Lighting Science Group Founder Issues Statement After Being Recognized as a National "Champion of Change" from White House

SATELLITE BEACH, Fla., May 2, 2011 /PRNewswire/ -- After being selected by the White House as a "Champion of Change," an award associated with President Obama's "Winning the Future" initiative, Lighting Science Group Corporation (OTCBB: LSCG) Founder and Chief Technology Officer Fred Maxik issued the following statement:

"It is both an honor and pleasure to be featured alongside a group of American individuals, businesses and organizations working diligently in their respective science and technology fields to embody the 'Innovate, Educate, Build' approach to business and life. Pushing the boundaries of science and technology in a way that benefits the collective good represents not only the potential of the human mind, but the integrity of the American spirit. And when many are wondering for the first time whether our Nation's economic and environmental future will be better than its past, the gravitas of this distinction is not lost on me."

"I founded Lighting Science Group with one core belief; namely, anything is possible when ingenuity meets a sustained commitment to environmental and energy sensitivities. That's the promise of Lighting Science Group and one we strive to keep in all that we do—from instituting sustainable procurement practices to designing and offering American consumers lighting solutions that benefit individual households and businesses' bottom lines, while simultaneously boosting the aggregate vitality of our country's environmental and economic health."

"And I say 'we,' deliberately. I would not have been selected for this award without the support of Lighting Science Group's tremendous customer and vendor partners and our own world-class employees. Everyday Lighting Science Group's incredibly talented and dynamic team works to revolutionize the science of lighting. Together, we constitute both a company, and a frame of mind that challenges us to rethink the how we view our world, both literally and figuratively. Everyone can adopt that mindset, and by retrofitting our homes and businesses with ultra-efficient, environmentally friendly LED bulbs and fixtures, every American citizen can be a "Champion of Change" in a way that truly makes a difference for self and society."

About Lighting Science Group

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's Advanced Projects Group 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 employs approximately 600 workers building 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 Statement. 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.  These statements include, but are not limited to, statements concerning the performance of LSCG and its products and/or use terminology such as "anticipate," "assume," "believe," "estimate," "expect," "goal," "intend," "plan," "project," "seek," "target" and variations of such words and similar expressions.  Such statements reflect the current view of LSCG 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 these statements.  In evaluating these statements, you should carefully review the risk factors detailed under "Risk Factors" in our most recent filings with the Securities and Exchange Commission that may cause our actual results to differ materially from these forward-looking statements.  

SOURCE Lighting Science Group Corporation