Marks Second Consecutive Year EnFocus™ Has
Received this Prestigious Award
Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and
human-centric lighting (“HCL”) technologies and developer of
advanced UV-C disinfection products, has been named a 2021
Environment + Energy Leader award winner, receiving a “Top
Product of the Year” Award for the upcoming SuncycleTM, autonomous
HCL system controlled by the EnFocus™ platform. The win is a
validation of innovation and potential impact of Suncycle™ from the
program’s expert judges that consider the EnFocus™ HCL platform a
top example of breakthrough work in energy and environmental
management. This is the second consecutive year that Energy Focus
has received this elite award for its EnFocus™ lighting control
platform.
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Environment + Energy Leader "Top Product
2021" Award for EnFocus™ and Suncycle™ LED lighting solutions
(Graphic: Business Wire).
The Environment + Energy Leader Awards is a program
recognizing excellence in products and services that provide
companies with energy and environmental benefits, and in projects
implemented by companies that have improved environmental or energy
management and increased the bottom line.
The new, second-generation EnFocus™ Human-Centric Lighting
system, with EnFocus™-compatible switches and LED lamps to be
marketed under the EnFocus™ and Suncycle™ brands, enables both
commercial facilities and residential consumers to implement
flicker-free, dimmable, color-tunable and autonomous circadian LED
lighting. This system, with patented and patent-pending
technologies, drives superior light quality and capabilities at a
fraction of the cost of alternative wireline or wireless controls
by leveraging existing AC wiring for digital communications between
EnFocus™ switches and lamps. EnFocus™ Gen 2 only requires replacing
existing wall switches and common types of lamps such as
fluorescent or LED tubes (with other lamps, such as A19, BR32 and
recessed downlights expected soon) without replacing fixtures and
wall wiring, or deploying potentially security vulnerable wireless
communication protocols such as WiFi, Bluetooth, or ZigBee.
New features from the second-generation EnFocus™ platform design
that helped earn this award include an intuitive LCD screen on the
switch with pre-programmed 10-stage changes in light brightness (up
to 2250 lumens per lamp) and color temperature (2700K-6500K)
following natural daylight cycles to align with the human circadian
rhythm, the 24-hour biological clock that regulates human
sleep-wake cycles. This LED lighting control system also features
an optional occupancy sensing capability, significantly and
autonomously reducing energy consumption. They can also dim to 10%
power, achieving additional energy savings and carbon footprint
reductions. EnFocus™ lighting control systems can provide 60-90%
energy savings over fluorescent or incandescent lighting
systems.
“With a very experienced and critical judging panel and a strict
set of judging criteria, entrants faced an extremely high bar to
qualify for an award in 2021,” said Sarah Roberts, Environment +
Energy Leader publisher.
Citing reasons for awarding the EnFocus™ Gen 2 Human-Centric
Lighting Platform a Top Product of the Year award, one judge noted,
“This product provides great stand-alone lighting controls where
the dimming can provide greatly improved energy savings while the
ability to change the color can take lighting to the next
generation of improving the indoor living environment.”
Another judge said, “….it offers the possibility to improve our
productivity throughout the day and since many people have been
working from home or spending most of the time indoors, this
product could be a good option as an intelligent lighting
system.”
“The EnFocus™ Gen 2 lighting control system was invented and
designed to bring the highest levels of lighting quality, ease of
implementation and cost effectiveness to indoor environments of all
kinds across the world, and we are honored and humbled to receive
this prestigious award from Environment + Energy Leader for
the second year in a row,” said James Tu, Chairman and Chief
Executive Officer of Energy Focus. “While this whole past year has
brought a lot of challenges to the world and to the lighting
industry, we continued our mission to improve indoor environments
through our human-centric lighting innovations that include both
Gen 2 EnFocus™ as well as UV-C technologies that bring not only
greater energy efficiency and sustainability but also health
benefits. We believe Suncycle™ is poised to take the lighting
performance for both buildings and homes to a whole new,
human-centric level. Our teams are working diligently, and we
expect to make Suncycle™ products available in the U.S. in the
fourth quarter of 2021.”
About Energy Focus, Inc.
Energy Focus is an industry-leading innovator of sustainable and
human-centric lighting and lighting control technologies and
solutions, as well as UV-C Disinfection technologies and solutions.
As the creator of the first flicker-free LED lamps, Energy Focus
develops high quality LED lighting products and controls that
provide extensive energy and maintenance savings, as well as
aesthetics, safety, health and sustainability benefits over
conventional lighting. Our EnFocus™ lighting control platform
enables existing and new buildings to provide quality, convenient
and affordable, dimmable and color-tunable, circadian and
human-centric lighting capabilities. In addition, our
patent-pending UV-C Disinfection technologies and products (UV™ by
Energy Focus), announced in late 2020, aim to provide effective,
reliable and affordable UVCD solutions for buildings, facilities
and homes.
Energy Focus’ customers include U.S. and foreign navies, U.S.
federal, state and local governments, healthcare and educational
institutions, as well as Fortune 500 and middle market companies.
Since 2007, Energy Focus has installed approximately 900,000 LED
lighting products across the U.S. Navy fleet, saving more than five
million gallons of fuel and 300,000 man-hours in lighting
maintenance annually.
