Lighting Science Group Added 465 U.S. Jobs Last Year; to Hire More at Orlando Job Fair
SATELLITE BEACH, Fla., Feb. 28, 2011 /PRNewswire/ -- Fast growing Lighting Science Group Corporation (OTC Bulletin Board: LSCG), a leading American maker of LED lighting, is looking to hire more employees at the Orlando Sentinel job fair. The Orlando Sentinel Engineering, Technology & Security Clearance Career Expo will be held at the Crowne Plaza Airport in Orlando today (February 28, 2011) from 10 a.m. to 3 p.m.
"We have some of the most advanced and affordable LED lighting products in the world and that's made possible because of our world-class team of U.S.-based employees," said Rich Weinberg, chairman and chief executive officer of Lighting Science Group. "The Company has seen rapid sales growth over the past year, which means we are continuing to look for talented individuals to help us meet growing customer demand."
For years, high-output and low-cost LED lighting products have been just out of reach, but Lighting Science Group has revolutionized the science of light in America to produce lighting products that deliver on the promise of LED technology. From the International Space Station to the Times Square Ball to other projects in major cities across the world and now in homes, the Company's LED solutions are increasing energy independence and expected to save consumers, businesses and governments significant amounts of money.
Last year, Lighting Science Group became the first U.S. company to domestically manufacture 1 million LED bulbs in less than a year (approximately 6 months). These 1 million bulbs are expected to save Americans approximately $17 million in electricity cost or over 140,000,000 kilowatt hours over the course of a year, which equals the: annual greenhouse gas emissions from over 19,000 passenger vehicles or the CO2 emissions from the electricity use of over 12,216 homes for one year.
For more information on Lighting Science Group, please visit www.lsgc.com.
About Lighting Science
Lighting Science Group Corporation (OTCBB: LSCG) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. Lighting Science Group offers retrofit LED lamps in form factors that match the form factor of traditional lamps or bulbs and LED luminaires for a range of applications including public and private infrastructure for both indoor and outdoor applications. Lighting Science Group Design Works business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. Lighting Science Group is headquartered in Satellite Beach, Florida; the Company's European operations are based in Goes, The Netherlands; and, the Company has a sales office in Sydney, Australia. Lighting Science Group has over 450 workers in its Satellite Beach, Florida manufacturing facility that build lighting products from domestic and imported parts. Lighting Science Group is a Pegasus Capital Advisors portfolio company. More information about Lighting Science Group is available at www.lsgc.com.
Forward Looking Statements Certain statements in this press release may constitute "forward-looking statements" made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The statements include, but are not limited to statements regarding the performance of LSG and the performance of LSG's products using terminology such as "will," "should," "would," "could," "expect," "intend," "plan," "anticipate," or "believe." Such statements reflect the current view of LSG with respect to future events and are subject to certain risks, uncertainties and assumptions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. Readers should carefully review the risk factors detailed under "Risk Factors" in our most recent Form 10-K and subsequent Form 10-Qs on file with the Securities and Exchange Commission.
SOURCE Lighting Science Group Corporation
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