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Posted May 24, 2012
SATELLITE BEACH, Fla.--(BUSINESS WIRE)--Lighting Science Group Corporation (OTCBB: LSCG), one of the world's leading LED lighting manufacturers, announced the appointment of Steve Marton as its interim Chief Executive Officer following the resignation of CEO and Chairman James Haworth on May 18, 2012. The Board also announced that it has retained an executive search firm to help identify and secure a permanent CEO.
Mr. Marton has served as a Senior Operating Partner at Pegasus Capital Advisors, L.P. since April 2008 and has been actively involved in Lighting Science Group's operations, in a consulting capacity, since February 2012. He has spent over 20 years in general management, new product development and brand leadership in the consumer packaged goods and pet care industries. Prior to joining Pegasus, from 2004 to 2008, Mr. Marton served as Group President of the Office Products Division of Newell Rubbermaid, and earlier served as President and Chief Operating Officer of Hill's Pet Nutrition. He is currently Chairman of Halo, Purely for Pets as well as a board member of iGPS, Hain Pure Protein Corporation and PetSmart Charities. He is also a member of the Board of Advisors to the Cummings School of Veterinary Medicine at Tufts University.
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 1,000 workers building lighting products from domestic and imported parts. More information about Lighting Science Group is available at http://www.lsgc.com.
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Lighting Science Group Appoints Steve Marton as Interim CEO
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SATELLITE BEACH, Fla.--(BUSINESS WIRE)--
Lighting Science Group Corporation (LSCG.OB), one of the world's leading LED lighting manufacturers, announced today the appointment of Steve Marton as its interim Chief Executive Officer following the resignation of CEO and Chairman James Haworth on May 18, 2012. The Board also announced that it has retained an executive search firm to help identify and secure a permanent CEO.
Mr. Marton has served as a Senior Operating Partner at Pegasus Capital Advisors, L.P. since April 2008 and has been actively involved in Lighting Science Groups operations, in a consulting capacity, since February 2012. He has spent over 20 years in general management, new product development and brand leadership in the consumer packaged goods and pet care industries. Prior to joining Pegasus, from 2004 to 2008, Mr. Marton served as Group President of the Office Products Division of Newell Rubbermaid, and earlier served as President and Chief Operating Officer of Hills Pet Nutrition. He is currently Chairman of Halo, Purely for Pets as well as a board member of iGPS, Hain Pure Protein Corporation and PetSmart Charities. He is also a member of the Board of Advisors to the Cummings School of Veterinary Medicine at Tufts University.
About Lighting Science Group
Lighting Science Group Corporation (LSCG.OB) 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 1,000 workers building lighting products from domestic and imported parts. More information about Lighting Science Group is available at http://www.lsgc.com.
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.
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Lighting Science Group’s Board of Directors Announces Appointment of Steve Marton as Interim CEO Following Resignation ...
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GREENVILLE, S.C.--(BUSINESS WIRE)--
Hubbell Lighting (www.hubbelllighting.com), a market leader in innovative lighting technology, design and manufacturing for over 120 years, announced the launch of its new website, substantially improving the usability of the site while refreshing the look and feel with an updated progressive design.
Highlights include:
The company invites readers to visit the new website at http://www.hubbelllighting.com.
About Hubbell Lighting:
Hubbell Lighting is one of the largest lighting fixture manufacturers in North America. The company provides a full range of indoor and outdoor lighting products serving the commercial, industrial, institutional, and residential markets. Hubbell Lighting brands include Alera Lighting, Architectural Area Lighting, Beacon Products, Columbia Lighting, Compass Products, Devine Lighting, Dual-Lite, HomeStyle Lighting, Hubbell Building Automation, Hubbell Industrial Lighting, Hubbell Outdoor Lighting, Kim Lighting, Kurt Versen, Prescolite, Progress Lighting, Security Lighting, Spaulding Lighting, Sportsliter Solutions, Sterner Lighting Systems, Thomasville Lighting, and Whiteway.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50285323&lang=en
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Hubbell Lighting Unveils New Website
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FARMINGTON, Conn., May 23, 2012 /PRNewswire-iReach/ -- Global Information Inc. is pleased to announce two significant new reports on Indoor Positioning, and its impact on Location-based Services:
Indoor Positioning: Mapping, Technology & ServicesGPS-based LBS (Location-Based Services) face a significant hurdle: 90% of people's time is spent indoors. As such, Indoor positioning offers significant potential for the LBS market.
