Lighting Science Group's LED Bulbs Light Up Over a Quarter of the DOE Solar Decathlon Team Houses
Company's Ultra-Efficient LED Lighting Products Give Collegiate Teams a Competitive Edge by Significantly Reducing Lighting Energy Consumption
SATELLITE BEACH, Fla., Sept. 21, 2011
SATELLITE BEACH, Fla., Sept. 21, 2011 /PRNewswire/ -- Six of thetwenty collegiate teams competing in the U.S. Department of Energy Solar Decathlon 2011 will be lighting up their futuristic, energy-efficient solar houses with Lighting Science Group's (OTCBB: LSCG) high-performance and ultra-efficient LED lighting products. Parsons The New School for Design and Stevens Institute of Technology, the University of Illinois at Urbana-Champaign, Old Dominion University and Hampton University, Middlebury College, The Southern California Institute of Architecture and California Institute of Technology, and Florida International University have spent nearly two years creating houses that blend affordability, consumer appeal, and design excellence with optimal energy production and maximum efficiency, coming to the conclusion that Lighting Science Group's LED lighting solutions would give their homes a competitive edge in the ten Department of Energy sponsored competitions that will take place September 23-October 2 in Washington, D.C.
"The nature of the U.S. Department of Energy Solar Decathlon competition and our partnership with Habitat for Humanity of Washington, D.C. charges the Empowerhouse design team to deliver the right amount of high quality lighting at the best value to a homebuilder and homeowner. It's reassuring to know that Lighting Science Group is an active participant in the Department of Energy's Lighting Facts program, and that Lighting Science Group provides a wide range of solid state lighting products for retrofit and new construction. Lighting Science Group products are a natural fit for Empowerhouse," said the Parsons The New School for Design and Stevens Institute of Technology team.
These findings aren't isolated – independent tests show that the lumen (light) output of these LED bulbs is unrivaled – outperforming comparable products by 25-30%. In addition, the bulbs are more energy efficient than equivalent CFLs, contain no mercury, are "instant on," are completely recyclable, and offer outstanding light quality.
Every year an estimated 425 million 60 watt incandescent light bulbs – veritable energy hogs – are sold in the United States alone, representing approximately 40% of the domestic light bulb market. Searching for a better option, the Middlebury College team said, "Lighting Science Group's LEDs are reasonably priced, provide a wide range of color temperatures, and use very little energy. They fit our mission of affordability, durability, and efficiency. Lighting Science Group makes an excellent LED bulb that is economical over its lifetime. It is a perfect substitute for your average 60 watt incandescent bulb."
To the Middlebury College team, Lighting Science Group epitomizes choice without compromise: "What most people fear about non-incandescent light bulbs is their color temperature. CFLs have given alternative bulbs a bad name because of the harsh light they produce. The Lighting Science Group bulbs we ordered and tested produce a warm light that is basically indistinguishable from incandescent light."
From the Solar Decathlon to the International Space Station to the Times Square Ball to other installations in major cities across the world and now in homes, Lighting Science Group's LED solutions are increasing energy independence and saving consumers, businesses and governments significant amounts of energy and money. Summarizing the sentiments of the six teams using Lighting Science Group products at Solar Decathlon 2011, the Florida International team stated: "Lighting Science Group recognizes the importance of expression through light and has embraced a leadership role in new technology to explore possibilities."
"Lighting is the low-hanging fruit in reducing energy consumption: it accounts for 22% of the United States' energy use; up to 60% of the power used in commercial buildings; and 15% of household electricity use," said Jim Haworth, chairman and chief executive officer of Lighting Science Group. "With rising energy costs nationwide, companies and homeowners alike are searching for ways to save energy – our ENERGY STAR approved LED bulbs offer a rapid and practical path to significantly reduce their lighting maintenance, replacement and energy costs. With Lighting Science Group's LED products, everyone can have a winning energy solution."
About Lighting Science Group
Lighting Science Group Corporation (OTCBB: 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's Advanced Projects Group 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 Middelburg, The Netherlands; and, the Company has a sales office in Sydney, Australia. Lighting Science Group employs approximately 600 workers building 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.
ENERGY STAR is a U.S. registered mark of the United States Environmental Protection Agency.
Forward Looking Statement. 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. These statements include, but are not limited to, statements concerning the performance of LSG and its products and/or use terminology such as "anticipate," "assume," "believe," "estimate," "expect," "goal," "intend," "plan," "project," "seek," "target" and variations of such words and similar expressions. 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 these statements. In evaluating these statements, you should carefully review the risk factors detailed under "Risk Factors" in our most recent filings with the Securities and Exchange Commission that may cause our actual results to differ materially from these forward-looking statements.