Talcott Realty Adopting Green Ballast Daylight Harvesting Fluorescent Light Ballasts

 Talcott Realty Adopting Green Ballast Daylight Harvesting Fluorescent Light

PR Newswire

MEMPHIS, Tenn., April 11, 2013

MEMPHIS, Tenn., April 11, 2013 /PRNewswire/ -- Green Ballast Inc. (OTCBB:
GBLL) announced today that Talcott Realty, a Real Estate Investment Trust
(REIT) with Class A properties across the United States, is implementing a
lighting retrofit equipped with Green Ballast's patented daylight harvesting
fluorescent light ballasts for the 420,000 square foot Thousand Oaks office
park in Memphis, Tennessee, which is managed and leased by CB Richard Ellis

"Being an investor and operator of institutional grade real estate, our
performance is measured by maximizing investment returns, which includes the
generation of property level cash flows," said Michael Mihalek, Senior Vice
President and Partner of Talcott Realty. "Thousand Oaks is a three building
office campus in Memphis, Tennessee. By working with Green Ballast on a
complete lighting upgrade and implementing their daylight harvesting
technology, we expect to save approximately 45% in our lighting utility
costs. In addition, due to the improved operating efficiencies, we estimate
the properties' asset value will increase significantly."

"In today's real estate environment, owners, operators and tenants of office
buildings are looking for ways to increase operating efficiencies. By
implementing Green Ballast's lighting solutions, operating costs are reduced,
positively impacting both the owner as net operating income increases and the
tenants who may be subject to the pass through of rising utility costs," said
J. Kevin Adams, chief executive officer of Green Ballast.

About Green Ballast

Green Ballast Inc., an energy solutions company, headquartered in Memphis,
Tennessee, is an innovator, developer and marketer of energy efficient
electronic ballasts for fluorescent fixtures in the commercial lighting
industry. Green Ballast's patented daylight harvesting ballast technology
utilizes an individual photo sensor that measures the amount of ambient
daylight to reduce the amount of electrical current flowing to a light fixture
thereby reducing lighting energy costs. Green Ballast's products are deployed
during retrofit upgrades, new construction and remodeling work. Customers
include electrical lighting product distributors, energy service companies,
original equipment manufacturers, and real estate developers and managers who
own and lease commercial real estate. To learn more about Green Ballast,
please visit our website at www.greenballastinc.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements for Green Ballast reflect current expectations, as of the date of
this press release, and involve certain risks and uncertainties. Forward
looking statements include statements herein with respect to the company's
successful execution of its business strategy. Actual results could differ
materially from those anticipated in these forward- looking statements as a
result of various factors. Factors that could cause future results to
materially differ from the recent results are described in form S-1 filed with
the Securities and Exchange Commission on April 12, 2012.

SOURCE Green Ballast Inc.

Website: http://www.greenballastinc.com
Contact: Paul G. Henning, Cameron Associates, (212) 554-5462,
Paul@cameronassoc.com, or William Bethell, CFO, Green Ballast, (901) 260-4410,
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