance of smart devices and return on investment requirements, the smart building is widely becoming the new standard building model. Read more »

FEATURED

Light is the Efficiency Booster

Light is the Efficiency Booster In order to cut costs while providing high-quality light, many luminaire manufacturers today rely on robust LED components and intelligent control technology from OSRAM. Our future-proof lighting systems reduce the power consumption as well as the maintenance effort. Read more »

FEATURED

A.A.G. Stucchi Presents New IP66/68 Connectors

A.A.G. Stucchi Presents New IP66/68 Connectors A.A.G. Stucchi, an Italian company and leader in the lighting components industry, is ready to present 2 new series of IP66/68 connections: 3800 series of mini connectors and 610 series of distributors. The two product series have their very compact design in common. 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