Lighting Science(R) Ranked Number 95 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500(TM)

Mon Nov 19, 2012 10:06am EST

* Reuters is not responsible for the content in this press release.

  SATELLITE BEACH, FL, Nov 19 (Marketwire) -- 
Lighting Science Group Corporation (OTCBB: LSCG), today announced it
ranked No. 95 on Deloitte's 2012 Technology Fast 500(TM), a ranking of
the 500 fastest growing technology, media, telecommunications, life
sciences and clean technology companies in North America. Lighting
Science grew 1,214 percent during this period.

    "The companies on the Fast 500 list are among those that have
demonstrated remarkable innovation, creativity and business savvy," said
Bill Ribaudo, partner, Deloitte & Touche LLP and national TMT leader for
audit and enterprise risk services (AERS). "As a result, these companies
have continued to successfully forge ahead in a challenging economic
environment. We applaud the leadership and employees of Lighting Science
for this impressive accomplishment."

    Lighting Science's Chief Commercial Officer, Keith Scott, credits
engineering innovation and a commitment to quality with the company's
1,214 percent revenue growth. "Our engineers push the boundaries of
lighting to create truly unique products in the emerging LED lighting
market. Our customers recognize the transforming innovation into reliable
products," said Scott.

    Overall, 2012 Technology Fast 500(TM) companies achieved revenue growth
ranging from 128 percent to 279,684 percent from 2007 to 2011, with an
average growth of 2,774 percent.

    For additional information on Lighting Science, visit www.lsgc.com

    About Deloitte's 2012 Technology Fast 500(TM)
 Technology Fast 500,
conducted by Deloitte & Touche 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 2007 to 2011. 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 be in business for a minimum of five
years, and be headquartered within North America.

    For additional information on Deloitte & Touche LLP, visit
www.deloitte.com

    About Lighting Science Group
 Lighting Science Group Corporation (OTCBB:
LSCG) designs, develops, manufactures and markets LED lighting solutions
that are environmentally friendlier and more energy efficient than
traditional lighting products. Lighting Science Group offers retrofit LED
lamps in form factors that match those of traditional lamps or bulbs and
LED luminaires designed for a range of applications including public and
private infrastructure for both indoor and outdoor use. Lighting Science
Group's Advanced Projects Group business unit designs, develops and
manufactures custom LED lighting solutions for architectural and artistic
projects. Lighting Science Group is headquartered in Satellite Beach,
Florida; the Company's European operations are based in Middelburg, The
Netherlands; and the Company has a sales office in Sydney, Australia.
Lighting Science Group employs approximately 800 workers building
lighting products from domestic and imported parts. Lighting Science
Group is a Pegasus Capital Advisors portfolio company. More information
about Lighting Science Group is available at www.lsgc.com

    Forward Looking Statement. Certain statements in this press release may
constitute "forward-looking statements" made under the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. These
statements include, but are not limited to, statements concerning the
performance of Lighting Science Group and its products and/or use
terminology such as "anticipate," "assume," "believe," "estimate,"
"expect," "goal," "intend," "plan," "project," "seek," "target," "soon,"
"will," "first of many" and variations of such words and similar
expressions. Such statements reflect the current view of Lighting Science
Group with respect to future events and are subject to certain risks,
uncertainties and assumptions. Known and unknown risks, uncertainties and
other factors could cause actual results to differ materially from those
contemplated by these statements. In evaluating these statements, you
should carefully review the risk factors detailed under "Risk Factors" in
our most recent filings with the Securities and Exchange Commission that
may cause our actual results to differ materially from these
forward-looking statements. 

    

Contact: 
Samantha Wood McLarty
Director of Marketing
Lighting Science Group
Phone: (321) 610-9608
E-Mail: Samantha.McLarty@lsgc.com
   
Nancy M. Valent
Public Relations
NMV Strategies
Phone: (216) 513-8740
E-Mail: nancy@NMVstrategies.com 

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