Aston Capital Forms LightCap I Fund to Finance LED Purchases and Installations

  Aston Capital Forms LightCap I Fund to Finance LED Purchases and
  Installations

            LightCap I Fund Targets $50 Million in Initial Funding

Business Wire

STAMFORD, Conn. -- July 15, 2013

Aston Capital, a limited partnership private equity firm, today announced the
formation of LightCap I Fund to finance LED lighting purchases and
installations for Revolution Lighting Technologies (NASDAQ: RVLT) (“Revolution
Lighting”) customers.

LightCap I Fund will now offer Revolution Lighting customers with flexible,
customized and turnkey financing solutions that will allow them to invest in
LED lighting projects and benefit from the significant savings in energy and
related costs without any initial investment. The financing will generally
cover all LED product purchases and associated costs, including amortization,
and enable Revolution Lighting customers to retain a significant portion of
the annual savings from day one.

“Commercial, industrial, municipal and university customers are recognizing
the significant financial savings that can be realized from the transition to
solid state LED sources,” said Robert V. LaPenta, Founder, Chairman and CEO of
Aston Capital. “We are creating LightCap I Fund to provide Revolution Lighting
customers with the necessary capital to purchase and install LED products, a
challenge that has historically kept certain customers out of the LED market.
Now, they will be able to make the proven transition and quickly benefit from
the financial return on their LED investment.”

LaPenta concluded, “LightCap I Fund will be funded by Aston Capital as well as
other investors that are interested in investing in LED lighting projects. We
look forward to putting our capital to work and partnering with outside
investors to fund LED projects that will deliver positive financial and
environmental returns.”

“This fund offers an innovative financing solution that will open up an
enormous amount of market opportunities, helping to accelerate customer
decisions to move forward with LED projects that will significantly reduce
their energy use and costs,” said Charles J. Schafer, President and Chief
Financial Officer of Revolution Lighting Technologies. “In addition, it will
reduce energy and maintenance expenses that will allow Revolution Lighting
customers to reinvest in other aspects of their operations and improve not
only their energy efficiency, but their overall business for the long term. We
are confident that LightCap I Fund will be the factor needed to move the
needle in the next phase of commercial LED adoption and integration.”

During the second quarter of 2013, LightCap I Fund provided approximately $4
million of funding for LED projects. Under the arrangements, Revolution
Lighting was paid for the LED products through financing agreements between
LightCap I and the customers who will pay back LightCap I over defined periods
through a percentage of the energy and associated cost savings. Other than its
normal warranty on LED products, Revolution Lighting has no direct or indirect
obligation to the Fund or its customers.

About Aston Capital

Aston Capital is a private equity firm focused on investing in growth areas,
primarily technology and government based markets. LightCap I Fund is Aston’s
structured finance fund providing transaction financing for clients
principally in the LED lighting sector. The targeted initial amount of $50
million is expected to come from both internal and external sources of
capital.

About Revolution Lighting Technologies Inc.

Revolution Lighting Technologies, Inc. is a leader in the design, manufacture,
marketing, and sale of light emitting diode (LED) lighting solutions focusing
on the industrial, commercial and government markets in the United States,
Canada, and internationally. Through advanced technology and aggressive new
product development, Revolution Lighting has created an innovative,
multi-brand, lighting company that offers a comprehensive advanced product
platform. The company goes to market through its Seesmart brand, which
designs, engineers and manufactures an extensive line of high-quality interior
and exterior LED lamps and fixtures; Lighting Integration Technologies Inc.,
which sells and installs Seesmart products; and Lumificient, which supplies
LED illumination for the signage industry. Revolution Lighting Technologies
markets and distributes its product through a network of independent sales
representatives and distributors, as well as through energy savings companies
and national accounts. Revolution Lighting Technologies trades on the NASDAQ
under the ticker RVLT. For additional information, please visit:
www.rvlti.com.

Contact:

ICR
Anton Nicholas / Cory Ziskind, 203-682-8200
Anton.Nicholas@icrinc.com / Cory.Ziskind@icrinc.com