Led Engin

September 2008

September 29, 2008

LedEngin, Inc. Announces Production Release of Its 5, 10 and 15 Watt Neutral White High Power LED Products

Santa Clara, CA - September 29, 2008. LedEngin, Inc. today announced the addition of Neutral White products to its high power product portfolio. Product availability includes 5, 10 and 15 watt emitters. LedEngin's 15 watt emitter features a 7 mm X 7 mm package and achieves 750 lumens, setting new records for neutral white products and enabling LedEngin's ultra-small packages to achieve the highest flux densities and the lowest thermal resistance (reaching 2°C/W) in the industry.

The nominal color temperature of these products is 4100 K with a range spanning 3700 K to 4700 K. The color binning structure developed for Neutral White products aligns with the new ANSI standard, enabling customers to meet the Energy Star lighting criteria for solid-state lighting luminaire development. With the addition of its Neutral White LEDs to its Cool White and Warm White product offerings, LedEngin now spans the entire white color spectrum. The typical color rendering index (CRI) of LedEngin's Neutral White products is >75.

The combination of proprietary LedEngin packaging technology with advanced material developments enables a high quality light source with industry leading flux density. LedEngin's LEDs are engineered to optimize light extraction, minimize stress and maximize thermal performance, resulting in monumental reliability, color point stability and lumen maintenance. Target markets for these products include office, retail, hospitality and other general lighting applications, as well as outdoor lighting.

"We are very excited about these new additions to our product portfolio," said David Tahmassebi, President and CEO of LedEngin. "Our Neutral White products offer an environmentally friendly alternative to conventional CFL and other light sources for high performance lighting applications. The combination of high flux density and high light quality will enable the development of new lighting fixtures which capitalize on the miniaturization benefits of our LEDs. We look forward to supporting our customers in their design-in activities," added Tahmassebi.

September 25, 2008

LedEngin, Inc. Announces Production Release of Its 5 and 10 Watt Deep Red High Power LED Products

Santa Clara, CA - September 25, 2008. LedEngin, Inc. today announced the addition of Deep Red products to its high power product portfolio. Product availability includes 5 and 10 watt emitters. Typical 10 watt package performance of up to 2 watts of radiant power sets new records for Deep Red products and enables high radiant power density for the horticulture market. LedEngin's ultra-small, surface mount LEDs feature a footprint measuring only 4.4 mm x 4.4 mm for 5 watt products and 7.0 mm x 7.0 mm for 10 watt products.

LedEngin Deep Red LEDs with typical peak wavelength of 660 nm significantly enhance chlorophyll absorption in the most significant photosynthesis action zone for vegetable and plant growth, flowering and budding.

The combination of proprietary LedEngin packaging technology with advanced material developments enables a high quality light source with industry leading radiant power density. LedEngin's LEDs are engineered to optimize energy extraction, minimize stress and maximize thermal performance, resulting in monumental reliability, wavelength point stability and radiant power maintenance. Target markets for these products include horticultural and medical therapeutic applications.

"We are very excited about the addition of Deep Red high power LEDs to our product portfolio," said Uwe Thomas, Director of Technical Marketing at LedEngin. "Our new Deep Red products combined with Blue LEDs offer a unique alternative to conventional light sources for horticulture applications. The combination of high power density and high moisture resistance will enable the development of new horticulture fixtures which capitalize on the energy efficient, highly robust, and long lasting benefits of LEDs. We look forward to supporting our customers in their design-in activities," added Thomas.

September 15, 2008

LedEngin, Inc. strengthens management team with addition of three seasoned executives

Santa Clara, CA - September 15, 2008. LedEngin, Inc., a leader in high power solid-state lighting (SSL) solutions, today announced the appointment of Michael Heise as Vice President of Worldwide Sales, K.R. Subramanian as Vice President of Operations, and Dan Caserza as Vice President of Finance and Administration. These three hires bolster LedEngin's already impressive management team as the company expands its sales force and scales its manufacturing operations to support marquee customers.

"LedEngin welcomes all three executives to its management team. Each new member of the executive team will play a key role in taking the company to the next stage of growth," said David Tahmassebi, President and CEO of LedEngin.

Michael Heise joins LedEngin from Future Electronics where he served as Corporate Vice President. Heise brings over 18 years of experience in international electronics component distribution and marketing. Heise incubated and led several significant sales divisions within Future Electronics, of which Future Lighting Solutions became the fastest growing divisions of Future Electronics focused on SSL.

"We are delighted to have such an experienced sales executive join our management team. Michael brings a wealth of knowledge in building sophisticated international and domestic sales and distribution channels. In particular his experience in lighting at Future Electronics helps propel our revenue growth goals," said Tahmassebi.

K.R. Subramanian is a veteran of the technology industry with over 23 years of experience in senior and executive management positions in manufacturing operations, engineering and business unit management. Prior to joining LedEngin, he was head of the business unit and operations at Antares ATT, formerly Kulicke & Soffa (KNS). He was the Senior Vice President of Operations and Engineering at NP Photonics, where he established the operational infrastructure, including developing strategic partnerships with offshore contract manufacturers. Subramanian was also part of a very successful IPO management team at ETek Dynamics and was responsible for ramping up integrated business modules revenue from start-up to $100 million. Prior to joining E-Tek Dynamics / JDS Uniphase, he worked at Hewlett-Packard Company, National Semiconductor and Read-Rite. Subramanian has several advanced engineering degrees, including an M.S. from SUNY at StonyBrook, New York and an M.Tech. from the Indian Institute of Technology, Kanpur, India.

"K.R. is an extremely valuable addition to LedEngin's management team and his hands-on experience in ramping up new products to high volume production and establishing and nurturing strategic relationships with contract manufacturers will serve our company well at this critical time of rapid growth," added Tahmassebi.

Dan Caserza brings with him over 30 years of extensive finance and accounting experience with high-growth technology companies, both public and private. He has held Corporate Controller positions at several technology companies, and spent 11 years with Hewlett-Packard Company in various financial positions earlier in his career. Caserza, a certified public accountant, began his professional career with Deloitte Haskins & Sells in San Jose, CA. He received a B.S. degree in mathematics from Santa Clara University and an M.B.A. from the Santa Clara University Graduate School of Business.

"We hired Dan because it is important for us to have a seasoned Vice President of Finance and Administration in place who can design and implement the required financial infrastructure to take LedEngin to the next level. His experience in senior-level finance positions and in building accounting departments, and his involvement in initial public offerings, M&A activity, SEC filings and the implementation of Sarbanes-Oxley Section 404 compliant processes, add to his significant financial leadership abilities," commented Tahmassebi.