Cavet Technologies Recognized as a Major Player in Lighting Control Market by Cleantech Group

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LumiSmart gains recognition as hot technology in industry report

As a new entrant to the LCS market, it is an honor to be evaluated against established players by a prominent research organization like Cleantech Group.

Cavet Technologies Inc. today announced it was recognized in Cleantech Group’s recent report about Lighting Control Systems (LCS) as “one of the companies to watch.” Cavet Technologies was recognized for its innovation of LumiSmart ILC, an intelligent lighting controller and the company’s flagship product.

According to Cleantech Group’s recent report about the LCS market, lighting accounts for 25 per cent of energy use in commercial buildings. LCS represents one of the newest sectors within the lighting supply chain. LCS can reduce energy consumption by up to 75 per cent using advanced networking and communications technologies.

"We are excited to be highlighted as of the companies to watch in Cleantech Group’s recent report about lighting controllers,” said Albert Behr, President and CEO for Cavet Technologies. “As a new entrant to the LCS market, it is an honor to be evaluated against established players by a prominent research organization like Cleantech Group.”

LumiSmart ILC is the first of a new class of Smart Grid-enabled lighting controllers that provide microprocessor-driven adaptive control of lighting circuits to reduce power consumption while providing an instant 30 per cent or more power reduction without replacing any existing lamps, ballasts or fixtures. LumiSmart ILC also helps reduce carbon emissions by actively reducing energy consumption at the source, and therefore minimizes strain on the electrical grid. This decrease in carbon footprint results in a reduction in greenhouses gases released into the atmosphere.

Cleantech Group’s LCS report titled “Why Lighting Controls Are Hot” is available for purchase at http://www.cleantech.com.

About Cleantech Group, LLC
Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, pioneered the clean technology category in 2002. Today, it helps its clients make critical business decisions by providing the latest market intelligence through subscription-based research, custom advisory services, and global networking events. The company’s growing international client base includes global corporations, investors, entrepreneurs, governments, and service providers. The company also produces the premier Cleantech Forum® and Focus™ events worldwide, including upcoming events in Paris, New York, Amsterdam, and Los Angeles. Details are available at http://www.cleantech.com.

About Cavet Technologies Inc.
Cavet Technologies Inc. is a leading-edge Cleantech company that brings innovative intelligent lighting products to market which maximize energy savings and provide industry leading returns on investment. Available through its broad network of distribution partners worldwide, Cavet’s flagship product is the award-winning LumiSmart ILC™, Intelligent Lighting Controller. LumiSmart ILC helps commercial and industrial customers dramatically reduce lighting costs by a minimum of 30 percent without replacing any existing lights, ballasts, or lighting infrastructure. Cavet Technologies is the proud winner of the Canadian Advanced Technology Alliance (CATA) Technology Commercialization Award, Corporate Knights Next 10, CleanTech North’s Company of the Year, and Deloitte’s Green 15 Award, part of the 2010 Deloitte Technology Fast 50™. For more information about Cavet Technologies, please visit http://www.cavettech.com.

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Leslie Taschner
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