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COLOR KINETICS STRENGTHENS REGIONAL
LIGHTING SYSTEMS SALES LEADERHIP
Boston, MA - April 6, 2006 - Color Kinetics Incorporated (NASDAQ: CLRK), a leading innovator of LED lighting systems and technologies, today announced new roles for its senior sales executives. Philip O'Donnell has been promoted to Vice President, Americas, Europe and Middle East Lighting Systems Sales. Ray Letasi will become Vice President, APAC Lighting Systems Sales, including responsibility for Color Kinetics Japan.
O'Donnell joined Color Kinetics in September 2005 as Vice President of North American Sales, leading direct and channel sales for the company's Lighting Systems business. A highly-regarded lighting industry veteran, he brings extensive sales, business development, and management experience to his role, which will now include responsibility for Color Kinetics' domestic sales force, its growing sales presence in Latin America, Europe and the Middle East, and its affiliates operating across many distribution channels.
Letasi joined Color Kinetics in 1999 and most recently served as Vice President of International Sales, in which capacity he managed the company's internationally dispersed sales force and broad network of distribution partners. In his new role, Letasi will return his focus to the Asian markets, which he previously oversaw as Regional Vice President for two years. During that time he led Color Kinetics' sales initiatives and distribution partnerships, and contributed to marketshare growth in the region. He was also instrumental in building Color Kinetics' presence in the Japanese market, including the establishment of Color Kinetics Japan
About Color Kinetics
Color Kinetics Incorporated (NASDAQ: CLRK) transforms environments through new, dynamic uses of light. Its award-winning intelligent solid-state lighting systems and technologies apply the benefits of LEDs as a highly efficient, long lasting, environmentally friendly, and inherently digital source of illumination - reinventing light itself as a highly controllable medium. Color Kinetics also enables widespread adoption of intelligent solid-state lighting through OEM and licensing partnerships in diverse markets. The company is headquartered in Boston, MA with offices in the UK, China, and Japan. More information is available at www.colorkinetics.com.
"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, 2005, File Number 000-50798, and most recent 10-Q, each as filed with the Securities and Exchange Commission.
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