NEW YORK, Sept. 28, 2011 /PRNewswire/ -- Vu1 Corporation
(OTCBB: VUOC), a developer and manufacturer of mercury-free,
energy-efficient, general illumination lighting technology, today
announced that John Rehfeld, a
seasoned, marketing-driven executive, has been elected to its Board
of Directors. Mr. Rehfeld will also chair the Audit and
Compensation Committees.
Mr. Rehfeld has a strong track record of launching and
commercializing technical innovations through third party
distribution channels into the business and consumer markets.
The Company believes his addition to the Board is timely as
Vu1 is currently preparing to launch its Electron Stimulated
Luminescence™ (ESL) light bulbs to US consumers. Mr. Rehfeld
currently serves as an outside Board member of two public software
and hardware technology companies (Lantronix and Local.com) and an
architectural products company (Enkeboll Designs). Additionally, he
is a CEO Coach and Adjunct Professor in the Pepperdine University and University of San Diego executive MBA programs.
"I am delighted to have someone with John's expertise and
experience join Vu1's Board of Directors," commented William B. Smith, Vu1's Chairman. "As we
prepare to launch our ESL light bulbs into the US market, we all
welcome his strategic insight specifically because he has been able
to grow businesses from relatively small revenue bases to hundreds
of millions of dollars. It will be these successes that the
Board and senior executive leadership will collectively leverage so
we can achieve similar results for Vu1."
"Throughout my career I have always been drawn to new and
exciting product technology advancements – this naturally drew me
to Vu1 and its disruptive ESL lighting technology," commented
John Rehfeld, Director. "As I
learned more about the possibilities of ESL, I clearly wanted to
lend my support to hasten the possibilities. Therefore, my
objective is to work closely with the Board and Vu1's senior
executive leadership, including Scott
Blackstone (CEO) and Bill
Hamlin (interim President, COO and Director) to ensure Vu1
has the resources and strategic plan to capture consumer mindset,
market share and increase shareholder value."
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 Michael Polyviou at (212) 885-0453. For product
and sales inquiries, please contact Chris
Reilly at (704) 929-7872.
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 the
necessary funding required for our operations, the future
demonstration and commercial availability of our light bulb,
independent testing laboratories certification results, timing for
bulb production, manufacturing capability of our facility, future
interest of channel partners and distributors, our strategic
planning and business development plans, future applications of the
technology, 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