LIVERMORE, CA -- (Marketwire) -- 10/02/12 -- Bridgelux, a leading developer and manufacturer of LED lighting technologies and solutions, today announced it was named in the prestigious 2012 Global Cleantech 100, produced by Cleantech Group, a leading global research and advisory firm focused on innovation in energy and the environment.
The Global Cleantech 100 list is unique in the sector because it highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next 5-10 years.
'We are honored to be selected for the fourth consecutive year by Cleantech's expert panel representing multi-national corporations based around the world. This recognition reflects the significance of the growing market adoption of energy efficient solid state lighting solutions,' says Bridgelux chief executive officer, Bill Watkins. 'And as we continue to make dramatic progress on our game-changing GaN-on-Silicon technology, we see the cost of LED lighting becoming abundantly affordable and rapidly transforming the $40 billion global lighting industry into a $100 billion market opportunity.'
The list is derived from Cleantech Group's own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 75 cleantech experts. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
'The Global Cleantech 100 is a natural extension of our companywide mission to help corporations, investors and financiers, professional service firms and governmental agencies connect with global cleantech innovation,' said Sheeraz Haji, Cleantech Group CEO. 'This report celebrates the best in innovation and is the industry standard on gauging where cleantech innovation is headed next.'
8,285 companies were nominated this year from 85 countries. These companies were weighted and scored to create a short list of 236 companies presented to the expert panel for final input. The end result was 100 companies from 13 countries.
The full report with commentary and insight on the 2012 Global Cleantech 100 is available for download at http://www.cleantech.com/global-cleantech-100/.
About Cleantech Group
Cleantech Group's market intelligence, events and advisory services accelerate market adoption, stimulate demand, and remove barriers to cleantech innovation. A global company with offices in North America and Europe, we connect business leaders with cleantech innovation through the i3 Platform, the most comprehensive, vetted, up-to-date source for insights into companies, investors, financing and relationships across the clean technology ecosystem. Cleantech Group also produces the premier Cleantech Forum® and Focus events worldwide. For more information about the Cleantech Group, please visit www.cleantech.com.
Bridgelux is a leading developer and manufacturer of technologies and solutions transforming the $40 billion global lighting industry into a $100 billion market opportunity. Based in Livermore, California, Bridgelux is a pioneer in solid state lighting (SSL), expanding the market for light emitting diode (LED) technologies by driving down the cost of LED lighting systems. Bridgelux's patented light source technology replaces traditional technologies (such as incandescent, halogen, fluorescent and high intensity discharge lighting) with integrated, solid state lighting solutions that enable lamp and luminaire manufacturers to provide high performance and energy efficient white light for the rapidly growing interior and exterior lighting markets, including street lights, commercial lighting and consumer applications. Bridgelux is the only vertically integrated LED manufacturer and developer of solid state light sources that designs its solutions specifically for the lighting industry. For more information about the company, please visit www.bridgelux.com.
Bridgelux and the Bridgelux stylized logo design are registered trademarks of Bridgelux, Inc. All other trademarks are the property of their respective owners.