Energy Focus is headquartered in Solon, Ohio. For more
information, visit energyfocus.com.
About the Environment + Energy Leader Awards
For nearly a decade, the Environment + Energy Leader
Awards have celebrated excellence in the world of environmental,
sustainability and energy management. Award winners are truly
buzz-worthy, and companies that sport a Top Project or Top Product
of the Year Award badge are known to be the best of the best. When
other companies are seeking a sustainability or energy management
solution, they know that E+E Product of the Year Award winners
offer a significant group of products, vetted by experts, to peruse
for help in making their decisions. Project of the Year Award
winners are known to illustrate how sustainability and energy
management projects can successfully help other companies improve
the bottom line.
Forward-Looking Statements:
Forward-looking statements in this release are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These statements can generally be identified by
the use of forward-looking terminology, including the terms
“believes,” “estimates,” “anticipates,” “expects,” “feels,”
“seeks,” “forecasts,” “projects,” “intends,” “plans,” “may,”
“will,” “should,” “could” or “would” or, in each case, their
negative or other variations or comparable terminology. These
forward-looking statements include all matters that are not
historical facts and include statements regarding our intentions,
beliefs or current expectations concerning, among other things, our
results of operations, financial condition, liquidity, prospects,
growth, strategies, capital expenditures, and the industry in which
we operate. By their nature, forward-looking statements involve
risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. Although we
base these forward-looking statements on assumptions that we
believe are reasonable when made in light of the information
currently available to us, we caution you that forward-looking
statements are not guarantees of future performance and that our
actual results of operations, financial condition and liquidity,
and industry developments may differ materially from statements
made in or suggested by the forward-looking statements contained in
this release. We believe that important factors that could cause
our actual results to differ materially from forward-looking
statements include, but are not limited to: (i) disruptions and a
slowing in the U.S. and global economy and business interruptions
experienced by us, our customers and our suppliers as a result of
the COVID-19 pandemic and related impacts on travel, trade and
business operations; (ii) our ability to realize the expected
novelty, disinfection effectiveness, affordability and estimated
delivery timing of our UVCD products and their performance and cost
compared to other products; (iii) our ability to extend our product
portfolio into commercial services and consumer products; (iv)
market acceptance of our LED lighting, control and UVCD
technologies and products; (v) our need for additional financing in
the near term to continue our operations; (vi) our ability to
refinance or extend maturing debt on acceptable terms or at all;
(vii) our ability to continue as a going concern for a reasonable
period of time; (viii) our ability to implement plans to increase
sales and control expenses; (ix) our reliance on a limited number
of customers for a significant portion of our revenue, and our
ability to maintain or grow such sales levels; (x) our ability to
add new customers to reduce customer concentration; (xi) our
reliance on a limited number of third-party suppliers and research
and development partners, our ability to manage third-party product
development and obtain critical components and finished products
from such suppliers on acceptable terms and of acceptable quality,
and the impact of our fluctuating demand on the stability of such
suppliers; (xii) our ability to timely and efficiently transport
products from our third-party suppliers to our facility by ocean
marine channels; (xiii) our ability to increase demand in our
targeted markets and to manage sales cycles that are difficult to
predict and may span several quarters; (xiv) the timing of large
customer orders, significant expenses and fluctuations between
demand and capacity as we invest in growth opportunities; (xv) our
ability to compete effectively against companies with lower cost
structures or greater resources, or more rapid development efforts,
and new competitors in our target markets; (xvi) our ability to
successfully scale our network of sales representatives, agents,
and distributors to match the sales reach of larger, established
competitors; (xvii) our ability to attract, develop and retain
qualified personnel, and to do so in a timely manner; (xviii) the
impact of any type of legal inquiry, claim or dispute; (xix)
general economic conditions in the United States and in other
markets in which we operate or secure products; (xx) our dependence
on military maritime customers and on the levels and timing of
government funding available to such customers, as well as the
funding resources of our other customers in the public sector and
commercial markets; (xxi) business interruptions resulting from
geopolitical actions, including war and terrorism, natural
disasters, including earthquakes, typhoons, floods and fires, or
from health epidemics or pandemics or other contagious outbreaks;
(xxii) our ability to respond to new lighting technologies and
market trends, and fulfill our warranty obligations with safe and
reliable products; (xxiii) any delays we may encounter in making
new products available or fulfilling customer specifications;
(xxiv) any flaws or defects in our products or in the manner in
which they are used or installed; (xxv) our ability to protect our
intellectual property rights and other confidential information,
and manage infringement claims by others; (xxvi) our compliance
with government contracting laws and regulations, through both
direct and indirect sale channels, as well as other laws, such as
those relating to the environment and health and safety; (xxvii)
risks inherent in international markets, such as economic and
political uncertainty, changing regulatory and tax requirements and
currency fluctuations, including tariffs and other potential
barriers to international trade; (xxviii) our ability to maintain
effective internal controls and otherwise comply with our
obligations as a public company; and (xxix) our ability to maintain
compliance with the continued listing standards of The Nasdaq Stock
Market. For additional factors that could cause our actual results
to differ materially from the forward-looking statements, please
refer to our most recent annual report on Form 10-K and quarterly
reports on Form 10-Q filed with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20210720005144/en/
Media Contact: DGI Comm EnergyFocus@DGIcomm.com 212-825-3210
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