Lighting Science Group Corp. Ranked in Top 500 Fastest Growing Companies For Third Consecutive Year in North America on Deloi...
November 17 2014 - 12:45PM
Business Wire
Attributes 165% Revenue Growth to LSG’s Quick
Response to Market Changes and Smart Disruptive LED Innovation
Lighting Science Group Corporation (OTCQB:LSCG) today
announced that it has ranked once again on Deloitte’s Technology
Fast 500™, a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America. Award winners for 2014 are selected based on revenue
growth from 2009 to 2013. Lighting Science grew 165% during this
period.
Lighitng Science’s chief executive officer, Edward Bednarcik,
credits a continued focus on delivering innovative lighting
solutions to the market that solve real customer problems. “We, as
a team, take tremendous pride in this accomplishment, which
recognizes LSG as the fastest growing lighting company during this
period. It’s truly an honor to be recognized alongside such
incredible companies as Facebook and Tesla and we look forward to
continuing to delight our customers.”
“The companies ranked on the 2014 Deloitte Technology Fast 500
continue to set the bar for their industry higher each year,” said
Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology,
media and telecommunications leader. “There are so many exciting
products and smart thought leaders driving this list. We
congratulate the Fast 500 companies and look forward to seeing them
continue their momentum into 2015.”
Lighting Science Group has had the distinction of being a past
recipient of this prestigious award, both in 2012 and again in
2013. Overall, 2014 Technology Fast 500™ companies achieved revenue
growth ranging from 135 percent to 123,678 percent from 2009 to
2013, with an average growth of 1,640 percent.
“For 20 years, the Deloitte Fast 500 rankings have honored the
innovation that is part of these companies’ DNA,” added Jim Atwell,
national managing partner of the emerging growth company practice,
Deloitte & Touche LLP. “We’re glad to be serving these
high-growth companies, and helping the technology sector recognize
the great strides and transformation these companies are making in
their respective areas.”
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a
ranking of the fastest growing technology, media,
telecommunications, life sciences and clean technology companies –
both public and private – in North America. Technology Fast 500
award winners are selected based on percentage fiscal year revenue
growth from 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company's operating revenues. Companies must have base-year
operating revenues of at least $50,000 USD or CD, and current-year
operating revenues of at least $5 million USD or CD. Additionally,
companies must have been in business for a minimum of five years
and be headquartered within North America.
About Lighting Science Group Corporation
Lighting Science (OTCQB:LSCG) is a global leader in
innovative LED lighting solutions that designs, manufactures and
brings to market the most advanced and intelligent products for
both consumer, professional and retail applications. By inventing
breakthrough, award-winning, LED lamps and lighting fixtures that
truly work in sync with nature, we follow one of our core values by
being committed to unleash the science of light to make people, and
our planet, look, feel and heal better. Lighting Science Group is
headquartered in Melbourne, FL, with an Asian office located in
Hong Kong, China. Find out more at www.lsgc.com or
www.definitydigital.com and join us on Twitter, Facebook,
LinkedIn and the Lighting Science Blog.
Lighting Science Group CorporationKate Kaminski,
321-610-9541Marketingkate.kaminski@lsgc.com
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