Lighting Science Group announces licensing and production agreement with NuTech Lighting
Dallas, Texas USA-- Lighting Science Group Corporation, a leading provider of energy-efficient and environmentally responsible LED lighting solutions announced today that it signed a licensing and product supply agreement with NuTech Lighting, a leading privately held lighting manufacturer and distributor based in New York City.
Through this agreement, LSG will supply NuTech with market-leading, high output, white LED components, including modules and power supply drivers, to incorporate LSG's patented Optimized Digital Lighting(R) technology into NuTech's line of lighting fixtures. LSG will also share its product expertise with NuTech to expedite the transition to energy saving, solid-state lighting.
"Since our entry into the market, we have proven that LSG's technology and products have the potential to reshape global energy consumption. We are proud to be at the forefront of the transition from 130-year-old lighting technology to more cost-effective, long lasting and environmentally friendly LED lighting solutions," said Ron Lusk, chairman and chief executive officer of Lighting Science Group. "LSG will work with our partners to grow the market through the creation of new LED fixtures using our patented technology. NuTech has established a reputation as a pioneer in lighting technology, and we are very pleased to be working with them to bring this exciting new innovation to a wider audience." Andrew Jacoby, president and chief operating officer of NuTech Lighting added, "As a technology-oriented lighting manufacturer, NuTech, continues to lead the way in developing energy-efficient fixtures that are functionally well designed, constructed and competitively priced. Our partnership only serves to further our lead in this effort, and we are looking forward to working with LSG's experienced team." LSG is the first company to market a high-output, dimmable, Edison-base white-LED light bulb. The company currently has 25 patents and patents pending in the LED lighting space and a product portfolio comprised of 30 different SKUs. Lasting up to 50 times longer than incandescent light bulbs, LED bulbs typically pay for themselves in less than two years and do not contain hazardous materials such as mercury, commonly found in fluorescent and compact fluorescent products.
NuTech Lighting (http://www.nutechlighting.com) is the only company to deliver a 100 percent composite (non-metallic), recessed downlight that is UL Listed. Installed in countless commercial and residential applications in the U.S., Canada, Europe and the Middle East, NuTech's patented fixtures are ENERGY STAR listed, Title 24 compliant, meet the State of Washington requirements for restricted airflow (ASTM-283) and are manufactured in the U.S.A. The proven reliability of NuTech's products has earned the Company industry acclaim, awards, and all major qualification listings.
About Lighting Science Group Corporation
Lighting Science Group Corporation (http://www.lsgc.com) designs and sells highly energy efficient and environmentally friendly lighting solutions based on its proprietary Optimized Digital Lighting(R) (ODL(R)) technology. The Company's patented and patent-pending designs and manufacturing processes enable affordable, efficient and long lasting LED based lighting systems to be quickly deployed in existing lighting applications and produce immediate cost savings and environmental benefits. Products include lowbay fixtures for parking garages and industrial facilities, MR-16, R30, R25, R20, R16 (elevator light), G11, G25, S6, candelabra and flame tip bulbs which can be purchased at http://store.lsgc.com.
