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Updated: July 8th, 2008 05:26 PM CDT

Lighting Science Group Enters into Distribution Agreement for Its Low Bay Lights in Asia, Australia and New Zealand

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Business Wire
via NewsEdge Corporation

Patrick Ma Wai Biu, Managing Director of OptiLED, said, "We are excited about the opportunity to introduce this large-scale LED product to our marketplace. With the increasing use of energy resources in China, we anticipate a high level of interest in the power-saving aspect of this new lighting product. We see the ODL Low Bay fixture as a meaningful addition to our product line."

About Lighting Science Group Corporation

Lighting Science Group Corporation (www.lsgc.com) designs and sells energy efficient lighting solutions based on Optimized Digital Lighting(TM) (ODL(TM)) technology. The Company's patented and patent-pending designs and manufacturing processes enable affordable, efficient and long lasting LED bulbs to be quickly deployed in existing lighting applications and produce immediate cost savings and environmental benefits.

About OptiLED

OptiLED Holdings Co. Ltd. (optiled.biz) is a leading LED product distributor and manufacturer in the Asia Pacific Region, based in Hong Kong. OptiLED also manufactures a wide range of LED-based lighting products and LED light tube products to fulfill the emerging LED lighting market in the region. OptiLED owns intellectual property in various LED product designs and in certain special non-imaging optics in LED applications.

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 financial performance and operating results, 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," "Optimized Digital Lighting," "ODL," the ODL parallel light beams and the LSG concentric ovals are trademarks of Lighting Science Group Corporation.


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