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Press Release
Printable Version
LIGHTFAIR INTERNATIONAL 2002
Booth #1932
MORE BRIGHT, MORE CHOICE: NOW THAT'S A HIGH FIVE!
Color Kinetics Delivers on LED Price/Performance Promise; Cuts Prices on All Illumination Products by Up to 55%

SAN FRANCISCO - LIGHTFAIR INTERNATIONAL 2002 - June 3, 2002 - Celebrating five years of LED innovation, Color Kinetics Incorporated delivers on the promise of LEDs with significant price reductions on all of its award-winning illumination products. In addition, building upon the latest semiconductor advancements and the company's role as the leader in intelligent LED illumination technologies, the company is introducing new products that offer dramatic performance improvements. For example, for a system comparable to the company's original C-200 fixture, Color Kinetics can now deliver a product with five times the intensity at a 55% lower price than five years ago.

As an emerging technology, LEDs are riding the "silicon cost curve" of increased performance for decreased price over time. "Color Kinetics has always championed the idea that the LED price/performance curve would reach a point where it would become competitive with conventional light sources, and the momentum this curve is gaining will speed the adoption of solid state illumination among a wide variety of applications," notes Bill Sims, President and COO of Color Kinetics. "It also boosts Color Kinetics' market competitiveness, largely diminishing the last area in which traditional lighting methods were able to challenge our intelligent LED-based illumination: price."

In leading the advancement and adoption of solid-state illumination through its patented Chromacore® technology and other intellectual property holdings, Color Kinetics has been driving and expanding the far-reaching potential of LEDs since the company's founding five years ago. As the recognized pioneer and leader in the LED illumination space, Color Kinetics has developed strong working partnerships with LED manufacturers that afford the company unrivaled access to the newest and brightest LEDs. As a result, Color Kinetics is able to offer superior performance in its products at reduced prices for its customers --- a development that company expects to expand upon as the LED price/performance curve continues to improve.

Now in its fifth year of operation, Color Kinetics celebrates its fifth appearance at Lightfair International with five major announcements dubbed the "High 5." In addition to the announcement of significant across-the-board price reductions on all Color Kinetics illumination products, other High 5 announcements include exciting developments in the intelligent white light space, five new color changing products that expand the range of Color Kinetics intelligent LED fixtures, a new line of single color LED fixtures making Color Kinetics a one stop shop for all LED fixture needs, and the adoption of Chromacore technologies in five new industries.


About Color Kinetics
Color Kinetics Incorporated is the pioneer of intelligent solid-state illumination technologies. The company designs, manufactures and markets an award-winning line of products that apply the practical and aesthetic benefits of LEDs to transcend the limits of traditional light sources for use in professional, consumer, and OEM and licensing applications. Its flagship line of technologies leverage a patented layer of digital intelligence, called Chromacore®, to generate and control millions of colors and dynamic lighting effects. Color Kinetics leads the industry in solid-state lighting innovation, including the custom engineered Chromasic® microchip, and holds a growing patent portfolio encompassing a number of emerging digital technologies. Founded in 1997, the company is privately held and is headquartered in Boston, MA with offices in the UK, China, and a joint venture in Japan. More information can be found at http://www.colorkinetics.com.


Contact Info
Felicia Spagnoli:
fspagnoli@colorkinetics.com
Media Relations
Color Kinetics Incorporated
781-418-9292

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