Lumenpulse CEO Named Ernst & Young Entrepreneur of the Year Finalist

MONTREAL, QUEBEC--(Marketwired - Aug. 4, 2015) - (TSX:LMP)Francois-Xavier Souvay, Lumenpulse's President and CEO, has been named by Ernst & Young (EY) as a 2015 Entrepreneur of the Year finalist for Québec. Nominated in the "Business-to-Business Products and Services" category, Mr. Souvay earned a place among 36 finalists, who collectively represent part of the province's top executives across all major industries.

"I'm honoured and very proud to have been named a finalist for the Entrepreneur of the Year award," Mr. Souvay said. "Lumenpulse's mission is to become the global leader in the LED lighting market, to continue driving innovation and to spearhead new sustainable lighting technologies. This nomination is further validation of our approach, our strategic growth plan, and most of all, the exceptional team we have built. It's a testament to their passion and hard work," he said.

Mr. Souvay founded Lumenpulse in 2006 with the intention of combining lighting industry expertise with strong industrial design. Under his guidance, Lumenpulse has quickly grown into a leading pure-play, specification-grade LED lighting solutions provider. It has earned numerous awards and recognitions, including Product Innovation, Next Generation Luminaires, and Red Dot Product Design awards, among others. The company, which now counts 6 offices and 446 employees worldwide, currently holds 53 design and utility patents. During March 2015, Canadian Business named Lumenpulse one of the top 15 most innovative companies in Canada.

"This year's finalists inspire the next generation of entrepreneurs, create opportunities for others and give back to their communities - accomplishments we must celebrate," said Daniel Baer, EY's Québec Entrepreneur of the Year program co-director.

"The Canadian economy rests on the shoulders of its entrepreneurs," said Luc Charbonneau, EY's Québec Entrepreneur of the Year program co-director. "It's important to recognize their contributions in terms of innovation, job creation and legacy."

Category finalists for the Entrepreneur of the Year award were chosen by an independent panel of judges. One category winner will be named the overall Québec winner, moving on to compete with winners from four other regions - Pacific, Prairies, Ontario and Atlantic - to become Canada's EY Entrepreneur of the Year. The Canadian winner will go on to compete globally with more than 50 countries for the title of EY World Entrepreneur of the Year in June 2016.

The Québec winners will be announced at the annual gala to be held on October 22, 2015. For more information, please visit the EY website.

Editor's Notes:

About Lumenpulse Inc.

Founded in 2006, Lumenpulse designs, develops, manufactures and sells a wide range of high performance and sustainable specification-grade LED lighting solutions for commercial, institutional and urban environments. Lumenpulse is a leading pure-play specification-grade LED lighting solutions provider and has earned many awards and recognitions, including several Product Innovation Awards (PIA), three Next Generation Luminaires Design Awards, a Red Dot Product Design Award and a Lightfair Innovation Award. Lumenpulse has more than 446 employees worldwide, with corporate headquarters in Montreal, Canada, and offices in Québec City, Boston, Paris, London and Manchester. Lumenpulse is listed on the Toronto Stock Exchange under the symbol LMP.

Additional information about Lumenpulse, including its 2015 Annual Information Form, is available at www.lumenpulse.com and on the SEDAR website at www.sedar.com.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 167,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.

About Ernst & Young Entrepreneur Of The Year®

Ernst & Young Entrepreneur of the Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.