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TerraLUX Closes Funding
with Access Venture Partners

Access Venture Partners invests in company with established leadership in the portable and general lighting markets

TerraLUX Inc. Press Release

FlashlightNews.org - 3/19/2009


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TerraLUX LED Upgrade

LED Upgrade for Streamlight Stinger and Stinger XT

BOULDER, Co. - TerraLUX closed an investment with Access Venture Partners which will accelerate its growth in the portable and general lighting markets. Details of the deal are not available but will provide TerraLUX with substantial financial capacity to add senior management plus development, manufacturing and engineering talent. In addition, TerraLUX will be able to expand its inventory to meet the increasing demand for its patented TerraLUX LED Light Engines®.

According to TerraLUX president, Dr. Anthony Catalano, "Market acceptance of our proprietary LED Light Engines in 2008 enabled TerrraLUX to expand its OEM business with major customers in the tool, medical and general lighting markets. This investment by Access Venture Partners will build upon last year's successes and enable us to gain momentum in the current high growth LED lighting markets."

TerraLUX was founded five years ago to focus strictly on the application of Solid State Lighting devices for the lighting markets. It had initial successes with LED replacements for portable and low voltage applications including four patent awards and nationwide channels for its LED upgrade kits, work lights and flashlights. Over a year ago TerraLUX began building upon this expertise to enter the general lighting market with AC lighting products that were also successful in specialty lighting and in architectural lighting arenas. TerraLUX is an official marketing partner with top LED manufacturers including Philips Lumileds via the Future Lighting Solutions Network and with Cree as a Cree LED Solution Provider.

"The tremendous demand for LED lighting in the USA is not being met today in quality, performance or efficiency by current providers. TerraLUX is entering 2009 with a plan to capitalize upon this situation by providing a new breed of OEM LED light engines for the general lighting industry. These core modules are built upon our proven expertise in thermal, electrical, optical and mechanical design coupled with high quality off-shore manufacturing. TerraLUX is committed to establishing the confidence that solid state lighting deserves and delivering a Return-On-Investment that will grow the new LED markets," said Carl Kalin, Vice-President of Sales and Marketing. He also noted, "TerraLUX InSide has become a standard in quality and performance for LED Light Engines in the portable markets; our next target is the general lighting industry."

About TerraLUX Inc.

TerraLUX Inc. invents, designs, patents, manufactures and distributes innovative high power LED OEM solutions for general lighting plus industrial, commercial, medical and retail markets. TerraLUX LED light engines are used in architectural lighting to replace MR-16, MR-11, PAR, T10 and compact fluorescent lamps. TerraLUX makes LED light engines to replace incandescent bulbs in the most popular flashlights and lighting tools on the market. In the industrial and commercial markets, TerraLUX WorkStar series of rechargeable work lights are sold nationwide to professionals, technicians and serious Do-It-Yourself enthusiasts. In the medical and dental markets, TerraLUX makes portable LED headlamps for surgeons plus portable UV lighting. TerraLUX does design and testing in Boulder, Colorado and utilizes Asian manufacturing for high volume production work.

About Access Venture Partners

Access Venture Partners is a seed and early stage venture capital fund with offices in Denver and Austin. The Fund invests in businesses in the Clean Technology, SaaS, SaaS Infrastructure, Data Integrity and New Media sectors that have exceptional management teams with the passion to build world class organizations that can redefine markets - and maybe even change the world.

For more information about TerraLUX and its products, visit: terraluxcorp.com.

For more information about Access Venture Partners, visit: AccessVP.com.

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