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Wynn Las Vegas Debuts With Landmark Color Kinetics Installation
Resort's signature color-changing lake marks largest intelligent solid-state lighting
installation of its kind
Boston, MA - April 28, 2005 - Color Kinetics Incorporated (NASDAQ: CLRK), a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies, today announced the largest-ever, landmark installation of its lighting systems at the new $2.7 billion Wynn Las Vegas (NASDAQ: WYNN) resort and casino in Las Vegas, Nevada.
Unveiled to the public today, Wynn Las Vegas boasts a three-acre, man-made lake as its highly anticipated visual centerpiece. Encompassing more than 4,000 individually controlled, submersed Color Kinetics® C-Splash 2 systems, the lake represents the largest intelligent solid-state lighting installation of its kind, and seamlessly changes color as part of a spectacular, multimedia light-and-water show. The lake also features a five-story waterfall that cascades from a 150-foot man-made mountain.
"This milestone installation underscores the incredible applications that are now made possible by the combination of today's power LEDs and Color Kinetics' technology and system infrastructure," said Bill Sims, President and COO, Color Kinetics. "We are extremely proud that our technology plays a vital role in the unprecedented scale and ambitious design of this remarkable installation."
The lake's lighting design was conceptualized by Patrick Woodroffe, with the C-Splash 2 systems supplied in a lighting package by Production Resource Group (PRG), who acted as the system integrator. C-Splash 2 is an intelligent solid-state lighting system that provides vibrant color and dynamic lighting effects for use in or near fresh and saltwater locations up to 15 feet deep. It allows freedom in design for water-based applications that integrate color and light for both subtle and dramatic visual effect - from colored accents in landscaping design, to theatrical color-changing fountains, to grand-scale theme park installations.
The 217-acre Wynn Las Vegas resort includes 2,700 guest rooms and suites in an elegant 50-story, bronze tower with floor to ceiling windows that frame views of the private lake and mountain, the Las Vegas Strip, or the golf course. The resort also houses a signature show by Franco Dragone, called Le Reve, which will also feature the dynamic lighting effects of C-Splash 2.
Additional information is available at www.wynnlasvegas.com.
About Color Kinetics (www.colorkinetics.com)
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 38 patents and has over 130 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.
“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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