NEW YORK, April 14, 2011 /PRNewswire/ -- Vu1 Corporation
(OTCBB: VUOC), a developer and manufacturer of mercury-free, energy
efficient general illumination lighting technology, today confirmed
that shipments of its R30 Electron Stimulated Luminescence™ light
bulb commenced on April 13, 2011.
The bulb, which is based on Vu1's unique ESL lighting technology
platform, uses accelerated electrons to stimulate phosphor and
create light, making the surface of the bulb glow and providing
natural light quality for up to 11,000 hours. The bulbs are
fully dimmable, energy efficient, non-toxic and provide a light
quality virtually indistinguishable from traditional incandescent
light bulbs.
The R30 light bulb sells at the MSRP of $19.95 (excluding tax, shipping and handling),
approximately half the price of LEDs at the lowest end of the LED
pricing range, and is currently available for purchase on the
Company's website at www.vu1.com.
About Vu1 Corporation
New York City-based Vu1
Corporation is dedicated to applying its technology to produce
energy efficient, environmentally friendly lighting solutions
worldwide. Vu1 has developed a new energy efficient light bulb to
provide the consumer market with the first affordable, non-toxic
light bulb with features consumers are demanding and not receiving
from existing products. Learn more about Vu1 at www.Vu1.com. For
the latest news, find Vu1 on Facebook and follow us on Twitter.
For investor inquiries, please contact Ian Bailey at (212) 359-9587 or Michael Polyviou at (913) 789-9978. For product
enquiries, please contact: Integrated Sales Solutions at (678)
385-5385.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This press release includes forward-looking
statements including, but not limited to, our ability to obtain
future funding required for our operations, the future
demonstration and commercial availability of our light bulb, timing
for bulb production and sales, manufacturing capability of our
facility, future interest of channel partners and distributors, our
strategic planning and business development plans, future
applications of the technology, and the viability, pricing and
acceptance of our products in the market. These forward-looking
statements are subject to a number of risks and uncertainties that
may cause actual results to differ materially from those described
in the forward-looking statements. The words "may," "would,"
"will," "expect," "estimate," "anticipate," "believe," "intend"
and similar expressions and variations thereof are intended
to identify forward-looking statements. Investors are cautioned
that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, many of
which are beyond the company's ability to control, as well as the
risks and other factors set forth in our periodic filings with the
U.S. Securities and Exchange Commission (including our Form 10-K
for the year ended December 31, 2010
and our other periodic reports as filed from time to time).
SOURCE Vu1 Corporation