This financing allows us to invest in international market expansion ahead of plan

Founded in 2006, Lumenpulse is establishing a leadership position within the LED fixtures market based on significant demand for its award-winning product families.  In 2011, its specification-grade, sustainable products have won a number of prestigious awards including an Innovation Award at Lightfair and two PIA Gold Medals awarded by Architectural led high bay light Magazine. As a result, orders for the Company’s products continue to increase throughout North America; recent key landmark projects such as BC Place Stadium in Vancouver, the Yale-New Haven Hospital atrium, the "Lantern of Hope" at Banner MD Anderson Cancer Center in Gilbert, AZ, and BMW US Headquarters in New York all chose Lumenpulse to achieve their lighting goals.

Based on the growing worldwide opportunity for our products, we are now focused on bringing the vision of the company to life for our clients, with cutting-edge architectural LED fixtures that meet the needs of architects and lighting designers from a design, performance and a sustainability perspective. This financing allows us to invest in international market expansion ahead of plan, to further enhance our product development capabilities and to ensure our manufacturing strategies and capacity are solidly in place to meet the accelerating demand for our products," said François-Xavier Souvay, Founder, President and CEO of Lumenpulse.

GNC retail display shelves are approximately 80% more efficient than the halogen bulbs they replace, are fully dimmable and have approximately 50% more lumens than competing products.Asides from that , the stores will also save money on maintenance and cooling costs, since the company's bulbs will last 50,000 hours and give off very little heat unlike the halogen bulbs led linear high bay light that they replace. As such, GNC estimates that the lighting upgrade will pay for itself in one to two years—with energy and maintenance savings continuing to shave costs from the retail chain's bottom line for many years thereafter.

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