These LEDs also have a much longer life expectancy than our old units, so we'll reduce labour and change out costs. It's good for business and good for the environment."Technological developments have made LEDs available for a wide variety of applications, and they've become increasingly popular as more and more organizations recognize their economic and ecological benefits."We're very pleased with our investment,"concluded DeWolfe. "We benefit from reduced consumption, with no change in lighting quality. LEDs are a great way to integrate good financial sense with good corporate citizenship."
This investment marks a significant growth milestone for TerraLUX and is a strong endorsement of the accumulated intellectual property, robust and diverse customer base and TerraLUX success in solid state lighting,” said Jim Miller, President and CEO of TerraLUX. “We are pleased to have partnered with Emerald given their understanding of the sector, strong track record, international network and philosophy of working together as a team to achieve great success. We are also pleased with the ongoing support of Access Venture Partners.”
“TerraLUX has all the elements we look for in an excellent investment opportunity. It is a capital efficient business has a superior product platform and demonstrated product performance. Alongside of an established and growing revenue base and a spectacular team capable of executing on high growth markets, TerraLUX uses the latest high-power LED components to produce exceptional products and distributes LED-based lighting solutions to a variety of markets.” said Whitney Rockley, Partner with Emerald Technology Ventures. “We are delighted to work alongside of Jim Miller, Tony Catalano and David Gold (Partner, Access Venture Partners) to grow TerraLUX into a world-class LED module company.” As part of this financing, Whitney Rockley has joined the TerraLUX Board of Directors.
This investment marks a significant growth milestone for TerraLUX and is a strong endorsement of the accumulated intellectual property, robust and diverse customer base and TerraLUX success in solid state lighting,” said Jim Miller, President and CEO of TerraLUX. “We are pleased to have partnered with Emerald given their understanding of the sector, strong track record, international network and philosophy of working together as a team to achieve great success. We are also pleased with the ongoing support of Access Venture Partners.”
“TerraLUX has all the elements we look for in an excellent investment opportunity. It is a capital efficient business has a superior product platform and demonstrated product performance. Alongside of an established and growing revenue base and a spectacular team capable of executing on high growth markets, TerraLUX uses the latest high-power LED components to produce exceptional products and distributes LED-based lighting solutions to a variety of markets.” said Whitney Rockley, Partner with Emerald Technology Ventures. “We are delighted to work alongside of Jim Miller, Tony Catalano and David Gold (Partner, Access Venture Partners) to grow TerraLUX into a world-class LED module company.” As part of this financing, Whitney Rockley has joined the TerraLUX Board of Directors.
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