While GPS remains the technology of choice for many of the outdoor location-based services, there are a number of technologies vying to become the solution of choice indoors, from Wi-Fi or Bluetooth, to 'terrestrial' GPS, and acoustic or lighting-based solutions. A new Indoor Positioning: Mapping, Technology & Services market research report looks at each of the components of the indoor positioning ecosystem, including the market for indoor mapping, the technologies proposed and currently available, and the location-based services that can be offered.
Indoor maps are a prerequisite for providing context to the positioning offered by the various solutions mentioned above. This study analyzes this section of the ecosystem, providing an estimate of the number of maps available in 2011, and forecasting growth through to 2020, as well as providing market share information of the leading map suppliers.
This study also discusses the current abilities of various technologies proposed for use as part of a location system, before analyzing the positive and negative attributes associated with each one. Further to this, existing and forecast penetration of these technologies in smartphones and tablet PCs is provided from 2011 to 2016, along with data on notebooks.
An Executive Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/iz241107-indoor-positioning-mapping-technology-services.html
Indoor Location Positioning: Research Pipelines, Start-ups and PredictionsIn a related report, Grizzly Analytics gives an up-to-date analysis and comprehensive overview of the state of the market for indoor location positioning R&D. Research activity at the major mobile companies including Google, Microsoft, Samsung, Apple, Nokia, RIM, Cisco, Qualcomm, Broadcom, STMicroElectronics, Sony Ericsson & others is discussed. Also examined are more than thirty start-up companies that are actively bringing indoor location services to market.
A summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/griz241082-indoor-location-positioning-research-pipelines.html
Location-Based Advertising and MarketingLocation-sensitivity releases the full potential of the mobile channel. Targeting by location in combination with other contextual and behavioural segmentation greatly enhances the relevance and the effectiveness of mobile advertising. In their new Location-Based Advertising and Marketing research report, Berg Insight estimates that the total global value of the real-time mobile LBA market was 192 million in 2011, representing 5.0 percent of the total mobile ad spend. Growing at a compound annual growth rate of 90.9 percent, the real-time LBA market is forecasted to be worth 4.9 billion in 2016, corresponding to 28.3 percent of all mobile advertising and marketing. Key drivers for LBA include the growing attach rates of location technologies in handsets, as well as the increasing consumer acceptance of LBS in general.
Location is only one of many components in successful targeting, and marketers must also strive to leverage other contextual and behavioural information. High-precision real-time geotargeting is today sparsely used, and rightly so as most campaigns do not require targeting with an accuracy of a few meters. Hyper-local campaigns are nevertheless becoming more common. C. Berg Insight anticipates that geotargeting gradually will become ubiquitous and available across the entire mobile channel.
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Indoor Location-Based Services To Be the Next Multi-Billion Dollar Market Created by Smartphones
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In a move likely to inflict a sudden pang of inadequacy in bicycle clubs the world over, NL Architects has cooked up a concept both radical and supremely simple: a bicycle club with a velodrome on the roof
In a move likely to inflict a sudden pang of inadequacy in bicycle clubs the world over, NL Architects has cooked up a concept both radical and supremely simple: a bicycle club with a velodrome on the roof.
Architects are under increasing pressure, it seems, to come up with innovative uses for the roofs of the buildings they design. Where once it was perfectly acceptable for building tops to merely keep out the rain, or perhaps, at a push, prop up an air conditioning unit or two, they are now expected to combat climate change, generate energy, and if possible, provide functional living space.
Asked to come up with a design for a bicycle club to be built in a large resort somewhere in Southern China, NL Architects have arguably gone one better, proposing to site a fully functional velodrome on the roof. Sitting on top of a bike rental shop and a cafe, if built it will be perfectly possible for people to hire a bicycle and ride it for a few hours without ever leaving the building.
