SATELLITE BEACH, FL -- (Marketwire) -- 12/10/12 -- Lighting Science Group Corporation® (OTCQB: LSCG), one of the world's leading LED lighting technology manufacturers and key industry innovators, announced today that it has been awarded 26 new U.S. patents by the United States Patent and Trademark Office for 2012. It also reports another 20 patent applications that are expected to be issued in the next few months. A total of 71 new U.S. patent applications were filed by Lighting Science in 2012, reflecting the robust innovative research and product development occurring at the company.
"We are extremely proud of our R&D team and their commitment to developing technology for the future," said Fred Maxik, chief technology officer. "Our aggressive developments and filings for patents illustrate that we continue to be at the forefront of lighting innovation with transformational products."
Lighting Science extensive patent applications and patent pending technologies are focused on lamps and luminaires designs, specialized power, optical and thermal management solutions, embedded intelligence including color mixing and power control algorithms. In addition, R&D innovations include wireless networking of luminaires for sensing, automation and communication plus next generation adaptable lighting systems for biological, medical, agricultural and environmental applications.
According to Maxik, all of the granted and allowed patents have a common objective in changing the way the world experiences light. Lighting Science is committed to innovation and currently offers LED solutions for commercial and residential projects worldwide.
About Lighting Science Group
Lighting Science Group Corporation (OTCQB: 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 800 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 www.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 Lighting Science Group and its products and/or use terminology such as "anticipate," "assume," "believe," "estimate," "expect," "goal," "intend," "plan," "project," "seek," "target," "soon," "will," "first of many" and variations of such words and similar expressions. Such statements reflect the current view of Lighting Science Group 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.