SATELLITE BEACH, Fla., April 21, 2011 /PRNewswire/ -- Lighting Science Group (OTCBB: LSCG)–a leader in the ultra-efficient lighting revolution–will launch on Earth Day a campaign to bring low cost, high output LED lighting to more households and businesses across the country. The company will list its first in a series of high quality, yet affordable, LED products on Amazon.com, America's largest online retailer.
Priced at $21.98, Lighting Science Group's new 40 watt equivalent A19 omnidirectional, 8.5 watt LED bulb is 75% more efficient than the typical incandescent bulb it replaces and can last up to 23 years. By way of comparison, the company's omnidirectional 40 watt equivalent LED bulb is more efficient than GE's omnidirectional Energy Smart A19 40 watt equivalent bulb, and retails for approximately half the price.
"Americans can transform every day into Earth Day by installing LED lighting," said Rich Weinberg, chairman and chief executive officer of Lighting Science Group. "Put one of our ultra-efficient bulbs in a lamp and don't worry about changing it for many years to come–that's convenience and energy savings that consumers can count on."
In addition to the new 40 watt equivalent A19 omnidirectional LED bulb, consumers will soon be able to buy on Amazon.com a 60 watt equivalent version as well as BR, MR and PAR LED bulb types. Independent tests show that the lumen (light) output of these new LED bulbs is unrivaled–outperforming comparable products by 25-30%. In addition, the bulbs are more energy efficient than equivalent CFLs and contain no mercury, are "instant on", are completely recyclable, and offer outstanding light quality.
"Lighting accounts for more than 18% of the average U.S. household's energy bill–that's because incandescent bulbs are essentially space heaters that give off a little bit of light. On Earth Day, say 'no' to high energy bills and 'yes' to protecting the environment and saving money by purchasing our LED bulbs," added Weinberg.
To ensure performance and reliability, all of Lighting Science Group's new LED bulbs were tested under the rigorous LM-79 process by an independent laboratory approved by the U.S. Department of Energy's CALiPER program.
To purchase the Lighting Science Group's new bulb, go to: www.amazon.com; keywords: Lighting Science Group. Also, check out Lighting Science Group's Facebook page for free giveaways on Earth Day of their new A19 LED bulbs: www.facebook.com/LightingScienceGroup.
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 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, including its A19 omnidirectional LED bulb, and/or statements using 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