The Netherlands-based designers compare their concept with a traditional pagoda, with the steeply banked bends of the bicycle track forming upward-curving eaves from the point of view of outside observers. NL Architects also claims the high, protruding roof could be "very welcome" in South China's tropical climes, presumably for the shade casts in the immediate exterior.
Architizer reports that the bicycle club-cum-velodrome could be built before the year's out.
Source: NL Architects, via Architizer
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My other bicycle club has a velodrome for a roof
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BUDAPEST, May 23, 2012 /PRNewswire/ -- GRAPHISOFT, the global leader in Building Information Modeling (BIM) solutions for architects, has announced an update for its BIMx application. The BIMx 1.2.455 update for iPhone/iPad app provides native support for the iPad 3 Retina display, resulting in crisper images and stunning virtual reality.
The new iPad's Retina Display offers stunning graphics and a new level of mobility to professional, high-end visualization. At the same time, the quadrupled pixel count makes the application of interactive 3D apps like BIMx a difficult task. GRAPHISOFT was the first in the AEC space to combine performance with high quality, 3D navigational capabilities. "It is worth noting that architects operate with true, detailed BIM models and not only simple, image-mapped surfaces," said Gabor Horvath, Director of Mobile Developments at GRAPHISOFT. "Our biggest challenge -- and competitive edge -- is the way we approach a great user experience through uncompromised performance in all our applications." With BIMx and GRAPHISOFT's ArchiCAD, architects and designers can explore their project designs in a 3D environment that supports real-time 3D navigation identical to mainstream computer games. The Retina Display-compatible BIMx is available new and as an update (1.2.455) in the App Store and is free of charge.
About GRAPHISOFT GRAPHISOFT ignited the BIM revolution with ArchiCAD, the industry first BIM software for architects. GRAPHISOFT continues to lead the industry with innovative solutions such as the revolutionary GRAPHISOFT BIM Server, the world's first real-time BIM collaboration environment, and the GRAPHISOFT EcoDesigner, the world's first fully integrated building energy modeling application. GRAPHISOFT's innovative solutions have fundamentally changed the way architects around the world design and collaborate. GRAPHISOFT has been a part of the Nemetschek Group since its acquisition in 2007.
Press Information http://www.graphisoft.com press@graphisoft.com http://twitter.com/ArchiCAD
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BIMx by GRAPHISOFT is First 3D AEC App to Fully Utilize the New iPad's Retina Display
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CoStar Forecast Predicts A Couple More Years Of Flat Absorption As Supply of Shopping Center Space Remains In Sync With Demand
However, the expected moderate demand for shopping center space should stay in check with the very low levels of new supply expected over the next couple of years, according to the report presented by Senior Real Estate Strategist Suzanne Mulvee and Real Estate Economist Ryan McCullough.
"Its been a long slog for the last couple of years, but the retail market is getting healthier from a fundamentals standpoint," McCullough said in a recent presentation. "Were not seeing a lot of dynamic demand and absorption in retail today, but were also not seeing the [development] that got out of hand during the last cycle."
The modest absorption figures mask the deeper story of a retail market divided into haves and have-nots. With little new retail space under construction, centers blessed with strong demographics in constrained urban areas are likely to lease up quickly, while properties in less desirable areas will experience difficulty filling their vacancy holes, McCullough said.
Theres hope that the recovery is broadening, however, with retail chains starting to shed their aversion to risk and look beyond the safest areas in hopes of getting ahead of the growth curve over the last year in western and southern metros, where housing bust markets such as Phoenix, Las Vegas and South Florida are again showing signs of life.
The U.S. retail market recorded about 10 million square feet of absorption in the first quarter, a low level compared with the same point in past recoveries, especially given the limited new supply and strong rebound in retail sales over the last two years, McCullough said.
One reason for the modest absorption in recent quarters is that demand has slackened for space in power centers, by far the strongest sector in retail emerging from the Great Recession. While malls, strip centers, community centers and neighborhood shopping centers have consistent trailed power center, traditional anchors like Kmart and Best Buy are repositioning their stores in light of rising competition from Internet sales and other changes in buying patterns.
