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NEW BACKLIGHTING COMPANY OFFERS
ADVANCED MICROLENS™ TECHNOLOGY WITH
INCREASED PRODUCTION ECONOMIES

Cleveland, OH, October 18, 2000 – Global Lighting Technologies, a fully integrated opto-electronics company, has been formed combining U.S. MicroLens™ technology and Far East production facilities to produce high-volume lighting systems for liquid crystal displays (LCDs) used in electronics instruments of all kinds.

The new company will combine the SolidState™ lighting division of Lumitex, Inc. of Cleveland, Ohio, with production facilities at Shinny Electronic Technology Corp., Shanghai, China, Shinny Plastics, Suzhou, China, and a new production facility to be built in Taipei, Taiwan.

"With the acquisition of Lumitex's SolidState™ division, Global Lighting will produce the most efficient backlights in the world for LCD displays in cell phones, PDAs, and other small hand-held devices," Mang-Shiang Lee, Chairman of Global Lighting commented. "The combination of SolidState and our two manufacturing plants in China creates a company that already has a track record of service and growth with high-volume electronics customers. By extending the proprietary MicroLens™ technology into larger sizes, the new factory in Taiwan will produce backlights for the expanding Asian LCD market."

"Proprietary MicroLens™ LCD backlights are typically chosen for their exceptional power efficiency and uniformity," commented Jeff Parker, CEO of Global Lighting. "By increasing our global presence and leveraging our technology, we can expand into large, growing markets such as laptop computers and desktop monitor displays. By integrating our Far East cost base with our U.S. design center, we will be among the most cost-efficient producers of illumination for liquid crystal displays."

MicroLens™ technology incorporates hundreds of thousands of miniature reflective surfaces in each LCD backlight. All variables of MicroLens™ surfaces are precisely controlled to very tight tolerances to extract light uniformly, consistently, and more efficiently than any other technology available today. The new company will have its R&D, engineering and sales offices in Cleveland, Ohio. Current manufacturing operations are in Shanghai and Suzhou, China. A new manufacturing plant in Taipei, Taiwan, is under construction and is scheduled to open in early 2001. This new facility will occupy over 200,000 square feet, with additional land available for expansion. Manufacturing will include Class 10,000 clean rooms to ensure that the highest quality standards are met.

Global Lighting holds 19 lighting technology patents and has 18 additional patents pending, ensuring its position as a world leader in high efficiency backlighting. The management group includes a world-class team of 25 engineers with specific expertise in opto-electronics, and a - highly trained direct sales force with a world-wide network of representatives who are dedicated to delivering prompt and effective customer service and support.

Lumitex will continue developing and marketing its fiber optic backlighting technology for lower volume electronics applications from its plants in Cleveland and Irvine, California. "Our future development will focus on new forms of light delivery for surgical instruments," added Peter Broer, CEO of Lumitex. "We are applying Fiber Optic, SolidState‰ and MicroLens‰ technologies to improve visibility in minimally invasive, direct-view surgery," Broer said.

For more information, contact Global Lighting Technologies, Inc., 55 Andrews Circle, Brecksville, OH 44141. Tel: 440-922-4584; Toll-Free: 866-922-4584. Fax: 440-922-4585. e-mail: info@glthome.com; web: www.glthome.com.

 

Global Lighting Technologies, Inc.

Global Lighting Technologies, Inc., USA Office, 55 Andrews Circle, Brecksville, OH 44141
Tel: 440-922-GLTI (4584) Toll Free: 866-922-GLTI (4584) Fax: 440-922-4585
Global Lighting Technologies, Inc., Taiwan Office, No. 1149, Sec. 3, Min-Chuan Rd., Chung-Li, Taiwan
Tel: 886-3-426-2828 Fax: 886-3-425-1919
E-mail: info@glthome.com (general information) sales@glthome.com (sales information)

MicroLens™ is a registered trademark of Global Lighting Technologies, Inc.