Lightscape Technologies Provides LED Lighting Solutions to New World Centre for Promotion of 2008 Olympics
HONG KONG -- Oct 26, 2007/PRNewswire-FirstCall/ -- Lightscape Technologies Inc. (OTC Bulletin Board: LTSC), a provider of innovative lighting design solutions, advanced lighting products and customized energy management solutions, today announced that the company has provided LED lighting solutions to the New World Centre ('NWC') in Hong Kong for the promotion of the 2008 Olympics.
The NWC is an upscale multi-use complex situated on Hong Kong's Victoria Harbour. NWC features a gross floor area of approximately 2.5 million square feet, a 6-storey shopping mall, two office towers, a 518-room serviced apartment tower and a 543-room hotel. NWC's exterior facade features an LED lighting display from the 4th to 14th floors.
The project involved the installation of the Lightscape Multimedia and Video Show Control System at the NWC. Lightscape's system consists of PC-based software and LED controller hardware which enables the authoring, control and playback of intricate, large-scale lighting shows. The system is a fully integrated solution which combines various processors, video graphics decoders, solid state electronics and sophisticated built-in intelligence.
In addition, Lightscape's lighting design team authored the lighting shows to play on NWC's pre-existing LED lighting hardware on the building's exterior facade. The new lighting show content began to play on October 13, 2007 in conjunction with Hong Kong's ceremony to promote the 300-Day Countdown to the Beijing 2008 Olympic Games. This content, which played for 10 days on the NWC facade from October 13-23, consisted of wording, graphics and patterns including the slogans 'Hong Kong Riding High with Olympic Spirit' and '300 Days to Go for 2008 Olympics'.
Bondy Tan, President and CEO of Lightscape Technologies commented, 'Hong Kong, a co-host city of the 2008 Olympic Games, will be staging the Olympic equestrian events. The Hong Kong Tourism Board and the Economic and Trade Offices of the HKSAR Government have undertaken a campaign to dress-up Hong Kong to promote the Olympic spirit in the city and to promote Hong Kong as 'Asia's World City.'
Key to this campaign is a series of promotional events on dates of significance, such as the 300, 200 and 100-day countdowns to the Olympics. The primary medium for these promotional events are the facades of selected commercial buildings lining Victoria Harbour, including NWC, which incorporate Olympic promotional messages into their exterior lighting displays.
We are very pleased that NWC selected our Lightscape Multimedia and Video Show Control System for the authoring, control and playback of lighting shows on its 10-storey facade within this high-profile promotional event. With the successful results achieved during the 300-day Olympic countdown event, Lightscape is now designing additional lighting show content for NWC. These include lighting shows for the upcoming 200 and 100-day Olympic countdown events, as well as Christmas / Chinese New Year lighting shows which incorporate Olympic themes.'
Concluded Mr. Tan, 'Lightscape is constantly seeking out new opportunities to demonstrate the strengths of its LED lighting solutions, and we look forward to providing solutions to new clients within similar high-profile events in the future.'
More information regarding Lightscape can be found on the Company's website at: www.lightscapetech.com.hk
About Lightscape Technologies
Lightscape Technologies Inc. (OTC Bulletin Board: LTSC) delivers innovative lighting design solutions, advanced lighting products and customized energy management solutions. Through wholly owned subsidiary Lightscape Technologies (Greater China) Limited, Lightscape Technologies designs, markets and sells LED-based lighting systems, licenses proprietary LED digital controller software, and provides LED screen rentals. Through subsidiary Beijing Illumination (Hong Kong) Limited, Lightscape Technologies manufactures and sells HID (High-Intensity Discharge) lighting products and Ultra High-Pressure Mercury Lamps. Through wholly owned subsidiary Tech Team Development Limited, Lightscape Technologies provides total energy management products and solutions which optimize energy consumption, lower costs, and enhance competitiveness for clients. Our headquarters are in Hong Kong, and we have offices in Singapore, China and Macau. For additional information, please visit www.lightscapetech.com.hk
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a 'Safe Harbor' for forward-looking statements. This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified by their use of terms and phrases such as 'believe,' 'expect,' 'plan,' 'anticipate' and similar expressions identifying forward- looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Lightscape's expectations, and Lightscape expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to, risks in product development and market acceptance of and demand for the company's products and services; risks of downturns in economic conditions generally; risks of intellectual property rights associated with competition and competitive pricing pressures; Lightscape's and its subsidiaries' ability to obtain lighting design contracts from New World Group; risks of foreign sales and high customer concentration; and other factors which may cause the actual results, performance or achievements of Lightscape Technologies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
SOURCE Lightscape Technologies Inc.
Source: PR Newswire (October 26, 2007 - 1:48 PM EDT)
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