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Last $0.18 USD
Change Today +0.0115 / 6.83%
Volume 11.2K
LSCG On Other Exchanges
As of 8:10 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

lighting science group corp (LSCG) Key Developments

Lighting Science Group Corporation Announces Board Appointments

Lighting Science Group Corporation announced the appointments of three experienced sales leaders who will add broad business and industry expertise to its global sales team. Daniel Yasi joins the company as Senior Director of Commercial and Infrastructure Channels. Oscar Ibarra also joins LSG as Director of International Infrastructure Sales. Additionally, David Rubin joins the team as a Director of Commercial Markets. Dan, Oscar and David will play key roles in supporting and growing the Lighting Science product portfolio, with specific concentrations on expanding the commercial and infrastructure channels both domestically and internationally. Dan Yasi joins Lighting Science from his previous positions as VP of Sales for North America & EMEA at Boston Power and Director of Sales for XALT Energy. In these positions, Dan was responsible for the management and oversight of all sales, channel partner relations, and demand creation for Lithium-Ion cell technology and pack solutions for the Electric Vehicle, Consumer, Medical, Military, Marine, Transportation, Utility Storage and Industrial markets. Oscar Ibarra comes to Lighting Science Group after serving as Director of International Sales at Cooper Wiring Devices for over 10 years. Prior to Cooper, Oscar was Director of Latin American Sales & Marketing for Schneider Electric’s Xantrex Technologies. David Rubin joins Lighting Science from ETi Solid State Lighting Inc., where he served as President for the Americas.

Lighting Science Group Corporation Launches New Avenue Series

Lighting Science Group Corporation officially unveiled its AVENUE Series of LED roadway solutions during Lightfair 2015 to tremendous excitement and interest. AVENUE is the culmination of research and development efforts to revolutionize the infrastructure market and take roadway lighting to the next level. It currently contains two highly anticipated, next-generation products that are leading the way in their markets. Created to address the unique lighting needs of rural and remote communities with limited access to the electric grid, the FreeLED high efficiency luminaire system is a reliable, affordable and sustainable roadway illumination platform utilizing solar energy as its primary power source. The Mini street light possesses a smart, minimalist design that saves on lifecycle implementation costs from materials to installation and energy making it a low-maintenance, cost-effective LED solution. These advanced roadway lighting solutions will deliver big impacts in the infrastructure market. FreeLED is poised to take reliable and sustainable LED lighting to remote or off-grid locations that have traditionally suffered with limited options for affordable illumination. FreeLED patented technology includes dusk to dawn dimming, up to a three days discharge based on the selected profile, automatic battery cell balancing and the ability to withstand wind gusts up to 150 ph per AASHTO 2001 guidelines. The Mini was designed for customers looking for an affordable, energy efficient and optically superior LED street light system. Engineered for ease of installation, especially in locations that often lack stable, extensive or affordable infrastructure, its sleek design provides easy installation and reduced energy consumption. Compared to a traditional roadway fixture, the Mini is 22% more energy efficient, while using 75% less material. It has a built in photo-sensor for automatic on/off functionality and provides better quality light.

Lighting Science Group to Unveil Revolutionary New Products at 2015 LIGHTFAIR

Lighting Science Group has always approached lighting differently from other industry leaders. That difference is especially apparent in a range of new products the company will premiere in its booth at Light Fair International 2015 – the world’s large annual architectural and commercial lighting conference being held from May 5 to May 7, 2015 at the Jacob Javits Center in New York City. In addition to The Rhythm Series, a number of other new products will also be featured that reflect significant advances in design, energy efficiency, and functionality. Among these are: The Marquee Series – warm, nostalgic looking LED filament lamps that give the look of a traditional incandescent lamp with the energy savings of an LED. The Avenue Series – its revolutionary new Mini™ and FreeLED™ roadway systems that take infrastructure lighting to a whole new level. Visitors to Lighting Science’s Light Fair booth will also be given the opportunity to hear firsthand from Company executives about initiatives, as well as meet some of the world’s top scientific experts who are leading the fusion between health and lighting. As an added incentive, Lighting Science is offering special promotions to its Light Fair booth visitors and online customers. Promotions include a special on its most popular A19 lamp, as well as on its Marquee Series lamps.

Lighting Science Group Corporation Announces Board Changes

On March 24, 2015, the board of directors of Lighting Science Group Corporation increased the number of directors comprising the Board from eleven directors to twelve directors, appointed Samer Salty as a director of the company to fill the vacancy resulting from such increase, accepted the resignation of Warner Philips from the Board and appointed Dennis McGill as a director of the company to fill the vacancy resulting from Mr. Philips's resignation. Each of Messrs. Salty and McGill will serve on the Board until the next annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier resignation or removal. As of the date of this report, the Board has not appointed Mr. Salty or Mr. McGill to serve on any committee of the Board. Samer Salty previously served on the Board from September 2012 to February 2014. Dennis McGill served as the company's Interim Chief Operating Officer from June 2014 to September 2014 and as the Company's Interim Chief Financial Officer from July 2014 to December 2014. Following his resignation, Mr. McGill joined Pegasus Capital Advisors, L.P. as an operating advisor.

Lighting Science Group Corporation, Annual General Meeting, May 28, 2015

Lighting Science Group Corporation, Annual General Meeting, May 28, 2015., at 09:00 US Eastern Standard Time. Location: headquarters located at 1830 Penn Street. Agenda: To consider the election of five directors to serve on Board of Directors, each to serve until the date of the 2016 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier resignation or removal; to consider the ratification of the appointment of KPMG LLP as independent registered public accounting firm for 2015; and to consider the such other business as may properly come before the Annual Meeting.


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