Lighting Science Group Appoints Steve Marton as Interim CEO

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Posted May 24, 2012

SATELLITE BEACH, Fla.--(BUSINESS WIRE)--Lighting Science Group Corporation (OTCBB: LSCG), one of the world's leading LED lighting manufacturers, announced the appointment of Steve Marton as its interim Chief Executive Officer following the resignation of CEO and Chairman James Haworth on May 18, 2012. The Board also announced that it has retained an executive search firm to help identify and secure a permanent CEO.

Mr. Marton has served as a Senior Operating Partner at Pegasus Capital Advisors, L.P. since April 2008 and has been actively involved in Lighting Science Group's operations, in a consulting capacity, since February 2012. He has spent over 20 years in general management, new product development and brand leadership in the consumer packaged goods and pet care industries. Prior to joining Pegasus, from 2004 to 2008, Mr. Marton served as Group President of the Office Products Division of Newell Rubbermaid, and earlier served as President and Chief Operating Officer of Hill's Pet Nutrition. He is currently Chairman of Halo, Purely for Pets as well as a board member of iGPS, Hain Pure Protein Corporation and PetSmart Charities. He is also a member of the Board of Advisors to the Cummings School of Veterinary Medicine at Tufts University.

About Lighting Science Group

Lighting Science Group Corporation (OTCBB: LSCG) designs, develops, manufactures and markets LED lighting solutions that are environmentally friendlier and more energy efficient than traditional lighting products. Lighting Science Group offers retrofit LED lamps in form factors that match those of traditional lamps or bulbs and LED luminaires designed for a range of applications including public and private infrastructure for both indoor and outdoor use. Lighting Science Group's Advanced Projects Group business unit designs, develops and manufactures custom LED lighting solutions for architectural and artistic projects. Lighting Science Group is headquartered in Satellite Beach, Florida; the Company's European operations are based in Middelburg, The Netherlands; and the Company has a sales office in Sydney, Australia. Lighting Science Group employs approximately 1,000 workers building lighting products from domestic and imported parts. More information about Lighting Science Group is available at http://www.lsgc.com.

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Lighting Science Group Appoints Steve Marton as Interim CEO