ECOSENSE™ LIGHTING SECURES $13 MILLION IN SERIES B GROWTH FUNDING

Series B Investment Round Led by Bain Capital Ventures

NEW YORK – October 18, 2011 – EcoSense Lighting, provider of a new generation of economical, environmentally responsible lighting solutions, today announced the close of a $13 million Series B financing round led by Bain Capital Ventures. Founded by a team of long-serving industry experts with proven know-how in the development and best practices of solid-state illumination, EcoSense Lighting provides best-in-class LED lighting solutions for use in commercial, industrial and residential applications. The company offers a comprehensive line of LED fixtures that meet the technical requirements of the most demanding projects while delivering substantial benefits over traditional lighting sources.

Over the last year, EcoSense has achieved several key growth milestones, including:

• Expanding its presence in international markets through distribution partners and supply chain hires
• Strengthening its Board of Directors with the addition of Color Kinetics co-founder and Intellectual Property Owners Education Foundation 2008 Inventor of the Year Dr. Ihor Lys as Technical Advisor
• Launching several new products designed to extend the company’s reach in the rapidly expanding specifier-grade white light LED illumination market.

This latest round of financing will support the company’s continued product development initiatives and fuel the growth of the EcoSense engineering and sales teams to satisfy market demand for the technology.

According to EcoSense Lighting Founder and Chairman George Mueller, Bain Capital Ventures’ excellent track record of identifying and supporting emerging technology leaders makes the firm an ideal partner for the company. “Their investment in EcoSense is a testament to the strength of our management team, technology portfolio and business direction,” says Mueller. “We're thrilled to be working with Bain Capital Ventures as we move into our next phase of growth and product development.”

“With its exponential energy and cost savings, breadth of applications and earth-friendly, sustainable components, we see incredible potential in the LED illumination market,” says Jeffrey Glass, Managing Director, Bain Capital Ventures. “EcoSense has the right team, the right strategy and a level of traction in the professional lighting market needed to be a strong leader in this advancing industry.”

About EcoSense Lighting                      Established in 2009, EcoSense Lighting is privately held and has offices in Hong Kong and New York City. For additional information, visit www.ecosenselighting.com.

About Bain Capital Ventures             Bain Capital Ventures is the venture arm within Bain Capital, which has approximately $66 billion of assets under management worldwide. The firm’s history of investing in early stage companies dates back to 1984 with over 125 venture investments since inception including Gartner Group, Staples, DoubleClick, Taleo, ProfitLogic, mQube, vAuto, Shopping.com, and LinkedIn.

Bain Capital Ventures manages $1.5 billion of assets, has over 70 active portfolio companies, and has offices in Boston, New York, and Palo Alto. The firm has helped steer many ideas to success by working in partnership with management teams, pairing talented and passionate entrepreneurs with industry experts, opening doors to customers, and collaborating on sound long-term strategies. www.baincapitalventures.com

LumiGrow Closes Series A Funding from Clean Pacific Ventures

San Francisco, CA – July 12, 2011 – LumiGrow, Inc. (www.LumiGrow.com) announced that it received an undisclosed sum in Series A financing from Clean Pacific Ventures, a leading venture capital fund with a specialization in clean technology companies related to energy, water, agriculture and materials. The financing will accelerate the market expansion of energy-efficient LumiGrow® lighting solutions for commercial agriculture and horticultural research. Clean Pacific Ventures’ General Partner and Chief Investment Officer Sean Schickedanz will join LumiGrow’s Board of Directors.

 “Agriculture hasn’t seen a breakthrough this exciting in decades,” said Mr. Schickedanz. He explained, “More and more of our crops are grown in illuminated greenhouses, yet legacy lighting technologies frequently cost more to operate than they contribute to the bottom line in yield gains. Growers are moving quickly to replace these inefficient lighting fixtures with LumiGrow solutions to improve yield and cut electrical expenses. It’s because of this no-compromise value proposition that LumiGrow is rapidly emerging as the clear leader in a market segment on the brink of exponential growth.”

“LumiGrow technology is a giant and irrevocable leap forward for horticultural lighting, and this investment from Clean Pacific Ventures allows us to bring our solutions to new customers faster,” said LumiGrow CEO Kevin Wells. He added, “We’re thrilled to welcome Mr. Schickedanz to our board. His expertise in guiding clean technology companies to rapid and sustainable growth makes him a tremendous asset to the LumiGrow team.”

Common industry practice among greenhouse growers is to supplement sunlight with high-intensity discharge (HID) lighting to boost crop growth and extend growing seasons. But traditional lighting fixtures were designed for general illumination. Most of the light they produce is unusable for photosynthesis; the rest is energy waste. Greenhouse growers are often the leading energy users in their local utility service areas.

LumiGrow LED lighting systems consume 50 percent less energy than the outmoded lighting fixtures they replace because they emit only the color spectrum essential for photosynthesis and healthy plant growth. Energy bill savings, utility subsidies and financing options frequently make a LumiGrow installation a cash-positive or cash-neutral investment that provides substantial savings, year after year.

LumiGrow, Inc., the leading provider of high-efficiency LED lighting solutions for horticulture, enables commercial growers and agribusinesses to achieve operational efficiencies, reduce energy consumption and improve crop yield. LumiGrow offers a range of third-party proven solutions for use in greenhouses, indoor farms and scientific research chambers. LumiGrow solutions are eligible for energy efficiency subsidies from Pacific Gas & Electric, Puget Sound Energy and other utilities. The Company’s 500 commercial and institutional customers include Dow AgroSciences, Duke University and the USDA. Headquartered on Treasure Island in the San Francisco Bay, LumiGrow is privately owned and operated. For more information, call (800) 514-0487 or visit www.lumigrow.com.

About Clean Pacific Ventures

Clean Pacific Ventures is a venture capital fund that invests in promising early stage clean technology companies. Clean Pacific focuses primarily on clean technologies related to energy, water, carbon reduction, agriculture and materials. In addition to LumiGrow, the portfolio includes Carbonflow, Clean Power Finance, HydroNovation, Marrone Bio Innovations and SunLink. For more information, visit www.cleanpacific.com.

LumiGrow is a registered trademark of LumiGrow, Inc. All other marks are the property of their respective owners.