SOURCE: Luna Technologies International, Inc.

January 26, 2006 16:05 ET

Luna Technologies Offers Innovative Lease Finance Program

KENT, WA -- (MARKET WIRE) -- January 26, 2006 -- Luna Technologies International, Inc. (OTC BB: LTII) is pleased to announce a new lease financing agreement for purchasers of Lunaplast high-performance photoluminescent products. In conjunction with Westover Financial Inc of Santa Ana, California, Luna offers qualified clients the ability to explore leasing options at competitive interest rates. Over a maximum five-year term Luna clients are able to amortize the entire cost of materials as well as installation, providing a comprehensive leasing solution.

Of particular importance for the New York City market, building owners are offered a budgetary reprieve from the stringent Local Law 26 deadline. All installations within the 2000 Class E office buildings must be completed by July 1, 2006, less than 6 months from the time of this release.

Luna Director of Sales Robert Kaul explains, "Many building owners are finding this requirement a budgetary challenge. By offering financing terms, we give our clients more flexibility as they struggle to comply with Local Law 26. To date, Luna Technologies is the only manufacturer offering terms of up to five years for both materials and installation. This financial flexibility coupled with Luna's industry leading breadth of products marks Luna as New York's only comprehensive solution to Local Law 26."

Westover Financial has been in business for over 15 years and has funded more than $200 Million in equipment acquisitions. For more information on Westover's program, please go to or contact Tom Tolman at 800.982.5868.

About Luna Technologies:

Luna Technologies is a leading developer and manufacturer of modern high-performance photoluminescent products. Luna is credited with the first commercially available new generation photoluminescent products, the first photoluminescent Exit Sign to pass Underwriters Laboratories' tough 75 ft. visibility/legibility standard, as well as the first photoluminescent Exit Sign to be approved by the Energy Star program. From buildings of all types to airplanes, trains and passenger ships, photoluminescent products are enhancing progressive life-safety systems. Luna Technologies is leading this initiative, from advising building code and standards organizations to assisting companies to integrate photoluminescent systems into their life-safety programs.

Cautionary Note Regarding Forward-Looking Statements and Risks:

Some of the statements in this press release are forward-looking statements and as such are based on an assumed set of economic conditions and courses of action. These include statements that describe Luna Technologies' future plans, objectives or goals. There is a significant risk that actual results will vary, perhaps materially, from results projected depending on such factors as changes in general economic conditions and financial markets, changes in building codes, the timing and availability of financing, governmental and other approvals and other risk factors listed from time-to-time in Luna Technologies' Form 10-K and its other reports filed with the Securities and Exchange Commission. Luna Technologies disclaims any responsibility to update forward-looking statements made herein.

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