Fiberstars EFO(TM) Lights the World's First 'Green' Passenger Vessel
Posted on: Wednesday, 13 December 2006, 09:00 CST
SOLON, Ohio, Dec. 13 /PRNewswire-FirstCall/ -- Fiberstars, Inc. , the global leader in fiber optic lighting, announced today that it is providing exterior lighting for the RiverQuest Explorer, the world's first environmentally friendly "Green Boat." The RiverQuest Explorer is the brainchild of RiverQuest, a non-profit educational organization (formerly called Pittsburg Voyager). The ship includes approximately 110 different green technologies. The use of Fiberstars fiber optic products on this vessel, including Fiberstars EFO(R), highlights the durability and energy efficient characteristics of Fiberstars lighting.
In addition to providing an educational platform for 10,000 students a year, the Green Boat will serve as a real world application of sustainable design, a concept becoming commonplace for buildings but never seen before with marine vessels. The designers were looking for technologies that could incorporate design guidelines similar to LEED (Leadership in Energy and Environmental Design) standards for buildings, which have not yet been established for marine shipping. Fiberstars lighting solutions support RiverQuest's mission of providing a flagship vessel to inspire youth and provide river-based experiential learning about the environment, energy and sustainability. The Explorer replaced one of the organization's more polluting older ships, a former Navy ship built in 1965.
"The RiverQuest Explorer is an exciting project for Fiberstars, and further demonstrates the wide range of Fiberstars applications, including marine applications," said John Davenport, CEO of Fiberstars. "The selection of Fiberstars for this important educational project speaks to the unique qualities of our fiber optic technology and value proposition for buildings as well as marine vessels."
Fiberstars products are used in retail stores, restaurants, museums, hotels and casinos around the world in addition to US Navy ships at sea. Fiberstars lighting, along with the other environmentally friendly technologies on board the Explorer will reduce the overall energy consumption of the RiverQuest fleet by nearly 50% and will also eliminate a significant portion of its green house gas emissions.
About Fiberstars, Inc.
Fiberstars, Inc., is the leading supplier of fiber optic lighting and the world's only supplier of EFO(R), a lighting technology which is more efficient than conventional electric lamps. Fiberstars products are designed, manufactured and marketed for the commercial lighting, sign and swimming pool, and spa markets. Fiberstars fiber optic lighting provides energy savings, aesthetic, safety and maintenance cost benefits over conventional lighting. Customers include supermarket chains, retail stores, fast food restaurants, theme parks and casinos, hotels, swimming pool builders, spa manufacturers and many others. Company headquarters are located at 32000 Aurora Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, New York City, United Kingdom and Germany. For more information, see http://www.fiberstars.com/ .
Safe Harbor Statement
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for EFO systems, and the benefits and customer expansion potential involving EFO. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, the slowing U.S. and world economy and its effects on Fiberstars' markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectation. For more information about potential factors which could affect Fiberstars financial results, please refer to Fiberstars' SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2005, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Fiberstars disclaims any intention or obligation to update or revise any forward-looking statements.
Fiberstars, Inc.
CONTACT: media, Nathan Tinker, +1-203-229-0358, ornathan@antennagroup.com, or Neil Torres, +1-415-977-1942, orneil@antennagroup.com, both of Antenna Group for Fiberstars
Web site: http://www.fiberstars.com/
Source: PRNewswire-FirstCall
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