Lighting Science Group Hires John Bono to Expand and Capture Key Business Customers

SATELLITE BEACH, Fla., Nov. 16, 2010 /PRNewswire-FirstCall/ -- Lighting Science Group Corporation (OTC Bulletin Board: LSCG), a leading American maker of LED-based lighting, has hired John Bono to serve as its vice president for strategic accounts. Bono will play an integral role in the management of existing strategic accounts, and the pursuit of new strategic accounts.  He will report to Ted Russ, Lighting Science Group's chief business development officer.

Prior to joining Lighting Science Group, Bono worked for eight years at Acuity Brands Lighting where he was most recently the vice president of utility sales. He was responsible for sales management and utility sales to agencies servicing investor-owned utilities, rural electric co-operatives and municipal electric markets for American Electric Lighting, Dark to Light photocontrols, Holophane, and Remote Operations Asset Management. Prior to his most recent position with Acuity, he was responsible for launching the Strategic Account Management Program at Acuity for the utility market and serving as the program's director.

Bono started out at PECO Energy where he held various management positions during his twenty year tenure. He eventually came to the lighting arena with Exelon Infrastructure Services (EIS) as general manager of the outdoor lighting operations. He was named director of business development with EIS and served in that position until joining Acuity Brands in 2002.

"I'm confident that John's tremendous knowledge and experience in the lighting industry will have an immediate and positive impact on our business and make him strategic leader for the company," said Zach Gibler, chairman and chief executive officer of Lighting Science Group.

John resides in McDonough, GA with his wife and three sons. He currently serves as the vice chair of the Street and Area Lighting Committee for the Illuminating Engineer Society and will take the chairman's role in 2011.

About Lighting Science

Lighting Science Group Corporation (OTC Bulletin Board: 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 400 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 filings.  

SOURCE Lighting Science Group Corporation