CLK Properties Adopting Green Ballast Daylight Harvesting Fluorescent Light Ballasts

 CLK Properties Adopting Green Ballast Daylight Harvesting Fluorescent Light
                                   Ballasts

PR Newswire

MEMPHIS, Tenn., Sept. 10, 2013

MEMPHIS, Tenn., Sept. 10, 2013 /PRNewswire/ --Green Ballast Inc., (OTC BB:
GBLL) announced today that CLK Properties, which owns over 135 commercial
buildings in 43 cities,is installing Green Ballast Inc.'s (GBI) patented
daylight harvesting fluorescent light ballast in a number of its office
buildings. The lighting upgrade will reduce electric lighting usage in the
facilities by an average of 42% per year, with CLK receiving a payback on its
investment in less than 1.1 years for fixtures which have a 10 year life
expectancy.

"Being an owner and operator of major office buildings, we are always looking
for ways to make our buildings more efficient for our tenants. We see many
energy efficient initiatives every day, but many do not make economic sense,"
said Craig Koenigsberg, CEO of CLK Properties. "Green Ballast met all our
financial criteria by offering an overall energy solution, with significant
energy savings, in a cost effective manner and with an attractive return on
investment."

"We are excited about working with CLK throughout its real estate portfolio,
making the buildings more efficient from a lighting perspective, said Kevin
Adams, chief executive officer of Green Ballast. "In today's real estate
environment, owners, operators and tenants of office buildings are looking for
ways to increase operating efficiencies. By implementing GBI's lighting
solutions, operating costs are reduced, positively impacting both the owner
and the tenants."

About CLK Properties

Founded in 1980 by Maynard Koenigsberg and his son Craig, CLKhas grown from a
reputable owner/operator of New York City apartment buildings into one of the
largest, well respected privately held companies in the national multifamily
and commercial real estate industries. With a combined 75 years' experience in
the industry, the Koenigsbergs have amassed a diverse portfolio of apartment,
office and light industrial properties nationwide. With over 135 buildings in
43 cities, consisting of over 24,000 residential units, and over 4 million
square feet of commercial property, CLK continues its quest to acquire
properties in target markets, while always evaluating potential new markets to
broaden its reach across the nation.

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: Investor & Press Contact: Paul G. Henning, Cameron Associates, (212)
554-5462, Paul@cameronassoc.com; or Company Contact: J. Philip Jones, Green
Ballast, (901) 260-4422
 
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