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Lime Energy and Nexxus Lighting Partner To Provide Energy Saving LED Lighting Solutions |
FOR IMMEDIATE RELEASE March 26, 2009 ###### Lime Energy and Nexxus Lighting Partner To Provide Energy Saving LED Lighting Solutions Charlotte, NC – March 26, 2009 – Lime Energy Company (NASDAQ Capital Market: LIME) and Nexxus Lighting, Inc. (NASDAQ Capital Market: NEXS) today announced that they are collaborating to expand the use of Nexxus Lighting’s new Array™ Lighting LED light bulb product offering in numerous projects to help Lime Energy’s customers save energy and reduce carbon emissions. Lime Energy has successfully installed thousands of LED solutions in resort hospitality, casinos, and business hotels and through its long history of evaluating and installing energy efficient lighting applications, Lime Energy has emerged as a leader in applying solid state LED systems in commercial lighting applications. Based on their evaluation of other LED product offerings, Lime selected and installed Nexxus Lighting’s Array LED light bulbs in several recent hotel projects. “When meeting with our customers, they convey much frustration when considering LED technologies,” said Cliff Knutson of Lime Energy and a 23 year veteran of energy efficiency. “Since LED manufacturers are coming out of the woodwork and bombarding our customers with controversial information, the customer has a difficult time knowing what to believe, let alone the best product to use in a specific application. Lime has taken on the challenge of evaluating the LED technology so we can assist with confidence in the recommendation process and provide units with the best reliability, color rendition, beam patterns and dimming capability. It is through this service that we are able to help the customer make the very best choice in the emerging world of long-lasting and efficient LED lighting. Based on the installations we have done with the new Nexxus Array LED technology, customers have told us they like the overall light output and color of the bulbs and look forward to no lamp changes for an extended period. Energy and labor savings are vital to our hotel clients as they deal with tight operating budgets and look anxiously at state and local directives to reduce greenhouse gas emissions. Installing Array Lighting LED bulbs is one huge step in solving both of these problems for our clients,” added Knutson. Nexxus Lighting’s Array LED Light bulbs have been installed in a number of applications including hall ways, lobbies, stairwells and elevators as well as conference rooms and offices and provides over 80% energy savings versus conventional incandescent lamps. As a result, the demand for the new product is growing. Nexxus Lighting and its Array Lighting brand meets required quality and performance standards. Nexxus is an Energy Star Partner and, as one of the technology leaders in LED lighting, has provided direct input in establishing the Energy Star Standard for LED lamps that is currently being drafted. In addition, Array Lamp packaging provides detailed labeling information so that prospective customers know what they are getting in terms of light output, color and color rendering, as well as life. Array lamps have been tested to new the LM-79 standards for measuring light output by an Energy Star approved independent lab and additional testing is on going. In addition the new LM-80 standard for light output depreciation is being adopted by Nexxus Lighting to insure that all Array LED lamps meet the standard for lamp life and light output depreciation. Through the use of Nexxus Lightings patent pending selective heat sink technology and the use of thermal imaging cameras to measure precise component temperatures, Nexxus strives to ensure that the LED’s operate within their proper temperature profile and achieve the specified 50,000 hour lamp life. All Nexxus Array light bulbs come with a three year limited warranty. “We are very excited to be working with Lime Energy to help their clients lower their energy bills and adopt a new eco-friendly product offering,” stated Carina Betts, National Account Manager for Nexxus Lighting. “The projects that have been installed so far have validated the products performance and with more projects in the pipeline, we look forward to working with the team at Lime to meet the demand for energy efficient lighting with an LED solution that we feel is superior to other LED lamp offerings today.” “Lime Energy covers the nation with 16 offices, so we are ideally suited as one point of contact and delivery for a company with facilities nationwide and in fact, half of Lime Energy’s private sector business comes from multi-site customers across the US,” added Dan Parke, Lime Energy President. Nexxus Lighting is a leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool, entertainment and retail lighting. Nexxus Lighting sells its products through its Commercial Lighting, Lumificient and Nexxus Lighting Pool & Spa divisions units under the Array™ Lighting, Savi®, eLum™, LiveLED™, Super Vision® and Lumificient™ brand names. Lime Energy is a leading provider of energy efficiency and renewable energy design/build solutions. The Company performs energy efficiency engineering and consulting as well as the development and implementation of energy efficient lighting, HVAC, water, weatherization, and renewable energy solutions. Lime Energy's clients include commercial and industrial businesses, building owners, property management companies as well as federal, state and local government agencies through energy service company (ESCO) partners. ###### Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. 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 Nexxus Lighting’s or Lime Energy’s filings under the Securities Exchange Act for factors that could cause actual results to differ materially. Neither Nexxus Lighting or Lime Energy assumes any 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.
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