RESEARCH TRIANGLE PARK, N.C., Feb. 19 /PRNewswire-FirstCall/ -- Cyberlux Corporation, (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today that the Company has received the first commitment for 80 BrightEye and 60 WatchDog Visible and Covert Portable Illumination Systems from the United States Air Force (USAF). This initial USAF order for Cyberlux tactical lighting equipment equates to $3,318,646 in revenue, including spares and maintenance supplies. The Company projects that operations will be cash flow positive with the fulfillment of these first USAF orders.
The 2008 Department of Defense Appropriations legislation contains $8.0 million for the equipping of the USAF with Cyberlux Portable Illumination Systems. As part of this $8.0 million budget, the USAF Air Mobility Command will first fulfill the requirements of the Operations, Installation and Mission Support commands for the BrightEye and WatchDog systems. The remaining $4.6 million appropriations will be allocated within the Air Mobility Command and other USAF commands during the remaining Fiscal Year 2008.
"Cyberlux is a leader in solid-state lighting innovation, and our Portable Illumination Systems are engineered to provide the U.S. Armed Services with next generation tactical lighting capability. The commitment from the USAF will begin the deployment of new lighting technology within the most important Air Force commands, but this is just the start of a longer-term lighting technology transition from incandescent-based lighting to solid-state lighting, which strongly positions Cyberlux for inclusion in the Fiscal Year 2009 budget and beyond," said Mark Schmidt, president and chief operating officer for Cyberlux. "We've been pursuing this market for the last several years, and we are excited to be selected by the USAF to lead this technology transition. We look forward to deploying visible and covert lighting solutions throughout the U.S. Armed Services, the National Guard and the Department of Homeland Security organizations."
The BrightEye Portable Illumination System is designed as a portable visible and night-vision compatible illumination system for general mission tactical lighting, force protection, maintenance lighting, expeditionary base protection, disaster first responders, and other rapidly deployable high-intensity lighting applications. Using advanced optics, advanced solid-state lighting technology, and light-weight battery power, all contained in an easily transportable wheeled case, the BrightEye system is capable of eliminating the space-consuming bulk, noise and energy consumption of the current generator-powered incandescent lighting systems. Unique to the marketplace, the BrightEye system provides both white and night-vision compatible covert lighting, a capability not available in traditional lighting systems.
In September 2007, the USAF Expeditionary Center Air Mobility Battlelab (AMB), an organization that explores high-payoff concepts, technologies and tactics to advance the capabilities of Rapid Global Mobility and Agile Combat Support, announced the successful completion of the BrightEye Portable Illumination System's evaluation period (http://www.amc.af.mil/news/story.asp?id=123069485). The Air Mobility Command expeditionary subject-matter experts evaluated the BrightEye System's capabilities and determined that the BrightEye System weighs 94% less than their current diesel-powered incandescent lighting systems, saves an estimated 63% in daily operating costs and is 97% smaller in footprint. In addition, the AMB concluded that the BrightEye System provides versatile and economical tactical lighting capability as required by expeditionary forces across all U.S. armed services.
In 2006, the Air Mobility Battlelab selected Cyberlux Corporation to deliver the WatchDog System by adapting its commercially available portable lighting systems to meet USAF Air Mobility Command requirements. Cyberlux was one of 26 competing companies to submit proposals to develop a lightweight, portable lighting system for both visible lighting and infrared NVG-compatible lighting. Cyberlux was selected during the USAF competitive review process to develop the WatchDog Portable Covert Illumination System.
The resulting WatchDog Portable Covert Illumination System, which weighs less than 50 pounds including batteries, is a perimeter lighting solution for the protection of landed aircraft assets and attendant personnel. The WatchDog System provides security lighting for an exterior boundary of 600 feet x 600 feet with either visible light or covert night-vision goggle (NVG) compatible infrared light. The Watchdog System was designed to protect military assets on the ground, such as a C-130 transport aircraft, by creating a "lightless" zone around the asset while illuminating the surrounding protection boundary. In covert illumination mode, the system increases the visibility of NVGs by almost sixfold. The system can easily be carried to remote locations and deployed quickly, and with highly efficient LED technology, the system can provide lighting for several days with a single battery charge.
The BrightEye and WatchDog Systems are available through the General Services Administration (GSA) Federal Supply Schedule 56 for Specialty Lighting products under Cyberlux GSA Contract GS-07F-9409S.
About Cyberlux Corporation
Cyberlux Corporation (BULLETIN BOARD: CYBL) has created breakthrough LED lighting technology that provides the most energy efficient and cost effective lighting solutions available today for consumer, commercial and military uses. The Military and Homeland Security products deliver unique, covert, and advanced visible lighting capability for threat detection, force and asset protection. Cyberlux uses solid-state semiconductors, trademarked as its diodal(TM) lighting elements, which consume 75% less energy than incandescent lighting elements and perform for over 20 years in contrast to 750 hours for conventional bulbs. For more information, please visit http://www.cyberlux.com/.
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This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company's ability to expand its production capabilities concurrent with product orders. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-KSB for the year ended December 31, 2006 and its 10 QSB for the quarter ended September 30, 2007. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
