CRS Electronics
TSX VENTURE : LED

CRS Electronics

October 29, 2013 13:21 ET

QuantumLED™ Leverages Cree LEDs for New Commercial Lamp Bulbs

WELLAND, ONTARIO--(Marketwired - Oct. 29, 2013) - CRS Electronics Inc. ("CRS" or the "Company"), (TSX VENTURE:LED), a developer and manufacturer of LED lighting products, today announced they have selected Cree, a market-leading innovator of lighting-class LEDs, to provide the LEDs for their new QuantumLED commercial lamp (bulb) brand. QuantumLED lamps will feature Cree's latest XP-G2 LED technology.

"We do all of our product development in-house and consistently look to Cree for the latest in LED technology," said Scott Riesebosch, Chief Technology Officer at CRS Electronics. "As a customer that uses the XP package, we're excited to be able to extend our product portfolio with the newest XP-G2 LED."

Cree's XLamp® XP-G2 LED has been employed throughout the QuantumLED directional lamp product portfolio. The initial product offering includes PAR lamps, as well as MR16 lamps in three distinct lumen packages. A family of R and BR reflectorized lamps will also be offered. Directional lamps will be available in multiple beam angles, and all will offer the highest lumen output, efficacies, and color temperature ranges on the market. In addition, QuantumLED will feature an extremely hard-to-find 2200 Kelvin color temperature option throughout its entire product line.

"CRS Electronics' QuantumLED lamps showcase the advantages of Cree's XP-G2 LEDs," said Paul Thieken, Cree Director of Marketing, LED Components. "The XP-G2 LED allows CRS to seamlessly leverage the higher-performance Cree LEDs without making any additional investment."

QuantumLED lamps will be sold through commercial electrical distributors throughout North America. For more information, please contact us at http://www.crselectronics.com/contact-us.php.

About CRS Electronics

CRS Electronics, Inc. (TSX VENTURE:LED), a Lighting Facts partner, is a leader in the emerging, rapidly-growing market of high efficiency light-emitting-diode ("LED"), or, solid state lighting ("SSL"). The principal activities of CRS Electronics include the development, manufacture and sale, primarily in North America, of indoor lighting products such as LED replacement lamps, exterior LED warning lights for school buses, child safety systems for school buses, LED architectural lighting fixtures, and contract manufacturing of LED circuit boards. As an innovator of LED solutions since 1998, CRS Electronics continues to expand its product portfolio and market presence with business partners and customers, and under its own product brands, which include CRS Electronics™, QuantumLED™ Lighting, and Lumenova™ Architectural Lighting.

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws which can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other CRS filings, and include availability of sufficient working capital for development and operations, availability of a qualified work force, availability of manufacturing equipment and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other CRS filings at www.sedar.com and other unforeseen events or circumstances. Other than as required by law, CRS does not intend, and undertakes no obligation to update any forward-looking information to reflect, among other things, new information or future events.

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