Breaking

Russian International Reserves Fall $15.7 Billion in Week to Dec. 19
Tweet TWEET

Revolution Lighting Technologies Acquires Tri-State LED, a Leading Distributor of Seesmart LED Lighting Solutions

  Revolution Lighting Technologies Acquires Tri-State LED, a Leading
  Distributor of Seesmart LED Lighting Solutions

Tri-State LED to Bring Strong Customer Base and Full Pipeline of Opportunities

Business Wire

STAMFORD, Conn. -- November 18, 2013

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”),
a leader in advanced LED lighting technology, today announced it has acquired
Tri-State LED in a cash and stock transaction. Terms of the transaction were
not disclosed.

Based in Greenwich, CT, Tri-State LED is a leading distributor of Revolution
Lighting’s Seesmart LED lighting solutions with a significant client base
across the Tri-State area that includes municipalities, major school systems,
hospitals, convention centers and real estate developers.

“Our strong dealer and distributor network is one of our key differentiators
and drivers of growth,” said Robert V. LaPenta, Chairman and Chief Executive
Officer of Revolution Lighting Technologies. “We are in the unique position of
being able to purchase the best performing dealers and distributors in our
network and provide them with the resources they need to grow both of our
businesses. We will continue to make similar acquisitions that drive revenue
growth for Revolution Lighting.”

“Led by a high-quality and experienced management team, Tri-State LED is one
of our most successful distributors with an impressive, long-term customer
base and a rich pipeline of add-on and new LED implementation projects,” added
Charlie Schafer, President and Chief Financial Officer of Revolution Lighting
Technologies. “The Tri-State LED team is intimately familiar with our broad
product line and by adding capital resources and a complete administrative
support structure, they will be well-positioned for seizing on large scale
opportunities that otherwise would not have existed for them.”

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 Tri-State LED

Tri-State LED Lighting Wholesale's mission is to provide high quality, long
lasting, energy efficient, eco friendly LED lighting products, We provide
outstanding customer service including a free comprehensive lighting audit and
analysis for your business or commercial facility. Tri-State Led Lighting
Wholesale provides a thorough education of all aspects of your LED lighting
project. Businesses, municipalities and homeowners can all benefit from high
efficiency, environmentally friendly, lighting solutions. Our company will
provide high efficiency Seesmart LED lights for nearly all lighting
applications both retrofit and new construction. LED Tube Lights, LED PAR
lights and LED High Bays at low wholesale prices. Pricing for our products
provides a return on investment (ROI) superior to our competitors. We provide
a 5 year replacement warranty on most our products with a life expectancy
of30,000 - 50,000 hours. Our knowledgeable staff has an unprecedented grasp
on most incentive and rebate programs. This comprehensive knowledge assists
Tri-State LED Lighting Wholesale in providing our customers with the maximum
return on investment (ROI) possible. We have an LED light bulb tube light or
LED lighting fixture for nearly every light project imaginable. For more
information, please visit: http://www.ledlightingwholesale.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 Tri-State LED 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
Cory Ziskind, 203-682-8200
Cory.Ziskind@icrinc.com
 
Press spacebar to pause and continue. Press esc to stop.