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COLOR KINETICS RELIGHTS
PHILADELPHIA’S FAMED BOATHOUSE ROW
Intelligent solid-state lighting system expected to save $57,000 in annual operating costs
Boston, MA - July 7, 2005 - Color Kinetics Incorporated (NASDAQ: CLRK), a pioneer of intelligent solid-state lighting systems and technologies, today announced the prominent role of its technology in the relighting of Philadelphia's famed Boathouse Row. Unveiled at a public ceremony on Thursday, June 30, the new LED-based lighting system replaces the previous 30-year-old incandescent system, and is expected to save the Fairmount Park Commission approximately $57,000 in annual operating costs.
| A popular Philadelphia landmark, Boathouse Row comprises twelve boating clubs in ten, architecturally distinct buildings along a half-mile stretch of the Schuylkill River. Prior to the relighting project, the Fairmount Park Commission was spending more than $50,000 per year on bulb replacement and $8,000 per year on energy costs. The new system encompasses more than 12,000 individually controllable nodes of Color Kinetics® iColor® Flex SL - a flexible, LED-based "string light." Each node is driven by Color Kinetics' custom-engineered Chromasic® microchip, allowing for intricate, colorful lighting sequences in addition to simple white light that closely matches the previous incandescent system. The LED-based system also features the benefits of long source life, durability, and reduced energy consumption, which translate to reduced operating costs. | 
Photo Credit: Joshua Schulman |
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"We knew that LEDs were the optimal light source for the project, based on their energy efficiency, lifetime and controllability, yet Color Kinetics' technology even exceeded our expectations," said Shannon Yott of Pennell & Wiltberger, Inc. (PWI), who co-managed the architectural lighting design and specifications with Troy A. Martin-O'Shia, architectural and lighting designer with Hase & Associates, Ltd. "Not only do we have the ability to cut operational expenses with the LED-based system, we can quickly and easily program customized effects for special occasions - an option that was not possible with the dated, incandescent system." | 
Photo Credit: Joshua Schulman |
To showcase the capabilities of the new lighting system, a series of colorful, dynamic light shows were created and programmed by Martin-O'Shia and team for the grand unveiling, in addition to red, white and blue effects for the Fourth of July. The light shows are authored and controlled by Light System Manager, Color Kinetics' Ethernet-based software/hardware solution that facilitates the authoring, management and control of complex installations that may scale to thousands of individually controlled LED nodes.
PECO, An Exelon Company, spearheaded the project -- The PECO Challenge. . . Relighting Boathouse Row -- in partnership with the Fairmount Park Commission, the Schuylkill Navy of Philadelphia and the International Brotherhood of Electrical Workers (IBEW) Local 98, who donated all labor. A public campaign, the challenge raised hundreds of thousands of dollars from individuals, corporations and foundations in addition to a start-up contribution from PECO. Additional contributions were provided by others including PWI.
Digital images available upon request.
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 41 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 press release 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 Annual Report on Form 10-K for the Twelve Months Ended December 31, 2004, File Number 000-50798, and most recent 10-Q, each as filed with the Securities and Exchange Commission.
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