Oct 29 2007
Lightscape Technologies Inc., a provider of innovative lighting design solutions, advanced lighting products and customized energy management solutions, today announced the company's participation in the Hong Kong International Lighting Fair 2007 (HKILF) which will be held at the Hong Kong Convention and Exhibition Centre from October 28-31, 2007.
Bondy Tan, President and CEO of Lightscape Technologies commented, "Lightscape's participation in the HKILF is a key business development initiative for our company this year. The overall goal of Lightscape's participation in the HKILF is to further establish solid foundations for future revenue growth by enhancing the exposure of our LED lighting solutions and our company to potential customers and strategic partners.
Lightscape's participation in the HKILF will consist primarily of multiple trade show booths managed by its sales and marketing personnel. We intend to introduce our state of the art lighting design solutions to many potential clients, particularly major real estate developers.
At the fair, we plan to introduce several key new products. These include our recently revamped Lightscape Multimedia and Video Show Control System. This product is a user-friendly, PC-based software system for the authoring, control and playback of intricate, large-scale lighting and audio effects. The product is a fully integrated solution which combines various processors, video graphics decoders, solid state electronics, and sophisticated built-in intelligence. We are introducing a streamlined version of this proprietary software which has been improved in response to feedback from some of our key OEM customers.
We will also introduce two new LED-based lighting products during the fair. Our FX Glass product is an advanced decorative LED panel which displays vivid patterns, images, animation and video on a textured glass surface. Unlike typical LED video walls, FX Glass takes the appearance of textured artistic glass when not being used.
Our Wall Wash product is a powerful color mixing LED wash light composed of multiple high-output LED linear light engines developed by Lightscape. The targeted applications for FX Glass and Wall Wash include themed interiors, shopping centers, hotels, casinos, theaters, TV studios, exhibits and special events.
At the fair, we also intend to market our newest service offering, LED Screen Rental Service. This new service offering enables our clients the option to rent LED screen hardware on a short-term basis rather than directly purchasing our full LED lighting systems. The rental products we offer consist primarily of LED video panels and video walls, as well as related digital controllers and power supplies.
The primary users and target applications for our LED Screen Rental Service include advertising companies, architects, real estate developers, hotel and casino owners, corporate events, live performances, and television and film production houses. Our new LED Screen Rental Service is expected to provide a stable source of recurring revenue, and is expected to begin contributing to our revenue stream before the end of our fiscal 2008.
With our enhanced LED product and service portfolio, we have built Lightscape into a total solution provider of LED lighting systems and services to our clients, offering services encompassing lighting design consultancy, supply and build of our designed LED lighting systems, audio-visual multimedia system design and content creation, short-term LED rentals and post-sales maintenance."
Mr. Tan concluded, "We look forward to our participation in the HKILF and creating new opportunities which can drive future revenue growth for Lightscape Technologies."