Lighting Science Group Installs Ultra-Efficient Led Lighting at Simon Malls Across the Country

SATELLITE BEACH, Fla., March 17, 2011 /PRNewswire/ -- Lighting Science Group's (OTC Bulletin Board: LSCG) high-performance and ultra-efficient LED bulbs are now lighting up hundreds of Simon Property Group's mall kiosks across the country. The ENERGY STAR approved DEFINITY MR 16 LED bulbs installed in kiosks are approximately 80% more efficient than the halogen bulbs that they replace, are fully dimmable and have approximately 50% more lumens (light output) than certain competing products. Unlike compact fluorescent lamps (or CFLs), the Company's DEFINITY LED bulbs contain no mercury, are completely recyclable, are "instant on," and offer outstanding light quality.  

"Lighting Science Group's LED bulbs are a dramatic improvement in terms of efficiency, longevity, color rendering, and output over what we previously had installed in our mall kiosks," said George Caraghiaur, Senior Vice President, Energy Services & Procurement for Simon Property Group.

"With rising energy costs across the country, companies like Simon Properties are looking for ways to save energy - the installation of Lighting Science Group's ENERGY STAR approved LED bulbs will significantly reduce businesses maintenance, replacement and energy costs," said Rich Weinberg, Chairman and Chief Executive Officer of Lighting Science Group.

To ensure both performance and reliability, the cULus-listed DEFINITY LED line was tested under the rigorous ENERGY STAR Eligibility Criteria, Version 1.1 process by an independent laboratory approved by the U.S. Department of Energy's CALiPER program. To receive the ENERGY STAR label for an integral LED lamp, the DEFINITY bulbs were tested at a third party laboratory under the LM79 standard for overall efficiency, color temperature, color rendering, color spatial uniformity and light emission pattern. Additional testing required for ENERGY STAR approval included: rapid cycle thermal stress testing, in-situ temperature testing, both lumen maintenance and color maintenance testing, and an operational test for 3,000 hours at elevated ambient temperature. ENERGY STAR is the trusted, government-backed symbol that makes it easy for consumers to identify and purchase energy-efficient products that offer savings on energy bills without sacrificing performance, features, and comfort.

For more information about Lighting Science Group's LED lighting solutions, visit www.lsgc.com.

About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest real estate company in the U.S. The Company currently owns or has an interest in 393 retail real estate properties comprising 264 million square feet of gross leasable area in North America, Europe and Asia. Simon Property Group is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. The Company's common stock is publicly traded on the NYSE under the symbol SPG. For further information, visit the Simon Property Group website at www.simon.com.

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 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 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.

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.  

SOURCE Lighting Science Group Corporation