AcuityBrands announced that its wholly owned subsidiary, AcuityBrandsLighting ("ABL") and the lighting science group (LSG), reached a strategic alliance to jointly develop LED lighting products. The product will be part of ABL's products including LithoniaLighting, Holophane, HydrEL and Gotham. ABL and LSG will jointly develop new products for construction, commercial, industrial and public utility applications. This strategy is a combination of ABL's enhanced channel, product innovation, and brand recognition and Lighting Science Group's innovative speed and rapid design capabilities leverage. AcuityBrands's president and chief executive officer, VernonJ.Nagel, said the alliance with the lighting science group enabled AcuityBrandsLighting to strengthen existing LED products by using the first use technology. We continue to seek alliance to accelerate our ability to integrate advanced technology, Lighting Science Group's patented technology, experienced management team and in thermal management, specialized technology driven design and color control field to give us a more wide product to provide the continuous growth of the LED market. At present, in some applications, LED light source in energy efficiency, lamp life and environmental protection are more than traditional technology. LED consumes less 80% than traditional incandescent light sources and consumes less than 50% of compact fluorescent lamps. Save a lot of energy costs and reduce carbon dioxide emissions for end users. Lighting Science Group CEO GoviRao said, as one of the industry's largest and most respected lighting suppliers, AcuityBrandsLighting company will breakthrough LED technology commercialization and widely applied to the market. We are proud to work with industry leaders. AcuityBrandsLighting brand will give us access to new global channels and expand LED into new areas. About AcuityBrands AcuityBrands company in 2007 fiscal year sales of approximately $2 billion, AcuityBrands lighting company is the world's one of the leading lighting providers, brands including LithoniaLighting, Holophane, Peerless, Hydrel???, AmericanElectricLighting?, Gotham?, Carandini?, SpecLight?, MetalOptics and AntiqueStreetLamps (TM). AcuityBrands has approximately 7000 employees and has a presence in North America, Europe and asia. About Lighting Science Group Lighting Science Group, based on its proprietary optimization digital lighting technology design and sales of highly energy-efficient lighting solutions. The company's patents and patent pending design and production process makes efficient, energy saving, long life LED lighting system is rapidly developed in the existing lighting applications, and can produce immediate cost savings and environmental benefits. The products include light fixtures for parking and industrial facilities, with MR-16, R30, R25, R20, R16 (elevator lights), G11, G25, S6.
Source: China lighting business
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