Business News

Lighting Science Group Corporation Announces Resignation of Director and Vice Chairman

Wednesday 12. March 2008 - Lighting Science Group Corporation (the "Company") (BULLETIN BOARD: LSCG) , a leading developer and integrator of energy efficient lighting solutions using LED technology, today announced that Ron Lusk, the Company's Vice Chairman and a director, has resigned as a director and employee of the Company.

In connection with his resignation, the Company and Mr. Lusk have entered into a separation agreement and an agreement pursuant to which the Company will sell to Mr. Lusk on an exclusive basis LED fixtures for use in commercial indoor parking garages sold through parking lot management companies. “We thank Ron for his years of service and look forward to working with him to increase the adoption of LED lighting for indoor parking garages,” said Govi Rao, the Company’s Chairman and Chief Executive Officer.