/ CORRECTION - IEE Names Lighting Science(R) to Top Ten LED Lamp List
SATELLITE BEACH, FL -- (Marketwire) -- 01/16/13 -- In the news
release, "IEE Names Lighting Science(R) to Top Ten LED Lamp List,"
issued January 15, 2013 by Lighting Science Group (OTCQB: LSCG), we
are advised by the company that Keith Scott's title in the sixth
paragraph should be "CCO" rather than "CEO" as originally issued.
Complete corrected text follows.
IEE Names Lighting Science(R) to Top Ten LED Lamp List
DEFINITY(TM) Ranks Amongst the Best PAR 30 Reflector Lamps on the
SATELLITE BEACH, FL -- January 15, 2013 -- Lighting Science Group
Corporation(R) (OTCQB: LSCG), one of the world's leading LED lighting
technology companies, announced today that its DEFINITY(TM) PAR30 LED
lamp has been recognized by the IEE, an Institute of the Edison
Foundation, as one of the TOP TEN best LED lamps. Using an innovative
approach that factors in energy efficiency, light quality, cost, and
consumer appeal, three energy efficiency leaders -- IEE, TopTen USA,
and Ecova -- teamed up to provide consumers with a list of the Top
Ten PAR 30 LED reflector light bulbs on the market today.
The study focused on LED PAR30 and PAR38 (parabolic aluminized
reflector) lamps because of their significant potential for energy
savings with consumers. With approximately 150 million incandescent
or halogen lamps in use in U.S. households, the potential energy
savings in switching to long-lasting LED reflector lamps is vast.
DEFINITY(TM) products from Lighting Science(R) are leading-edge LED
replacement lamps that deliver performance and affordability to
consumers. The advanced lamp line is a result of an LED system design
that encompasses efficient energy saving power supplies, unique
thermal solutions to foster exceptionally long lamp life and a
top-tier optical system that results in spectacular light quality.
"Our goal was to make it easy for consumers to find the best LED
reflector lamps," said IEE Executive Director Lisa Wood, "and by
best, we mean the most efficient, cost-effective, as well as
LED reflector lamps are typically 360 percent more energy efficient
than halogen reflector lamps. LED reflector lamps also offer a longer
operating life -- typically in excess of 30,000 hours versus 2,000
hours for a halogen lamp. And the light that LEDs cast can be just as
warm, focused, and dimmable. But with hundreds of LED products to
choose from, finding the best products is a challenge. Now, consumers
have a guide to the top performing LED lamps.
"We believe that our LED lamps are a significant advancement in the
science of light and key to a more efficient, sustainable and
brighter future," said Keith Scott, CCO of Lighting Science.
"Consumers want solutions that make their homes feel comfortable and
look even better. Our lamps enable our customers to achieve the best
lighting results available today."
Testing protocol and results are available in the full report,
Evaluation of Best-in-Class LED Reflector Lamps- January 2013, at:
For additional information on Lighting Science and DEFINITY(TM) LED
lamps, visit www.lsgc.com.
About Lighting Science
Lighting Science Group Corporation (OTCQB:
LSCG) designs, develops, manufactures and markets LED lighting
solutions that are environmentally friendlier and more energy
efficient than traditional lighting products. Lighting Science offers
retrofit LED lamps in form factors that match those of traditional
lamps or bulbs and LED luminaires designed for a range of
applications including public and private infrastructure for both
indoor and outdoor use. Headquartered in Satellite Beach, Florida,
the company employs approximately 800 people. Lighting Science is a
Pegasus Capital Advisors portfolio company. More information about
Lighting Science is available at: www.lsgc.com
IEE is an Institute of the Edison Foundation focused on
advancing the adoption of innovative and efficient technologies among
electric utilities and their technology partners that will transform
the power grid. IEE promotes the sharing of information, ideas, and
experiences among regulators, policymakers, technology companies,
thought leaders, and the electric power industry. IEE also identifies
policies that support the business case for adoption of
cost-effective technologies. IEE's members are committed to an
affordable, reliable, secure, and clean energy future. For more
information, please visit: www.edisonfoundation.net/iee
Ecova is the total energy and sustainability management
company whose sole purpose is to see more, save more, and sustain
more for its clients. Using insights based on consumption, cost and
carbon footprint data spanning thousands of utilities, hundreds of
thousands of business sites and millions of households, Ecova
provides fully managed, technology-optimized solutions for saving
resources, which in turn increase returns, lower risks, and enhance
About TopTen USA
TopTen is a nonprofit dedicated to helping
consumers find and buy the most energy-efficient products on the
market. It provides regularly updated rankings of common products.
For more information, please visit: www.toptenusa.org.
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 Lighting Science Group and its products
and/or use terminology such as "anticipate," "assume," "believe,"
"estimate," "expect," "goal," "intend," "plan," "project," "seek,"
"target," "soon," "will," "first of many" and variations of such
words and similar expressions. Such statements reflect the current
view of Lighting Science Group 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
Samantha Wood McLarty
Director of Marketing
Nancy M. Valent
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