SOLON, Ohio, Jan. 10 /PRNewswire-FirstCall/ -- Fiberstars, Inc. , the global leader in fiber optic lighting, today announced a partnership with renowned architectural home designer Rick Mulligan. Known for his creativity in designing all aspects of home decor, Mulligan's entire studio is illuminated with Fiberstars fiber optic lighting, serving as a "real-world" portfolio for current and future clients.
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"The success of our business has been built on creativity and the lighting possibilities through the use of Fiberstars' EFO technology are limitless," said Rick Mulligan. "The unique fixture designs in our studio showcase the impact EFO can have on an elegant interior design and I'm excited to share these capabilities with current and future clients."
Based in Cologne, Germany, Rick Mulligan has designed for Tina Turner and other celebrities and is the host of his own long-running German television show, "Rick's Wohnwelten" ("Rick's Living Worlds"). His style is to focus on bathroom and kitchen furniture and spaces and then design around them. He became interested in the possibilities of using fiber optic lighting because of its beauty, design possibilities, and technological advantages. For instance, because fiber optic lighting carries no electricity, it is ideal for bathroom and kitchen spaces, where water poses a constant hazard. But Fiberstars EFO light is also brilliant, with output levels equivalent to halogen bulbs, but consuming only a quarter of the energy of halogens. By combining these attributes with the ability to change colors, design unique fixtures and utilize cutting edge materials (like a glowing fiber shower curtain), Mulligan has designed dazzling interiors, some of which he demonstrates in his Duesseldorf studio. He is currently planning to open other design shops featuring Fiberstars technologies in Vienna, Munich and other European cities. The Rick Mulligan showroom can be found at http://www.rmbaeder.de/ .
"Rick's eagerness to work with us is a testament to the versatility of EFO technology which lends itself to the artistic as well as the functional elements of lighting," said Fiberstars CEO John Davenport. Bernard Mann, managing director of Fiberstars' LBM division, added, "Lighting is a key component of interior design and the strength of our offering lies in the adaptability of EFO our technology combined with its efficiency in comparison to traditional lighting alternatives. We're thrilled to be working with Rick and his team and look forward to contributing to the imaginative and creative designs which have been a staple of his numerous installation projects."
About Fiberstars, Inc.
Fiberstars, Inc., is the leading supplier of fiber optic lighting and the world's only supplier of EFO(R), a lighting technology which is more efficient than conventional electric lamps. Fiberstars products are designed, manufactured and marketed for the commercial lighting, sign and swimming pool, and spa markets. Fiberstars fiber optic lighting provides energy savings, aesthetic, safety and maintenance cost benefits over conventional lighting. Customers include supermarket chains, retail stores, fast food restaurants, theme parks and casinos, hotels, swimming pool builders, spa manufacturers and many others. Company headquarters are located at 32000 Aurora Rd., Solon, OH 44139. The Company has additional offices in Pleasanton, CA, New York City, United Kingdom and Germany. For more information, see http://www.fiberstars.com/ .
Safe Harbor Statement
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding the business outlook for EFO systems. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, the slowing U.S. and world economy and its effects on Fiberstars' markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectation. For more information about potential factors which could affect Fiberstars financial results, please refer to Fiberstars' SEC reports, including its Annual Report on Form 10-K for the year ended December 31, 2005, and its quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof. Fiberstars disclaims any intention or obligation to update or revise any forward-looking statements.
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