New Lighting Product Increases Output While Increasing Efficiency 25%
SOLON, Ohio, May 7 /PRNewswire-FirstCall/ -- Fiberstars, Inc. (NASDAQ:FBST), the global leader in commercial fiber optic lighting, today announced that it will unveil EFO(R) Illuminator, the latest evolution of its high-efficiency lighting product, at LightFair International, the world's largest annual architectural and commercial lighting trade show. LightFair will take place Tuesday, May 8, through Thursday, May 10, at the Javits Convention Center in New York City. The Company will have a booth on the floor of the show where visitors may meet with Fiberstars representatives and see demonstrations of its products, including the new EFO Illuminator.
The Illuminator requires 80 percent less electricity than traditional lighting achieving a total fixture efficiency of 61 lumens per watt -- more than four times more efficient than traditional halogen lighting fixtures.
"With the current high cost of energy and concerns about global warming, traditional lighting technologies are becoming increasingly expensive as well as ecologically irresponsible to operate," said John Davenport, president and CEO of Fiberstars, Inc.
The EFO product line is also made from 99% recycled or re-used materials, and includes a purchase option to make the light carbon neutral -- making it one of the "greenest" lighting sources on the market today.
Fiberstars lighting products and fixtures can be found in Whole Foods Markets, Cinemark Theaters, Albertsons grocery stores, the Clinton Presidential Library, and other marquee projects including the U.S. Constitution. The company also offers a wide variety of fiber optic lighting fixtures for pools and spas that offer superior architectural lighting opportunities.
About Fiberstars, Inc.
Fiberstars, Inc., (NASDAQ:FBST) is the leading supplier of fiber optic lighting and the world's only supplier of EFO(R), a lighting technology which is more efficient than conventional electric lamps. Fiberstars products are designed, manufactured and marketed for the commercial lighting, sign and swimming pool, and spa markets. Fiberstars fiber optic lighting provides energy savings, aesthetic, safety and maintenance cost benefits over conventional lighting. Customers include supermarket chains, retail stores, fast food restaurants, theme parks and casinos, hotels, swimming pool builders, spa manufacturers and many others. Company headquarters are located at 32000 Aurora Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, New York City, the United Kingdom and Germany. For more information, see http://www.fiberstars.com/.
Safe Harbor Statement Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, the slowing U.S. and world economy and its effects on Fiberstars' markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectations, unanticipated costs of integrating acquisitions into the Fiberstars operation, delays in manufacturing of products, increased competition, other adverse sales and distribution factors and greater than anticipated costs and/or warranty expenses. For more information about potential factors which could affect Fiberstars financial results, please refer to Fiberstars' SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2005, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Fiberstars disclaims any intention or obligation to update or revise any forward-looking statements. DATASOURCE: Fiberstars, Inc.
CONTACT: Alanna Gino of Antenna Group, +1-415-977-1918, for Fiberstars Web site: http://www.fiberstars.com/
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