City of Dallas Partners with Lumetech and Lighting Science Group to Go Green with
Energy Efficient LED Lighting in Its Parking Garages
--Dallas, TX - One of the First U.S. Cities to Convert Multiple Parking Garages
to LED Lighting System --City of Dallas Expects 60% Reduction in Annual Energy
Use
DALLAS, March 24, 2011 /PRNewswire via COMTEX/ -- Lumetech Group, a leading
provider of commercial LED lighting solutions, and Lighting Science Group (LSCG),
a leading American maker of LED lighting, announced today the conversion of five
downtown parking garages to energy efficient LED lighting, positioning Dallas as
one of the first major cities in the United States to adopt this energy and cost
saving technology.
"As a first-mover, the City of Dallas is leading this green initiative in Texas
and has raised the bar and set the standard when it comes to efficient lighting
technology that reduces energy consumption and operating costs. I want to commend
City Councilman Ron Natinsky for embracing this new technology and establishing
Dallas as a leader in going green," said Ron Lusk, CEO of Lumetech. "Lumetech
will continue to partner with government and corporate clients to provide high
performance LED lighting that saves energy and costs."
"With rising energy costs across the country, cities like Dallas are looking for
ways to save energy -- the installation of Lighting Science Group's LED fixtures
will significantly reduce the city's maintenance, replacement and energy costs,"
said Rich Weinberg, Chairman and CEO of Lighting Science Group.
Lighting Science Group's long-lasting and ultra-efficient Flat LowBay LED
fixtures were installed in garages at Dallas City Hall, Dallas Public Library,
the Jack Evans Police Building, the freight terminal beneath Thanksgiving Square
and the Morton H. Meyerson Symphony Center. It is estimated that the annual
energy savings for the City of Dallas will be in excess of 1,700,000 kWh or a 60%
reduction in annual energy use. In addition, as a result of the enhanced
performance and reliability of the new lighting, the City of Dallas expects to
reduce substantial cost of maintenance over the lifetime of the fixtures.
"The City of Dallas is committed to acting in the best interests of its taxpayers
and to improve the efficiency in which it operates. Over the past few years, we
have actively worked to become more environmentally efficient and have enacted a
number of important green initiatives, including the recent efficiency upgrade of
our parking garages. I hope that our actions compel the leadership of other
cities and private sectors to follow suit," said Ron Natinsky, Dallas Council
Member.
The announcement comes on the heels of Lumetech's completion of Dallas County
School's parking lots that will result in an estimated annual energy savings of
over 505,000 kWh per year and approximately $363,600 in electricity and
maintenance over the lifetime of the fixtures.
About Lumetech
Lumetech partners with clients to provide energy efficient outdoor lighting
solutions which include evaluation, best-of-breed products, incentive programs,
installation, return on investment analysis and financing. info@lumetech.com
lumetech.com.
About Lighting Science Group
Lighting Science Group Corporation (LSCG) designs, develops, manufactures and
markets LED lighting solutions that are environmentally friendlier and more
energy efficient than traditional lighting products. Lighting Science Group
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. Lighting Science Group Design Works business unit designs, develops
and manufactures custom LED lighting solutions for architectural and artistic
projects. Lighting Science Group is headquartered in Satellite Beach, Florida;
the Company's European operations are based in Goes, The Netherlands; and, the
Company has a sales office in Sydney, Australia. Lighting Science Group employs
approximately 600 workers building lighting products from domestic and imported
parts. Lighting Science Group is a Pegasus Capital Advisors portfolio company.
More information about Lighting Science Group is available at
lsgc.com.
Forward Looking Statement. 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. These statements
include, but are not limited to, statements concerning the performance of LSG and
its products and/or use terminology such as "anticipate," "assume," "believe,"
"estimate," "expect," "goal," "intend," "plan," "project," "seek," "target" and
variations of such words and similar expressions. 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 these statements. In evaluating these statements, you should
carefully review the risk factors detailed under "Risk Factors" in our most
recent filings with the Securities and Exchange Commission that may cause our
actual results to differ materially from these forward-looking statements.
SOURCE Lighting Science Group Corporation |
