Albeo Announces Record Year and Triples LED Lighting Manufacturing Space

  Albeo Technologies Inc.,an award winning LED lighting manufacturer,delivered record 2009 revenues with over 37% year-over-year growth and an exceptional increase in December shipments of over 250%.In Q4 2009, Albeo also tripled their manufacturing space into two buildings at their Sterling Circle location in Boulder and added new manufacturing jobs.The company attributes their success to delivering innovative,high quality,long lasting,solid-state lighting products that outperform traditional fluorescent and HID lighting solutions at competitive prices.

  "Tripling our manufacturing space was a critical step in providing the capacity to fulfill thousand piece orders.Our new LED Troffer production line more than doubled throughput and the new C-Series high bay production line will provide similar improvements,"said Jim Van Hove Albeo's director of manufacturing."Our supply chain and manufacturing processes have been scaled,and support large scale deployments."

  "We are seeing widespread interest in LED lighting.The hottest markets are schools and universities,manufacturing infrastructure lighting retrofits,and new green built datacenters" said Neil Cannon EVP of business development at Albeo."Lighting customers are quickly learning that LED lighting provides real benefits in reducing operating costs."