COO Philip G. Styles Promoted to President and CEO of Vu1 Corporation

SEATTLE, Oct. 5 /PRNewswire/ -- Vu1 Corporation (OTC Bulletin Board: VUOC), a developer and manufacturer of mercury-free, energy-efficient, general illumination lighting technology, today announced that its Chief Operating Officer, Philip G. Styles, has been appointed as President and Chief Executive Officer, effective immediately. Former CEO R. Gale Sellers will continue to serve on Vu1's Board of Directors.  

"I would like to thank Gale and Phil for their many contributions in bringing Vu1 to this important stage in its evolution; namely at the point of commercialization of Vu1's unique ESL lighting technology. We look forward to Gale's continued contributions as a member of the Board and Phil's in his new role as President and CEO," commented Duncan Troy, Chairman. "Phil's deep and diverse corporate, operational and leadership experience, coupled with his proven commitment and ability to deliver results, make him the right person to lead Vu1 at this critical stage in the company's development. This is an exciting time for all of Vu1's stakeholders; all the hard work and investment to date is now coming to fruition as we look to begin initial manufacturing this quarter and full scale manufacturing in 2011."

"I'm excited at the opportunities ahead of us at Vu1 and I would like to thank the Board for its recognition of my contributions to date," commented Philip G. Styles, President and Chief Executive Officer. "I look forward to working with the Board, the rest of the management team and Vu1's world-class development and manufacturing team to deliver on the amazing potential of Vu1's ESL lighting technology and to meet consumers' desire for a better lighting alternative."

The Company also announced its decision to relocate its corporate offices to the New York area, commencing November 2010. As a result of its ongoing conversations with channel development partners and a number of major wholesale and retail electrical distributors and utilities, many of which are headquartered on the East Coast, the Company believes it will be advantageous to be located closer to this key customer base.  

Vu1's R30 ESL™ bulb is a direct replacement for the 65W incandescent flood bulb. It is virtually indistinguishable from the traditional incandescent lamp it replaces and, unlike compact fluorescent lamps (CFLs), is mercury-free.  The Company's ESL™ Lighting Technology uses accelerated electrons to stimulate phosphor to create light, making the surface of the bulb "glow," providing natural light quality, energy efficiency and a long bulb life of 10,000 hours.

About Vu1 Corporation

Vu1 Corporation is dedicated to applying its technology to produce energy efficient, environmentally-friendly lighting solutions worldwide. Vu1 has developed a new, energy efficient light bulb to provide the consumer market with the first affordable, non-toxic light bulb with features consumers are demanding and not receiving from existing products. More information about Vu1 is available at: www.Vu1.com.

For product enquires please contact [email protected] .

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release includes forward-looking statements including, but not limited to, our ability to obtain the necessary funding required for our operations, the future demonstration and commercial availability of our light bulb, independent testing laboratories certification results, timing for bulb production, manufacturing capability of our facility, future interest of channel partners and distributors, our strategic planning and business development plans, future applications of the technology, the viability, pricing and acceptance of our products in the market.. These forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those described in the forward-looking statements. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend"  and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, as well as the risks and other factors set forth in our periodic filings with the U.S. Securities and Exchange Commission (including our Form 10-K for the year ended December 31, 2009 and our other periodic reports as filed from time to time).

SOURCE Vu1 Corporation

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