January 16, 2008—Nexxus Lighting, Inc., a world leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool and retail lighting, has announced that it has signed a non-binding letter of intent to acquire Lumificient Corporation, manufacturer of solid-state LED products for the sign lighting, commercial/architectural and retail markets.
The transaction is expected to close on or before April 30, 2008, subject to satisfactory completion of a due diligence review, approval of Nexxus board of directors and other customary closing conditions.
In keeping with the Nexxus strategy, Lumificient is expected to operate as a Nexxus Lighting company. Lumificient says that its strength in technology and Nexxus Lighting’s business model will create an excellent strategic fit.
For more information, visit the Nexxus Lighting Web site.
