Friday, October 08, 2010

New Vu1 Light Bulb a Big Step Closer

A company I have been watching with interest since learning about their new technology earlier this year has just announced UL Certification.

I must admit that I am a shareholder. As soon as I heard that they were creating an energy efficient lightbulb with no mercury that creates light similar to incandescent and will cost about the same as a high quality compact fluorescent (CFL), I just HAD to jump on board for the ride.

This is so exciting! I can hardly wait to get my hands on their new R30 lamp; a replacement for all those downlights in kitchens across the nation.

Peggy


Vu1 Announces UL Certification... 8-Oct-10 10:25 am

Vu1 Announces UL Certification for Unique Clean Energy-Efficient Light Bulb; Preparation Started for Commercial Production


Vu1's Electron Stimulated Luminescence™ (ESL™) R30 reflector bulb serves addressable US market of 800 million recessed can lights and more than 140 million bulbs sold per year

Company anticipates revenue generation by the end of the 2010 fourth quarter
SEATTLE, Oct. 8 /PRNewswire/ -- Vu1 Corporation (OTC Bulletin Board: VUOC), a developer and manufacturer of mercury-free, energy-efficient, general illumination lighting technology, today announced that it has received final approval for UL listing for the Company's R30 Electron Stimulated Luminescence™ (ESL™) energy-efficient reflector light bulbs.
Vu1's R30 ESL™ bulb is a direct replacement for the 65W incandescent flood bulb. It is virtually indistinguishable from the traditional incandescent lamp it replaces and, unlike CFLs, is mercury-free. The Company's ESL™ Lighting Technology uses accelerated electrons to stimulate phosphor to create light, making the surface of the bulb "glow," providing natural light quality, energy efficiency and a long bulb life of 10,000 hours.
"Vu1 achieving UL certification for its unique Electron Stimulated Luminescence™ R30 bulb is a major milestone for the company and a testament to the skill of Vu1's development, engineering and manufacturing team based in the Czech Republic along with the hard work and dedication of everyone at Vu1 and its many supporters," commented Philip G. Styles, President and Chief Executive Officer. "The rapidly growing number of consumers and businesses that want a clean, more energy-efficient and affordable light bulb will now no longer have to accept a compromise on functionality, light quality, aesthetics or price. Vu1's groundbreaking ESL technology can create a solution for all and has the potential to be further developed into all aspects of the lighting industry."
The primary initial market for Vu1's R30 light bulb is the commercial and residential General Illumination Market, where incandescent, halogen, compact fluorescent ("CFL") and Light Emitting Diode ("LED") lighting is used. In recent years, the industry has shifted to more energy efficient lighting solutions in an effort to conserve electricity. Additionally, U.S. and international legislation has moved to phase out use of traditional incandescent bulbs in favor of more energy-efficient solutions. The U.S. has passed legislation intended to phase out the use of the incandescent light bulb beginning in 2012, with a full phase out in 2014.

More:

http://www.prnewswire.com/news-releases/...