Fiberstars Announces Breakthrough in Fiber Optic Lighting.Business Editors, Technology Writers NEW YORK--(BUSINESS WIRE)--May 9, 2000 CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. technology is three times more efficient than conventional lighting, twice as efficient as existing fiber optic systems Fiberstars, Inc. (Nasdaq: FBST FBST Food Bank of the Southern Tier (Elmira, NY) ), the world's leading supplier of fiber optic lighting, demonstrated at the International Light Fair Show here today a new metal halide halide: see halogen. lighting system that significantly boosts the efficiency and performance of fiber optic lighting. The innovative technology is expected to lead to an increase in the number of applications suitable for fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber lighting. Jointly developed with Venture Lighting International, the technology is applicable for both fiber optics as well as electric downlighting. Fiberstars has several patents-pending on the inventions in the new system. The new technology features Compound Parabolic par·a·bol·ic also par·a·bol·i·cal adj. 1. Of or similar to a parable. 2. Of or having the form of a parabola or paraboloid. Collector (CPC) optics that result in higher light collection efficiency and more even light distribution. The version of the new system being demonstrated is three times more efficient than conventional electric lighting and twice as efficient as existing metal halide fiber optic systems. In addition, the CPC technology is 1/10 the size of current systems, making it lower in cost to manufacture. Commenting on the new system, Fiberstars CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , David Ruckert said, "Fiberstars believes this new CPC system will be a breakthrough that moves fiber optics into general lighting. The system being demonstrated at Light Fair produces the light output of six 50-watt halogen lamps through fiber optics from one 78-watt system, at competitive cost. We expect to market the new system in 2001." The system utilizes a 68-watt arc tube and operates on a lightweight, compact DC electronic ballast that provides reliable, cool and quiet operation. This improves upon one of the drawbacks of normal conventional lighting, which emit heat and can buzz noisily over time. The unit incorporates advanced thin film reflective coatings from Deposition Sciences Inc., as well as proprietary, nonimaging optic technology that uses virtually all the available light from the arc tube. Venture Lighting and Deposition Sciences Inc. are divisions of Advanced Lighting Technologies Inc. (Nasdaq: ADLT ADLT Adult ADLT Assertion Definition Language Translator (toolset) ADLT Advanced Discriminating LADAR Technology ADLT Automated Display List Testing ). About Fiberstars Fiberstars is the world's leading supplier of fiber optic lighting, with products designed, manufactured and marketed in the commercial lighting, sign and swimming pool and spa markets. Products are designed for either professional or homeowner installation. Fiberstars fiber optic lighting helps to enhance the appearance of such well know landmarks as the Louvre Museum, Women's Basketball Hall of Fame The Women's Basketball Hall of Fame honors men and women who have contributed to the sport of women's basketball. The Hall of Fame opened in 1999 in Knoxville, Tennessee, USA. , Church of Holy Sepulchre SEPULCHRE. The place where a corpse is buried. The violation of sepulchres is a misdemeanor at common law. Vide Dead bodies. in Jerusalem, Harrah's Casino, and Sony Metreon Project, San Francisco (Playstation display). Company headquarters are located in Fremont, California. Telephone (510) 490-0719. Web site: http://www.fiberstars.com Forward-looking statements in this release and presentational materials on the web site are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements include statements regarding the sales and profit contribution of CPC technology to future Fiberstars business. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factor that could affect the Company's future include a failure to develop marketable products from CPC technologies, unanticipated costs of integrating Unison into the Fiberstars operation, delays in manufacturing of products, increased competition, a significant slowdown in geographic economies where the Company markets its products, other adverse sales and distribution factors and greater than anticipated costs and/or warranty expenses. For more information about potential factors which could affect Fiberstars financial results, please refer to the Fiberstars Annual Report on Form 10-K for the year ended December 31, 1999, which is on file with the Securities and Exchange Commission. |
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