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PRESS RELEASE

Lighting Science Group Helps New York Ring in the New Year in an Illuminating Fashion

NEW YORK, Dec. 20 /PRNewswire/ -- At the stroke of midnight on January 1, 2008, New Yorkers - and people around the World - will ring in the New Year under the glow of a brighter and more energy-efficient Times Square ball illuminated by cutting edge Light Emitting Diode (LED) technology.

"For the first time in history, New Year's eve's most iconic image, the Times Square Ball, will be lit by LEDs," said Govi Rao, chairman and chief executive officer of Lighting Science Group, the company responsible for making it possible.

Lighting Science Group (LSG) was commissioned by Philips Lighting to develop an LED lighting system to deliver the first environmentally friendly, brighter, more responsive New Year's Eve ball, while maintaining the core lighting elements of the old ball. The new ball is 6 feet in diameter and weighs 1,200 pounds, and consists of 9,576 Philips' LEDs and 672 of Waterford's double-cut crystals.

"Lighting Science was selected as a partner by Philips because we have a proven track record of successfully managing very complex LED projects from design to execution. In addition, we have unique capabilities to design and integrate hardware and software solutions -- including optics, thermal management, power supplies and drivers -- that control LEDs and provide a completely integrated solution," said Govi Rao.

The new ball incorporates both colored and white LEDs. The colored LEDs were designed to consume only 1-2 Watts of energy while delivering the same light output as last year's 40-Watt colored incandescent bulbs.

Rao continued, "LED's are the most responsive, and among the most energy efficient lighting technologies ever created. Finding a way to integrate the flexibility of all the ball's elements with the vision of the lighting designers was a unique challenge for LSG. Our engineers were able to create an integrated package that highlights all the best features of each element, the Philips LEDs, and the Waterford Crystals, to generate breath-taking displays, and lighting effects."

Countdown Entertainment, owners of the Time Square New Year's Eve event, commissioned Philips Lighting and Waterford Crystal to create the new ball. Lighting Science was hired by Philips to integrate both companies' technologies - specifically designing, integrating and assembling light engines to manage the ball's power and communications signals - to guarantee that this unique structure works on queue at the stroke of Midnight.

Lighting Science worked closely with Focus Lighting, the ball's lighting designer, and Hudson Scenic, the ball's structural framework designer and manufacturer, to ensure that the overall integration went seamlessly.

"The technology platform developed by Lighting Science boasts more than 16 million vivid, vibrant, highly-saturated colors as well as billions of possible effects," added Rao. "This New Year's Eve ball highlights our unique capabilities in delivering high performance LED based solutions and we are proud to help the world usher in the New Year - in a more responsible way."

About Lighting Science

Lighting Science Group Corporation (www.lsgc.com) designs and sells highly energy efficient and environmentally friendly lighting solutions. The Company's patented and patent-pending designs in power management, thermal management, manufacturing processes and other areas seek to reduce energy consumption while delivering environmental benefits and cost savings to the end-user. The company designs and manufactures ready to use LED lamps and luminaires as well as provides customized lighting solutions for architectural and artistic projects worldwide. Lighting Science has offices in New York City, Sacramento, Satellite Beach, FL, Dallas, Tokyo and the United Kingdom.

Certain statements in this document constitute "forward-looking statements" relating to Lighting Science Group Corporation within the meaning of the Private Securities Litigation Reform Act of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements.

Source: Lighting Science Group Corporation

CONTACT: Media, Lewis Goldberg, +1-212-896-1216, lgoldberg@kcsa.com, or
Investor & Analyst, Jeffrey Goldberger, +1-212-896-1216, jgoldberger@ksca.com,
both of KCSA Worldwide for Lighting Science Group Corporation

Web site: http://www.lsgc.com/

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