| Lighting Science Group's New 60-Watt Equivalent LED World Bulb Receives Consumer Electronics Show Best of Innovations Award
 
 Company's LED Bulb Breaks Efficiency and Value Paradigms by Providing a 35%
 Better Total Cost of Ownership vs. Compact Fluorescent Lamps (CFLs)
 
 SATELLITE BEACH, Fla., Dec. 1, 2011 /PRNewswire via COMTEX/ -- Lighting Science
 Group (LSCG), one of the world's leading LED lighting manufacturers, announced
 today that its new low cost World Bulb(TM) - an omnidirectional 60-watt
 equivalent A19 LED bulb - has been selected as a 2012 International CES Best of
 Innovations Design and Engineering Award Honoree. The Consumer Electronics
 Association's (CEA)? International CES Innovations Awards recognize outstanding
 design and engineering advancements across 32 consumer electronics product
 groupings - Lighting Science Group's product was honored in the Eco-Design &
 Sustainable Technologies category. The World Bulb is planned for launch in early
 2012 in India and will roll out to other countries throughout the remainder of
 the year.
 
 "It's an honor to be recognized by CES as among the elite in consumer
 electronics, which further testifies to the superior quality and performance of
 our LED products," said Jim Haworth, chairman and chief executive officer of
 Lighting Science Group. "The World Bulb gives off a clean, bright light
 equivalent to that of a conventional 60-watt incandescent bulb, but while using
 85% less electricity. Plus, the bulb provides a 35% lower total cost of ownership
 as compared with CFLs. True to its name, I expect that our award winning low cost
 A19 LED World Bulb will quickly become one of the best selling lighting products
 around the globe."
 
 The CEA's 2012 International CES Best of Innovations honor is awarded to the
 products with the highest judges' scores and will be featured in the Innovations
 Design and Engineering Showcase at the 2012 International CES. The Best of
 Innovations are judged on overall engineering qualities related to technical
 specifications and materials, aesthetics and design qualities, the product's
 intended use and function, unique features and how the design and innovation of
 the product compares to others in the marketplace. The 2012 International CES,
 the world's largest consumer technology tradeshow, is scheduled to run January
 10-13, 2012.
 
 At 9-watts of electricity use, the World Bulb is designed to handle the variable
 quality of power in emerging economies around the world. Even compared with
 relatively efficient CFLs, the new bulb uses 35% less electricity and, unlike
 fluorescent lights, contains no toxic mercury. At a suggested retail price below
 $15, the World Bulb's payback from electricity savings versus incandescent should
 take approximately 8 months with a calculated lifetime of 17 years based on 8
 hours a day of use.
 
 For more information about Lighting Science Group's products visit:
 lsgc.com.
 
 For more information on Consumer Electronics Association's 2012 International CES
 Best of Innovations Awards visit: cesweb.org.
 
 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 those of traditional lamps
 or bulbs and LED luminaires designed for a range of applications including public
 and private infrastructure for both indoor and outdoor use. Lighting Science
 Group's Advanced Projects Group 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 Middelburg, The Netherlands; and, the Company
 has a sales office in Sydney, Australia. Lighting Science Group employs
 approximately 1000 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.
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