SATELLITE BEACH, Fla., June 8 /PRNewswire-FirstCall/ -- By revolutionizing the science of light time and time again, lighting visionary Fred Maxik has taken the small company he started in 2004 and made it into one of America's premier lighting manufacturers—Lighting Science Group Corporation. Filing his 100th patent application to deliver on the promise of LED technology, Fred joins an elite class of prolific American innovators who are pioneering leading solutions to the world's energy and environmental challenges.
"Fred is the modern day Thomas Edison—the personification of the American innovation and entrepreneurial spirit—and he never ceases to amaze me," said Zach Gibler, Chief Executive Officer, Lighting Science Group Corporation. "He consistently pushes the envelope of what people think is possible, allowing the Company to bring to market state-of-the-art lighting solutions that consistently outperform the competition at a price that Americans can afford."
Developers and suppliers of LED lighting for NASA, the Times Square Ball, lighting companies, major cities, and retail chains, Lighting Science Group is a leader in the lighting industry for highly efficient, affordable, and environmentally friendly lighting solutions. And, in doing so, the Company is doing its part to rebuild America's manufacturing base and adding U.S. jobs.
"Several years ago, no one thought what we are doing today was possible and now these transformational products are in the marketplace," said Fred Maxik, Founder and Chief Scientific Officer, Lighting Sciences Group Corporation. "Built right here in the U.S., these products are providing Americans the freedom to switch to long-lasting, environmentally responsible, and sustainable LED solutions that make economic sense—without sacrificing lighting quality."
The breadth and scope of Fred's patent applications are extensive focusing on breakthrough power supplies, novel ways of controlling LEDs, enhanced and exotic materials, and new optical systems. However, they all have common denominator—changing the way the world experiences light.
About Lighting Science
Lighting Science Group Corporation (LSCG.PK) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. LSG 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. LSG's Custom Solutions business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. LSG is headquartered in Satellite Beach, Florida; LSG's Custom Solutions business unit is based in Rancho Cordova, California; LSG's European operations are based in Goes, The Netherlands; and, LSG has sales offices in Tokyo, Japan, Buckinghamshire, England and Sydney, Australia. LSG has over 200 workers in its Satellite Beach, Florida manufacturing facility building LED lighting products from domestic and imported parts. LSG is a Pegasus Capital Advisors portfolio company. More information about LSG 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 "development," "well positioned," "leading," "breakthrough," "revolutionizing," "transformational," "advance," "success," "will," "should," "expected," "best in class," "unparalleled," "would," "could," "expect," "intend," "plan," "anticipate," "believe," "potential," "opportunity," "greater," "preparing," "excellent" or "extensive." 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 Form 10-K's, Form 10-Q's and other Securities and Exchange Commission filings.
SOURCE Lighting Science