SOURCE: Forest Lighting

Forest Lighting

November 10, 2015 13:49 ET

Forest Lighting Clarifies Previous Statement Regarding Bid to Buy Lamp and Lighting Business From Osram AG

MLS Bid for Assets Pertains Only to Lamps and LED Luminaires; Includes US Based Osram Sylvania

ATLANTA, GA--(Marketwired - November 10, 2015) - Forest Lighting, the USA division of global LED leader MLS of China, has clarified its previous statement and intends only to bid on the Osram lamp and lighting business, as approved by its Board of Directors.

About Forest Lighting (www.forestlighting.com)

Forest Lighting, based in Atlanta, Georgia, is the USA subsidiary of MLS Co., Ltd. of China. MLS is among the top ten largest LED manufacturers in the world (Source: IHS Technology.) MLS has experienced 20% annual growth, has 12,000 employees, and annual revenue in the $2 billion range. Recently listed on the China stock exchange, the company is an ISO 9000 and ISO 14000 qualified manufacturer, and LED manufacturing capacity exceeds 16 billion units. Products are UL Listed and DLC Qualified. Forest Lighting LED products are RoHS compliant, reflecting the corporate commitment to sustainability.

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