Lighting Science Group Holds Successful LED Suppliers Summit
80 Lighting Vendors Attend First Annual LED Summit
SATELLITE BEACH, Fla., Jan. 18, 2011 /PRNewswire/ -- LED lighting suppliers from around the world came to Satellite Beach, Florida last week to forge a closer relationship with America's leading maker of LED-based lighting, Lighting Science Group Corporation (OTC Bulletin Board: LSCG). The summit was held to directly connect key Lighting Science Group executives with their supplier counterparts in order to strengthen the American company's manufacturing supply chain.
"During the last year we have seen dramatic growth in our business and we could not have accomplished this without our strategic supplier relationships," said John Stanley, chief operating officer of Lighting Science Group. "As we move forward into 2011 and the coming years, we will continue to strengthen and develop these relationships and our Annual Vendor Summit is a key part of that relationship development process. This was a great opportunity for the Company and our vendors to build partnerships that will revolutionize the way the world experiences light."
From the International Space Station to the Times Square Ball to other projects in major cities across the world and now in homes, Lighting Science Group's LED solutions are increasing energy independence and saving consumers, businesses and governments significant amounts of money. In fact, the Company's products are so state-of-the-art, they are the NASA partner to develop cutting-edge lighting technologies for use in space exploration; they recently received the industry's first ENERGY STAR label for an LED light bulb; and now they have over three times the number of ENERGY STAR approved bulbs than their closest competitor.
For more information about Lighting Science Group's LED lighting solutions, visit www.lsgc.com.
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.
SOURCE Lighting Science Group Corporation
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