Lumenpulse Inc.
TSX : LMP

Lumenpulse Inc.

July 01, 2014 08:00 ET

Lumenpulse Completes the Asset Acquisition of Projection Lighting Limited

MONTREAL, QUEBEC--(Marketwired - July 1, 2014) - Lumenpulse Inc. (TSX:LMP), a leading manufacturer of high performance, specification-grade LED lighting solutions, is pleased to announce that it has completed its previously-announced acquisition of substantially all of the assets of Projection Lighting Limited, a UK-based manufacturer of LED solutions for retail, display and architectural applications for a purchase price of $30.4 million (GBP 16.6 million), which was paid in cash. All customary closing conditions were met.

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 the 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 325 employees worldwide, with corporate headquarters in Montreal, Canada, and offices in Boston, Massachusetts, London, UK and Manchester, UK. Lumenpulse is listed on the Toronto Stock Exchange under the symbol LMP.

Additional information about Lumenpulse, including our 2014 Annual Information Form, is available on our website at www.lumenpulse.com and on the SEDAR website at www.sedar.com.

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