Lighting Science Group Launches LED Retail Display Product Line To Global Partner Network
Source/Type: Solid State Lighting Design LED Lighting News - Company News Releases

August 14, 2008... Eco-Friendly Systems Allow Retailers to Achieve High Quality Illumination with Minimal Maintenance Requirements NEW YORK, Aug. 12

New York -- Lighting Science Group (OTC Bulletin Board: LSCG) ("LSG"), a global developer and integrator of intelligent and efficient light-emitting diode (LED) solutions, today announced the global availability of its LED-based retail display product line. Following the release of LSG's Eyeleds(R) and Replacement Lamp product lines earlier this year, the new line of retail display luminaires will enhance the company's global product portfolio and increase its presence in the retail lighting industry.
The LSG retail display luminaires provide retailers with environmentally friendly, energy-efficient solutions that significantly lower operating costs and reduce the carbon footprint, while enhancing the shopper experience. Ideal for indoor environments, the range will be available worldwide through Lighting Science's extensive channel partner network of agents, distributors, designers and Energy Service Companies (ESCOs).
"Lighting Science is committed to driving the LED lighting industry with continuous innovation and real-world expertise," said Govi Rao, chairman and chief executive officer of Lighting Science Group. "This launch exemplifies our understanding of the technology and the unique needs of the retail market. With LSG's product design and semiconductor optimization expertise, we are introducing LED lighting options that provide high quality illumination that display merchandise in their true colors -- without the ultraviolet light that discolor merchandise."

LED light sources provide superior benefits regarding energy efficiency, life span and environmental impact in comparison to both fluorescent and halogen. LEDs consume up to 80 percent less energy than traditional halogen sources and as much as 50 percent less than fluorescent bulbs. Furthermore, the differentiated line is RoHS compliant and since LEDs do not contain hazardous materials like lead, mercury and other heavy metals, the new lights do not require special disposal.

"Lighting Science retail display systems truly capture the detail, color and sparkle of shelf merchandise while reducing retailers' carbon footprint," said Zach Gibler, chief business development officer of LSG.
Offering superior performance in four slender profiles, and available in two finishes, black or natural aluminum, LSG retail display products fit unobtrusively for both retrofit as well as new installations. Furthermore, the range will produce true-to-color illumination ideally suited for retail shelving, display cases, showcases, exhibits as well as architectural applications.

More information about the retail display product line is available at www.lsgc.com.

About Lighting Science

Lighting Science Group Corporation (www.lsgc.com) designs, manufactures and markets LED lighting solutions for consumer and professional 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, 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 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; Sacramento, California; Satellite Beach, Florida; Dallas, Texas; Tokyo, Japan; Goes, The Netherlands; and Buckinghamshire, England.
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.

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.

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