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COLOR KINETICS AWARDED PATENT RELATING TO SYNCHRONIZED LIGHTING EFFECTS
Boston, MA - October 12, 2004 -Color Kinetics Incorporated (NASDAQ: CLRK), a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies, today announced that it has been awarded a patent relating to the synchronization of intelligent solid-state lighting systems and effects.
Issued October 5, 2004, US patent number 6,801,003 covers certain systems and methods for synchronizing lighting effects between various LED-based lighting systems without the use of a network. For example, one means for synchronizing lights is monitoring fluctuations in the power that is delivered. The patent covers methods that are applied today in pool and spa lighting systems, and has potential for use in other fields such as specifier-grade architectural lighting, retail and display lighting, and consumer products that require the intelligence for synchronized lighting effects without the network infrastructure.
"The issuance of this latest patent reflects Color Kinetics' pioneering efforts in developing technologies and techniques that realize the potential of LEDs as an inherently intelligent light source," said George Mueller, Chairman and CEO, Color Kinetics. "The ability to synchronize LED-based lighting effects without the use of a network represents another innovation in intelligent control, and allows for wider-ranging applications in both new and existing lighting environments."
About Color Kinetics
Color Kinetics Incorporated (NASDAQ: CLRK) is a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies. The company's award-winning product lines apply the practical and aesthetic benefits of LEDs to transcend the limits of traditional light sources for use in high-performance lighting and OEM and licensing applications. Its products and technologies leverage a patented layer of digital intelligence, called Chromacore®, to generate and control millions of colors and dynamic lighting effects. Color Kinetics holds 36 patents and has over 120 patent applications pending that apply to many aspects of solid-state lighting technology. Founded in 1997, the company is headquartered in Boston, MA with offices in the UK, China, and a joint venture in Japan. More information can be found at www.colorkinetics.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Annual Report regarding Color Kinetics Incorporated’s business that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements involve risks and uncertainties, are only predictions and may differ materially from actual future events and results. For a discussion of such risks and uncertainties, see “Risk Factors” in the Company’s Registration Statement on Form S-1, File Number 333-114386, and in its Annual Report on Form 10-K for the Twelve Months Ended December 31, 2004, each as filed with the Securities and Exchange Commission.
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