Post your company / organization news
| USA: Lighting Science Group Launches Portfolio of LED Replacement Lamps with Unprecedented Performance
04
April
2008
Broadest Range of LED Lamps in the Industry Offer High-Performing, Energy Efficient, and Environmentally Safe Light Source
Lighting Science
Group (OTC Bulletin Board: LSCG) (LSG), a leading developer and
manufacturer of intelligent and energy-efficient light emitting diode (LED)
lighting solutions, has launched the industry's widest line of replacement
LED lamps for both commercial and residential lighting applications. The
simple, uniquely designed lamps offer unparalleled light output, matching
traditional technology at a fraction of the energy consumption.
The new line delivers unprecedented levels of energy efficiency, light
quality and output as compared with other options. The unique design
optimizes the lamp's thermal management, enabling a life of up to 50,000
hours (10-30 years). The lamps consume 80 percent less energy than
conventional lighting sources, while matching light output. The company is
initially targeting the estimated five billion Edison-based sockets in
North America.
LSG's new portfolio features the lighting industry's most extensive
range of LED lamps, consisting of six different styles of Edison-based
lamps in both cool and warm white and in narrow and wide beam
distributions.
"The unrivaled performance of our new LED lamps will significantly
reduce lifetime operating costs for customers," said Govi Rao, chief
executive officer of Lighting Science Group. "Our technological leadership
allows us to offer the most environmentally friendly solutions without
compromising performance."
LED options require $738.40 less in total spending than incandescent
bulbs and $72.49 less than compact fluorescent light bulbs
(productdose.com). By 2025, rapid adoption of LEDs in the United States
alone can eliminate a cumulative 258 million metric tons of carbon
emissions, save $115 billion in total electricity costs and avoid the
construction of 133 new power plants (Optoelectronics Industry Development
Association). Beyond energy savings, installing an LED lamp instead of a
fluorescent bulb can save approximately two to four tons of mercury from
being released into the atmosphere in the United States each year (Mercury
Policy Project).
LSG's products are 100 percent recyclable and contain no hazardous
materials such as mercury and lead. Through its EcoAdvantage initiative,
Lighting Science is advancing LED technology and efficiency standards by
developing innovative lighting solutions. The lamps can be used in various
functions and applications including track, spot, accent, vanity and
recessed lighting.
The new portfolio of Lighting Science Group's LED lamps will be
showcased at Light & Building in Frankfurt, Germany and available for
purchase on the company's Web site. The lamps will also be sold through
channel partners such as electrical distributors and energy-service
companies. For more information, please visit http://www.lsgc.com/.
About Lighting Science
Lighting Science Group Corporation (http://www.lsgc.com) designs and sells
highly energy efficient and environmentally friendly lighting solutions.
The Company's patented and patent-pending designs in power management,
thermal management, manufacturing processes and other areas seek to reduce
energy consumption while delivering environmental benefits and cost savings
to the end-user. The company designs and manufactures ready- to- use LED
lamps and luminaires, as well as provides customized lighting solutions for
architectural and artistic projects worldwide. Lighting Science has offices
in New York City, Sacramento, Satellite Beach, FL, Dallas, Tokyo and the
United Kingdom.
LED Holdings, a portfolio company of Pegasus Capital Advisors
(http://www.pcalp.com) holds a majority of the issued and outstanding shares of
Common Stock of Lighting Science Group Corporation. Pegasus Capital
Advisors is a private equity fund manager with offices in New York, New
York and Cos Cob, Connecticut. Founded in 1995, Pegasus provides capital to
middle market companies across a wide range of industries, with particular
focus on businesses that make a meaningful contribution to society by
positively affecting the environment, contributing to sustainability and
enabling healthy living.
Organization name: Lighting Science Group City: New York Country: USA
|