SOURCE: Luna Technologies International, Inc.

August 02, 2006 09:30 ET

Luna Technologies' Sales Diversify

NEW YORK, NY -- (MARKET WIRE) -- August 2, 2006 -- Luna Technologies International, Inc. (OTCBB: LTII) is pleased to highlight to shareholders that sales activities continue to diversify.

Luna's Marine Division is pleased to announce that it has recently signed agreements with eight large stocking distributors who have agreed to carry an inventory of our flexible and semi-rigid signs for use on large cargo ships, ferries and cruise ships. For competitive reasons the terms cannot be announced. We expect that new orders for Marine signs will approach the mid five figures in August 2006.

In further news, we are pleased to announce that given Luna has perfected the first outdoor aesthetic application of our coated aluminum product, a major new skyscraper in Vancouver, BC, Canada will install Lunaplast photoluminescent panels on the exterior of the building. Once installed, the over 1,000 glowing panels will give viewers a "glowing veil" effect. This application has been in development for over 9 months, and presents yet another untapped market for Luna's products throughout North America.

About Luna Technologies

Luna Technologies is a leading developer and manufacturer of modern high performance photoluminescent products. It is credited with the first commercially available Strontium Aluminate based 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-KSB and its other reports filed with the Securities and Exchange Commission. Luna Technologies disclaims any responsibility to update forward-looking statements made herein.

Contact Information

  • Contact Information:

    Investor Relations:
    John Kuehne or
    Frank Quinby
    SmallCap Corporate Partners Inc.
    1-866-380-2274
    Email Contact

    Luna Technologies International, Inc.
    604-526-5890
    www.lunaplast.com