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MASS HIGH TECH NAMES IHOR LYS AMONG 2004 ALL-STARS
Boston, MA - October 27, 2004 -
Color Kinetics Incorporated (NASDAQ: CLRK), a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies, today announced the recognition of Chief Technology Officer Ihor Lys, PhD, among Mass High Tech's 2004 All-Stars. The ninth annual list, published in the October 25-31 issue, acknowledges 14 local business leaders, scientists and engineers who have helped to shape the technology landscape of New England.
Lys was named the Electronics category All-Star, based on his pioneering and on-going achievements in intelligent solid-state lighting technology. As co-founder and CTO of Color Kinetics, he is instrumental in the development of the company's core technologies, with dozens of patents to his credit, realizing the far-reaching potential of LEDs as a digitally controllable light source.
About Color Kinetics
Color Kinetics Incorporated (NASDAQ: CLRK) is a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies. The company's award-winning product lines apply the practical and aesthetic benefits of LEDs to transcend the limits of traditional light sources for use in high-performance lighting and OEM and licensing applications. Its products and technologies leverage a patented layer of digital intelligence, called Chromacore®, to generate and control millions of colors and dynamic lighting effects. Color Kinetics holds 36 patents and has over 120 patent applications pending that apply to many aspects of solid-state lighting technology. Founded in 1997, the company is headquartered in Boston, MA with offices in the UK, China, and a joint venture in Japan. More information can be found at www.colorkinetics.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Annual Report regarding Color Kinetics Incorporated’s business that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements involve risks and uncertainties, are only predictions and may differ materially from actual future events and results. For a discussion of such risks and uncertainties, see “Risk Factors” in the Company’s Registration Statement on Form S-1, File Number 333-114386, and in its Annual Report on Form 10-K for the Twelve Months Ended December 31, 2004, each as filed with the Securities and Exchange Commission.
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