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"COLORFUL"
LOCAL ENTREPRENEURS
NAMED P.O.V. MAGAZINE "UP & COMERS" FOR 1999
BOSTON — September 21, 1999 — George Mueller and Dr. Ihor
Lys, the co-founders of Boston-based Color Kinetics Incorporated,
have been named two of the Top 50 Up & Comers for 1999 by POV Magazine.
The list features entrepreneurs under the age of 35 who, in the
words of POV editors, are on track to "become the household
names of the new century." Noted for developing Chromacore™,
a digital color-changing lighting technology that represents the
biggest breakthrough in lighting since the Edison bulb, Mueller
and Lys appear in POV's October 1999 issue which hits newsstands
this week.
Mueller and Lys founded Color Kinetics, the pioneer of full-spectrum
digital lighting, in 1997. The company designs, manufactures and
markets digital lighting products ideally suited for use in visual
merchandising, display, signage, architectural, entertainment and
theatrical lighting environments. Color Kinetics' patent-pending
Chromacore technology uses a microprocessor to control the mixing
of red, green and blue LEDs (light emitting diodes) to generate
up to 16.7 million colors and an array of dynamic color-changing
effects. Unlike traditional gel- or filter-colored lighting options
which are hot, noisy and high-maintenance, Color Kinetics digital
lights generate very little heat and no UV, contain no moving parts
and offer an ultra-long source life of 100,000 hours.
While much of the company's start-up money came from Mueller's credit
card, Color Kinetics has since received two rounds of VC funding
and is currently pursuing a third. In just under two years, the
company has grown from two to 35-plus people, with a huge following
in the retail, entertainment, architecture and design worlds. Company
headcount has grown over 100% in the last year alone, and Color
Kinetics expects to increase that by another 50% by the end of 1999.
Still a relative newcomer, Color Kinetics and its full line of digital
color-changing lights have earned a clean sweep of top industry
awards and continue to impress those in the lighting and design
worlds. Color Kinetics customer list is a veritable "Who's Who"
of the retail and entertainment industries, with current customers
including Disney, Sony Loews, Nine West, Saks Fifth Avenue, Harrods,
Limited Too, Brookstone and Boston Symphony Hall. With a host of
new projects and new products taking shape, Color Kinetics —
led by Mueller and Lys — promises to keep Boston on the map
as the city that brought lighting and color into the digital age.
Note: Photography and bios available upon request.
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