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Revolution Lighting Technologies Acquires Portfolio of LED Products from CMG Energy Solutions

  Revolution Lighting Technologies Acquires Portfolio of LED Products from CMG
  Energy Solutions

 Transaction Broadens Product Portfolio and Strengthens Distribution Network

Business Wire

STAMFORD, Conn. -- October 7, 2013

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”),
a leader in advanced LED lighting technology, today announced it has acquired
a portfolio of general illumination LED lighting products, including several
product lines from CMG Energy Solutions (“CMG”).

Under the terms of the agreement, Revolution Lighting acquired CMG’s Energy
Star-listed architectural, PAR lamps and spotlights for indoor commercial
applications. CMG’s LED products will be rebranded under Seesmart, Revolution
Lighting’s brand for indoor LED applications.

“In acquiring this portfolio of CMG’s Energy Star applications, we are adding
a set of highly complementary and unique products to broaden our existing
offering and increase revenues,” said Charlie Schafer, President and Chief
Financial Officer of Revolution Lighting Technologies. “Combining these
product lines with our existing leading indoor presence will drive new market
penetration, increase our competitiveness for indoor commercial opportunities,
strengthen our distribution network, and add value to our customers looking
for Energy Star rebates.”

Financial terms of the transaction were not disclosed.

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; Lumificient, which supplies LED
illumination for the signage industry; Relume Technologies, a leading
manufacturer of outdoor LED products; and Sentinel, a revolutionary patented
and licensed monitoring and smart grid control system for outdoor lighting
applications. 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.

About CMG Energy Solutions

CMG Lighting is a trusted supplier for a wide range of eco-friendly lighting
solutions. A brand of CMG Energy Solution and CM Global, the company was
started in 2001 to focus on utilizing the latest technologies to meet the ever
changing customer demands in the areas of signage and lighting. CMG’s products
meet and exceed industry standards for quality and performance, with UL or ETL
safety certifications, FCC certifications and Energy Start listings. For more
information, please visit: http://www.cmglighting.com/

Cautionary Statement for Forward-Looking Statements

Certain of the above statements contained in this press release are
forward-looking statements that involve a number of risks and uncertainties,
including the anticipated benefits of the CMG Energy Solutions acquisition and
statements relating to the anticipated future growth and profitability of our
business. 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's filings under
the Securities Exchange Act for additional factors that could cause actual
results to differ materially, including our history of losses, the potential
for future dilution to our existing common stockholders, our status as a
controlled company, the risk that demand for our LED products fails to emerge
as anticipated, competition from larger companies, and risks relating to third
party suppliers and manufacturers, as well as the other Risk Factors described
in Item 1A of our Form 10-K for the fiscal year ended December 31, 2012.
Revolution Lighting Technologies, Inc. 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.

Contact:

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