Lighting Science Group Wins Bid To Relight Washington, D.C. With Ultra-efficient LED Street Lights
SATELLITE BEACH, Fla., Dec. 23, 2010 /PRNewswire/ -- Lighting Science Group's (OTC Bulletin Board: LSCG) high-performance PROLIFIC series LED street lights will soon line the streets of Washington, D.C. Compared with traditional high pressure sodium (HPS) street lights, the PROLIFIC LED series street lights are 50% more efficient, provide more uniform light distribution, increase light levels, and will save Washington, D.C. tens of thousands of dollars each year in energy and maintenance costs. The new light fixtures will be paid for from American Recovery and Reinvestment Act (ARRA) funds and will begin to be installed in early 2011.
"Creating more sustainable streets is one of the core goals of our Action Agenda," said Gabe Klein, director of the District Department of Transportation (DDOT). "One way to accomplish that is to reduce the amount of energy it takes to power the 70,000 street and alley lights across the District. This is a great first step in that direction."
The first of the new lights will be installed in alleys across the District, beginning in Wards 7 and 8. Eventually DDOT plans to install energy-efficient light fixtures throughout the city including all the alleys, streets, bridges, tunnels and underpasses, pedestrian walkways, bike and running trails.
In conjunction with Howard University Transportation Research Center, DDOT conducted a study and analysis of LED lighting products from a variety of vendors and manufacturers. The study involved the evaluation and analyses of photometric readings, fixture life, efficacy, aesthetics, color temperature, dimmability and compatibility with remote monitoring and control systems. At the conclusion of the Study, DDOT selected Lighting Science Group's PROLIFIC LSR-2 LED fixture as the preferred choice to replace the District's existing lights."With rising energy costs across world, cities like Washington, D.C. are looking for ways save energy—Lighting Science Group's LED products are an obvious solution," said Zach Gibler, CEO of Lighting Science Group Corporation. "The LED street lights provided will improve both the environment and the city's bottom line by delivering a 50% energy savings over HPS street lights and will last approximately five times as long. The Washington, D.C. project is another significant win for Lighting Science Group in the infrastructure market and exemplifies the clear leadership and high-performance capabilities of the Company." Lighting Science Group LED solutions are offered through lighting distributors worldwide and directly by the company. To find your nearest sales location, go to: www.lsgc.com. About Lighting Science Lighting Science Group Corporation (OTC Bulletin Board: LSCG) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. Lighting Science Group offers retrofit LED lamps in form factors that match the form factor of traditional lamps or bulbs and LED luminaires for a range of applications including public and private infrastructure for both indoor and outdoor applications. Lighting Science Group Design Works business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. Lighting Science Group is headquartered in Satellite Beach, Florida; the Company's European operations are based in Goes, The Netherlands; and, the Company has a sales office in Sydney, Australia. Lighting Science Group has over 400 workers in its Satellite Beach, Florida manufacturing facility that build lighting products from domestic and imported parts. Lighting Science Group is a Pegasus Capital Advisors portfolio company. More information about Lighting Science Group is available at www.lsgc.com. Forward Looking Statements Certain statements in this press release may constitute "forward-looking statements" made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The statements include, but are not limited to statements regarding the performance of LSG and the performance of LSG's products using terminology such as "will," "should," "would," "could," "expect," "intend," "plan," "anticipate," or "believe." Such statements reflect the current view of LSG with respect to future events and are subject to certain risks, uncertainties and assumptions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. Readers should carefully review the risk factors detailed under "Risk Factors" in our most recent Form 10-K and subsequent Form 10-Qs on file with the Securities and Exchange Commission. SOURCE Lighting Science Group Corporation
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