CoStar forecasts that power center demand will remain flat for 2012 as store closures and downsizings by some retailers partially offset the growing number of store chains that are aggressively expanding their footprints. Chains such as Kmart, Best Buy and OfficeMax are returning an estimated several million square feet of store space to the market through closures in 2012.
Many other leading chains, however, such as Wal-Mart, Dicks Sporting Goods, Target and Burlington Coat Factory, are aggressively leasing up space to take advantage of attractive rents at the trough of the market. Larger stores like Best Buy are shrinking their footprints to fit urban infill centers, while other fast-growing chains like Ross, Marshalls and Burkes Outlet take advantage of the lower rents to expand into larger spaces.
Another trend in recent years has been the emergence of outlet centers as a rival to regional malls. Even as vacancies in outlets have trended higher than either malls or power centers since mid-2010, however, publicly traded and private operators continue to compete for a share in the outlet space, headed by the worlds largest mall operator, Simon Property Group (NYSE: SPG).
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Retailers Cautiously Eyeing Expansion Into More U.S. Markets as Shopping Activity Rises
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FOREST --
One of Bedford Countys most popular residential neighborhoods plans to add a retail shopping center fronting U.S. 221 in Forest.
Maddox & Son Construction Inc. seeks to rezone two parcels to allow for a shopping center in front of the Gables of Jefferson Commons, a nine-building apartment complex with 216 units that have mostly filled since construction began a few years ago.
Andy Maddox, the companys president, wants to change the zoning from C-1, office district, to a C-2 general commercial district so two-story buildings could be built facing U.S. 221 on opposite sides of the entrance to the complex. The buildings would have retail space on the first floor and apartments on the second and would be the first housing in Forest to locate atop retail commercial space.
The countys department of community development on Wednesday hosted a neighborhood information meeting on the rezoning at the Forest Public Library. Besides Maddox and the project engineer, only one adjacent property owner and Forest District planning commission member Fred Fralick attended.
Maddox, whose company also constructed similar Gables projects in Wyndhurst and Cornerstone in Lynchburg, said a couple of restaurants are interested in locating to the proposed shopping center. He said he has sent information to other chains but no announcements are ready at this time. He added he wants to attract anchors to the area.
He envisions 20 units of loft style apartments between the two buildings that would be mostly single-bedroom. The residential portion of the project would allow for more patience with the commercial aspect.
Our intentions are not to compromise our property behind, he said, referring to the Gables complex. We want to be selective.
The exact square-footage of the buildings was not stated Wednesday, but Maddox said the land allows for about 25,000-square-feet of space combined.
Maddox said he hears from businesses that they want to locate to Forest but do not want to go as far as Perrowville Road. Current zoning of the parcels is very limited to office uses, county planner Brad Robinson said.
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Forest retail center planned for U.S. 221 complex
25 May 2012
PhotonStar LED Group plc
Appointment of Interim CFO Services
PhotonStar LED Group plc (AIM: PSL, "PhotonStar" or "the Group"), the British designer and manufacturer of smart LED lighting solutions, has announced the appointment of CFO Solutions Limited to provide Interim CFO services to the Group. This appointment is being made pending the recruitment of a replacement for CFO Ceri Jones, who leaves the business today, following a handover, as announced 28 March 2011.
CFO Solutions, based in Chichester, West Sussex, provides outsourced Finance Director services to both public and private companies in London and the South East. Principals Nigel Souster and Nigel Lee, between them have over 40 years' experience working at Big 5 accountancy firms. Nigel Souster was a partner at PricewaterhouseCoopers in Southampton for 20 years, whilst Nigel Lee brings a wealth of experience from 11 years at PricewaterhouseCoopers, and more recently as a Finance Director and Controller in a number of IT companies.
CFO Solutions has had a long standing relationship with PhotonStar having been involved with the business since its inception and has recently been advising the Board.
