LSGC and ACO group launch LED-enabled drainage system
|Subscribe to FREE newsletter||Jan 31, 2009|
NEW YORK, NY - Lighting Science (LSG), a global developer and integrator of intelligent and efficient light-emitting diode (LED) solutions, and the ACO Group, the worldwide leader in water drain systems and intelligent water drainage, today announced the global availability of the ACO Eyeleds solution for illuminating outdoor spaces. The new drainage solution will incorporate attractive and sustainable LED lighting technology as a permanent part of track drainage grates, which provide natural locations for pathway illumination.
"Designed as a guiding and decorative option for illuminating paths, open spaces, sport areas and private driveways, the ACO Eyeleds system represents the intersection of function and design," said Anja Sievers, product manager at ACO. "We are excited to be working with a world-class LED company. Lighting Science was indispensable in providing the technical expertise and innovation to deliver our joint vision of an attractive and sustainable drainage solution."
The system can be added to new projects and existing removable drain grates, eliminating the need to install light fixtures directly into the concrete, tile or wood surface itself. The system also provides low energy consumption of only 3 watts per light point and a life span of up to 100,000 hours.
"Outdoor drains are typically installed in rugged environments that demand the performance and reliability of our hallmark Eyeleds solution, said Richard Q.van de Vrie, Business Group Executive, Eyeleds International at Lighting Science." The ACO Eyeleds System is the first result of our partnership with ACO and received a strong reception during its launch at the GalaBau conference in Germany. The system demonstrates the low profile, easy installation and durability of the Eyeleds product, in addition to ACOs forward-looking approach to the drainage market."
ACO Drain systems, made of corrosion-resistant polymer concrete, are the leading modular trench drain systems. The ACO Eyeleds, installed in the plastic grating load class B 125 and made of Polyamid and recycled material compounds, are powerful white LED light sources which feature a build-in depth of just 6.5 mm. They are resistant to scratches, shocks and UV rays and completely watertight. The ACO Eyeleds can withstand "walk" or "drive-over" loads up to 285kg, ideal for drainage systems. The installation process involves a simple joining of cable connections, with no electrician required.
About Lighting Science
Lighting Science Group Corporation (www.lsgc.com) innovates, designs, manufactures and markets LED lighting solutions for professional and consumer applications that are environmentally friendlier and less costly to operate than traditional lighting products. The Company's patented and patent-pending designs in power management, thermal management, light engines, controls and micro-electronics are engineered to enhance lighting performance, reduce energy consumption, lower maintenance costs and eliminate the use of hazardous materials. The company is at the forefront of global LED research and product development and designs and manufactures ready-to-use LED lamps and luminaires, as well as provides customized lighting solutions for architectural and artistic projects. Lighting Science has offices in New York, New York; Westampton, New Jersey; Sacramento, California; Satellite Beach, Florida; Dallas, Texas; Tokyo, Japan; Goes, The Netherlands; Buckinghamshire, England; and Sydney, Australia.
Certain statements in the press release constitute "forward-looking statements" relating to Lighting Science Group Corporation within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding future events, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. 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. "Lighting Science," is registered in the U.S. Patent and Trademark Office. Readers should carefully review the risk factors described above and in other documents filed by the Company with the SEC. Readers are specifically directed to the discussion under "Risk Factors" in the Company's Registration Statements on Form S-1.
About LED Holdings
LED Holdings, LLC, a portfolio company of Pegasus Capital Advisors (www.pcalp.com) holds a majority of the issued and outstanding shares of Common Stock of Lighting Science Group Corporation. Pegasus Capital Advisors is a private equity fund manager with offices in New York, New York and Cos Cob, Connecticut. Founded in 1995, Pegasus provides capital to middle market companies across a wide range of industries, with particular focus on businesses that make a meaningful contribution to society by positively affecting the environment, contributing to sustainability and enabling healthy living.
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