SOURCE: Digital Lumens

Digital Lumens

September 01, 2010 09:00 ET

Digital Lumens Named 2011 Technology Pioneer by World Economic Forum

Developer of Intelligent Lighting Systems Recognized Among the Top Innovative Start-Ups Worldwide

BOSTON, MA--(Marketwire - September 1, 2010) -  Digital Lumens, developer of the industry's first Intelligent Lighting System™, today announced that it has been named a 2011 Technology Pioneer by the World Economic Forum. The company will be recognized during the Annual Meeting of the New Champions in Tianjin, People's Republic of China, being held September 13-15, 2010. Tom Pincince, President and CEO of Digital Lumens, will attend the 2011 World Economic Forum Annual Meeting in Davos-Klosters, Switzerland, in January 2011.

The 31 Technology Pioneer companies are chosen from among more than 330 global applicants from 13 different countries and evaluated by 68 global technology experts. Celebrating its 12th anniversary, the prestigious Technology Pioneer program recognizes the most innovative young companies from around the world that will have a critical impact on the future of business and society.

The 2011 Annual Meeting will host more than 2,500 participants, including government representatives from the world's top 25 economies and more than 900 chief executives. Participants will include key finance, foreign affairs, trade, and energy ministers along with heads of non-governmental organizations, social entrepreneurs, and religious leaders.

"Massachusetts is proud to have two of this year's World Economic Forum Technology Pioneers, including Digital Lumens, hail from the Commonwealth," said Deval Patrick, Governor of the Commonwealth of Massachusetts. "While solving vastly different problems, the companies are shining examples of our vibrant innovation economy and share a commitment to innovative applications of technology to solve real-world challenges."

"To be recognized by the World Economic Forum marks a milestone for Digital Lumens, and we are honored to be chosen," said Pincince. "Organizations globally are striving to be more efficient, reduce their carbon footprint, and lower energy usage in the face of escalating costs. We are gratified to be recognized for our innovation in reducing industrial customers' lighting-related energy use by 90% and helping them exceed sustainability goals."

"The World Economic Forum is proud to recognize an outstanding group of innovative companies as Technology Pioneers for 2011," said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum. "Their technologies and business models will have a durable and valuable effect in several industries and society as a whole. We look forward to their unique contributions to the mission of the Forum: improving the state of the world."

A video in which Pincince discusses the Digital Lumens Intelligent Lighting System on the occasion of the company's recognition as a Technology Pioneer is available on YouTube and can be seen here.

Designed for large warehouses and industrial facilities, the Digital Lumens Intelligent Lighting System integrates LEDs, sensors, networking, and software into a single solution that leverages system-wide intelligence to reduce customers' energy costs. Introduced earlier this year and deployed in dozens of sites, the system includes the Intelligent Light Engine (ILE), a high-performance, highbay LED-based fixture that has a broad range of control and dimming capabilities. The ILEs form a wireless mesh network and the system collects detailed energy consumption and occupancy details, enabling facilities managers and engineers to refine the lighting program and further reduce energy use.

About Digital Lumens
Digital Lumens develops LED-based Intelligent Lighting Systems that reduce industrial customers' electricity expenses up to 90% and transform industrial lighting into a powerful platform for improved control, efficiency, and operational insight. Incorporating intelligent local and centralized controls, sensors, and custom-designed LED-based luminaires into a single system, Digital Lumens is defining a new class of lighting solution for customers. For more information, please visit www.digitallumens.com

Note to editors: Digital Lumens, Intelligent Lighting System, and Intelligent Light Engine are trademarks of Digital Lumens, Inc.

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