Vancouver, British Columbia, Canada – January 27, 2010 -- Light-Based Technologies (LBT) is proud to be named an “Emerging Rocket 2010” by Rocket Builders Canada. This organization recognizes the value of LBT’s clean technology to the growing solid-state lighting (SSL) market.
Rocket Builders produces two lists of companies depending on their size and growth potential. Their “Ready to Rocket 2010” list covers companies with revenues between $300,000 and $10,000,000 with expected growth of 100% over the next 12 months. Traditionally, 44% of listed companies reach this goal, while 76% exceed 25% growth. Rocket Builders also produces the “Emerging Rockets” list of companies predicted to be included in the “Ready to Rocket” list in 1 to 3 years.
Light-Based Technologies sells control technologies to the SSL industry. This market generates $4B in revenue annually and is expected to reach $60B by the end of the next decade. This represents an average annual growth rate of 25%.
Positioned in an industry with great prospects LBT is ready for their new product launch in April of this year. LBT offers innovative control technologies that reduce product costs, minimize fixture power consumption, and speed the adoption of SSL fixtures with intuitive control interfaces. Focusing on its strengths in research and development it will continue to develop its intellectual property portfolio while maximizing value for partners and investors though the sale of their proprietary control circuits to Tier 1 manufacturers.
ABOUT Light-Based Technologies
Light-Based Technologies has been in operation since 2004. Based in Vancouver, Canada, Light-Based Technologies has focused its efforts on the research and development of unique control solutions for the Solid State Lighting industry. With the imminent release of their latest integrated circuits, the LB4 family, Light-Based Technologies is dedicated to fine-tuning complementary technologies that take advantage of the simplicity and power of its core control technology.
ABOUT Rocket Builders
Rocket Builders is a management consulting firm providing sales and marketing services. With a focus on
helping technology companies to grow and prosper, Rocket Builders has a proven track record of success
with its clients. Since 2000, we have been engaged in market research, market planning, business
development initiatives, strategic selling, and product launches for over 100 organizations.
CONTACT
Stephen Wilson
swilson@lightbasedtechnologies.com
(604) 299-4421 x401