James McKenzie,CEO of PhotonStar LED Group PLC, commented
"CFO Solutions, and Nigel Lee in particular, has provided the financial support and advice needed to guide PhotonStar LED from its start in 2007 to the reverse take-over of Enfis in 2010.
"This experience and deep understanding of the PhotonStar business makes CFO Solutions the obvious choice for the interim CFO role."
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Photonstar LED Group - Appointment of Interim CFO Services
NEW YORK, May 24, 2012 /PRNewswire/ --Perkins+Will, a leading international design firm ranked number one in the Architect 50 list produced by the American Institute of Architects' Architect magazine, announced today that it is in discussions about the potential opportunity to join with London-based Pringle Brandon, an architecture and design leader in the UK, which has enjoyed its second consecutive year of double digit growth.
The London offices would be known as Pringle Brandon Perkins+Will. The combined list of key clients would span multiple sectors including corporate & commercial, education, healthcare, media, public sector, science & technology, sports & recreation, and transportation. The partners, Jack Pringle, Chris Brandon, William Poole-Wilson, Fiona Balance, and Linzi Cassels would continue to lead the combined businesses.
Pringle Brandon Drew would also operate as Pringle Brandon Perkins+Will. This recently launched practice, offering base build architectural services and strategic advice, is led by former Rafael Vinoly and Foster + Partners architect John Drew, and is currently working on 2.5 million square feet of commercial and mixed-use development in the UK.
By joining forces with Pringle Brandon, Perkins+Will would continue its ongoing strategic development in talent, services, markets, and geographical presence. Pringle Brandon and its 90 professionals would benefit from being able to offer existing and potential clients a greater range of services across a wider international field. Perkins+Will provides integrated design services including architecture, interior design, branded environments, and urban design.
"Pringle Brandon's stature in corporate interiors, workplace strategy, and more recently architecture, is a compelling complement to Perkins+Will and would enhance our ability to provide local resources to clients throughoutEurope," said Phil Harrison, president and chief executive officer of Perkins+Will.
"Not least, Pringle Brandon has been a vanguard for transforming sustainable architectural practices in the UK. This kind of enterprising leadership exemplifies our shared commitment to sustainable design, research, and innovation, and is the kind of talent that we've had great success integrating and supporting as we grow strategically," he added.
Jack Pringle, joint founder of Pringle Brandon said, "After two years of expansion and success through the recession, we need to keep developing our practice and we are convinced that Perkins+Will's combination of design excellence, broad expertise, and ethos of social and environmental responsibility both meshes with who we are and would enable us to take our client offering to an entirely new level."
Chris Brandon, co-founder of Pringle Brandon, added, "We are extremely excited about the increased possibilities this opportunity would bring us. We've enjoyed two years of diversification, growth, and expansion across Europe, and Perkins+Will can bring a depth of expertise across markets that would have taken us many more years to build. We want to continue to be a leader at home and expand our horizons abroad."
Founded 77 years ago and with 21 offices in North America and a total of 24 globally, Perkins+Will is a top global design firm renowned for innovation and sustainable design. The firm has more than 1,000 LEED Accredited Professionals and recently completed the highest-rated LEED Platinum building in North America. It also has widespread expertise in the corporate, education, science, and healthcare sectors.
Pringle Brandon comes to this potential partnership having celebrated 25 years in business in 2011. The firm specializes in corporate interiors and architecture and has been ranked number one in the annual London Interior Architect Rankings compiled by Metropolis Property Research for two years running. It is also at the forefront of research for fit-out and workplace consultancy, publishing ground breaking reports starting with the prescient 20:20 Vision in 1996, predicting the impact of flat-screen technology on office design. More recently, the practice has helped develop and pilot the UK refurbishment and fit-out environmental assessment Ska Rating tool and undertaken workplace density research for the British Council for Offices, which sets the specification for all UK offices. The senior team is also highly regarded with Jack Pringle a former Royal Institute of British Architects President and William Poole-Wilson an active member of CoreNet UK Chapter.
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London-based Pringle Brandon in Discussions to Join Forces With Leading Integrated Design Firm Perkins+Will
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