Revolution Lighting Technologies Launches Next Generation of Industry-Leading LED Lighting Technology Solutions
Company continues to produce leading LED solutions for commercial, industrial, educational, healthcare, retail, and outdoor applications; Revolution Lighting’s solutions enable more than 50% reduction in lighting energy usage compared to conventional lighting
STAMFORD, Conn., April 24, 2018 (GLOBE NEWSWIRE) -- Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) (“Revolution Lighting”), a global provider of advanced LED lighting solutions, today announced the launch of the next generation of its industry-leading LED lighting solutions, making available six new lighting technologies to market.
“We are pleased to announce the availability of the next generation of our industry-leading LED lighting solutions and to provide technology to enable businesses to become more energy efficient and maximize the return on their investment,” said Robert V. LaPenta, CEO and Chairman, Revolution Lighting. “We are committed to bringing new cutting edge products to the market and are continuously and quickly expanding RVLT’s comprehensive line of products to support our customers’ diverse lighting needs.”
Revolution Lighting’s newest LED technologies continue to offer an industry-best lamp life and warranty, providing customers with maximum return on investment through reduced energy and maintenance costs while delivering superior light output through market leading efficacies. Revolution Lighting’s newest solutions are also rated by the DesignLights Consortium (DLC), including its most rigorous, Premium status classification for luminaires, which five of our new products achieve. Products that achieve DLC Premium status can often qualify for more incentives within state and utility programs than those with a lesser DLC classification or without, allowing customers to achieve a greater return on investment for their lighting efficiency project.
Revolution Lighting continues to emphasize control technologies as an increasingly important component of high efficiency lighting, offering a simple, flexible, and scalable solution to address a broad spectrum of customer control requirements. The Company’s rNet control systems are easy to implement and custom tailored to customer needs and can be seamlessly and economically expanded to add capabilities over time as they scale.
The newest additions to Revolution Lighting’s product line include:
Eco Area Light: High performance LED solutions for outdoor applications such as parking lots and building exteriors that can reduce lighting energy use by as much as 55% compared to conventional lighting. Featuring a versatile slide-in mount for fast and simple installation, as well as a 70,000-hour rated life and a seven-year warranty. (DLC Premium)
Eco-Fit T8 Tube Lamp: Now available with a lightweight polycarbonate Nano lens that can reduce lighting energy use by as much as 55% compared to fluorescent lighting without sacrificing on lighting quality. Eco-Fit T8 Tube Lamps are ballast-ready, install directly without rewiring, and are backed by a 70,000-hour rated life and 10-year warranty. (DLC)
G2 LED Eco Thin Panel: The new G2 LED Eco Thin Panels offer significant advantages over traditional fluorescent lighting – including 50% greater efficiency than their fluorescent counterparts – and install easily in T-bar drop ceilings or can be chain/cable hung for application versatility. With an 80,000-hour rated life and a 10-year warranty, this energy-efficient luminaire maximizes the return on your lighting investment. (DLC Premium)
ABS Single-Barrel LED Troffers: Revolution Lighting now offers a super-lightweight single-barrel LED troffer with a housing frame made from tough ABS plastic. Ideal for offices, schools, hospitals, and more, these troffers feature dimming technology and smooth distribution of light, a 50,000-hour rated life, five-year warranty, and can decrease energy usage by 50% compared to similar fluorescent lamps. (DLC Premium)
LED Troffer Retrofit Kit: The unique design allows each 2X2 or 4X4 LED troffer to be inserted directly into an existing troffer housing, making it an ideal retrofit lighting solution for offices, schools, hospitals, retail, and other high-traffic areas. Featuring a 50% greater efficiency than traditional lighting sources, a 50,000-hour rated life and a five-year warranty, Revolution Lighting’s LED Troffer Retrofit Kits will significantly reduce long-term operational and maintenance costs. (DLC Premium)
G4 Wall Pack: Whether you need to light your building exterior in complimentary light to show it at its best, or provide security around it, Revolution Lighting’s wall packs deliver energy-saving options of 0-10V dimming and a dusk-to-dawn photocell. G4 Wall Packs are durable and ideal for dry and wet exterior locations and feature a 70,000-hour rated life and a 10-year warranty, and can decrease energy usage by 50% compared to conventional lighting installations. (DLC Premium)
About Revolution Lighting Technologies, Inc.
Revolution Lighting Technologies, Inc. is a leader in the design, manufacture, marketing, and sale of LED lighting solutions focusing on the industrial, commercial and government markets in the United States, Canada, and internationally. Through advanced LED technologies, Revolution Lighting has created an innovative lighting company that offers a comprehensive advanced product platform of high-quality interior and exterior LED lamps and fixtures, including signage and control systems. Revolution Lighting is uniquely positioned to act as an expert partner, offering full service lighting solutions through our operating divisions including Energy Source, Tri-State LED, Multifamily, and TNT Energy to transform lighting into a source of superior energy savings, quality light and well-being. Revolution Lighting Technologies markets and distributes its products through a network of regional and national independent sales representatives and distributors, as well as through energy savings companies and national accounts. Revolution Lighting Technologies trades on the NASDAQ under the ticker RVLT. For more information, please visit http://www.rvlti.com/ and connect with the Company on Twitter, LinkedIn and Facebook.
Cautionary Statement for Forward-Looking Statements
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties, including statements about the public offering, Revolution Lighting’s proposed use of proceeds and statements relating to expectations regarding the completion of the public offering. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Reference is made to Revolution Lighting’s filings under the Securities Exchange Act for additional factors that could cause actual results to differ materially, including the Risk Factors described in Item 1A of our Form 10-K for the fiscal year ended December 31, 2015. Revolution Lighting Technologies undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.
Investor Relations Contact:
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Released April 24, 2018