Nexxus Lighting Becomes Revolution Lighting Technologies
New name reflects our vision and commitment to lead in the global lighting
New NASDAQ Ticker Symbol: RVLT
CHARLOTTE, N.C., Nov. 14, 2012
CHARLOTTE, N.C., Nov. 14, 2012 /PRNewswire/ --Nexxus Lighting, Inc. (NASDAQ
Capital Market: NEXS) today announced that the Company has changed its name to
Revolution Lighting Technologies, Inc. Effective Thursday, November 15, 2012,
the Company's new stock symbol will be NASDAQ Capital Market: RVLT.
"There is a revolution taking place in the lighting industry and our new name
reflects our vision to provide cutting edge products, service and distribution
to strongly position the Company as a major force in serving the needs of this
very large and growing market," commented Robert V. LaPenta, Founder of Aston
Capital and Board Chairman of Revolution Lighting Technologies. "We are
entering an era of unprecedented change in the way we light our homes and
businesses. New energy efficient LED lighting systems and control
technologies are transforming the lighting industry. By 2020, 70% of the
lighting market is forecasted to be products with LEDs as their light source
with a worldwide market approaching $85 billion. Our goal for Revolution
Lighting Technologies is to be a leader in that movement and offer complete
and comprehensive lighting solutions to meet this growing demand," remarks
Mr. LaPenta added, "The name change to Revolution Lighting Technologies, Inc.
reflects our view of the dynamic changes impacting the lighting industry and
our commitment to establish our company as a leader in high performance LED
lighting solutions focusing on the industrial, commercial and government
For more information, please visit the new Revolution Lighting Technologies,
Inc. web site at www.rvlti.com
Certain of the above statements contained in this press release are
forward-looking statements that involve a number of risks and uncertainties.
Such forward-looking statements are within the meaning of that term in Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Reference is made to Revolution Lighting Technologies' filings
under the Securities Exchange Act for factors that could cause actual results
to differ materially. Revolution Lighting Technologies undertakes no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise. Readers
are cautioned that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and that actual
results may differ materially from those indicated in the forward-looking
statements as a result of various factors. Readers are cautioned not to place
undue reliance on these forward-looking statements.
SOURCE Nexxus Lighting, Inc.
Contact: Gary Langford, Chief Financial Officer, Revolution Lighting
Technologies, Inc., +1-704 405-0416
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