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City Theatrical and Color Kinetics Release New Touring Power Supply
Bronx, NY and Boston, MA - October 27, 2004 -
City Theatrical and Color Kinetics Incorporated (NASDAQ: CLRK) jointly announce the release of a new touring-style power/data supply, PDS-750 TR, for Color Kinetics® ColorBlast®, ColorBurst®, and iColor® Cove intelligent solid-state lighting fixtures. The compact, rugged device allows easy connection and disconnection of up to 12 ColorBlast 12 fixtures, 24 ColorBlast 6 fixtures, 24 ColorBurst 6 fixtures, 48 ColorBurst 4 fixtures, and 96 iColor Cove fixtures by means of industry-standard 4 pin XLR connectors.
CTI's President Gary Fails said, "We just listened to our customers who asked us to build this device. Many lighting shops had devised homemade ways to get partially to where we have gotten, but our license agreement with Color Kinetics gives us the ability to use their patented technology in new and innovative ways."
"We're pleased to expand our relationship with City Theatrical, whose market expertise coupled with our leading technology makes PDS-750 TR a reliable and robust solution for event and entertainment lighting applications," said Bill Sims, President and COO, Color Kinetics.
PDS-750 TR includes a function similar to that of the Zapi address-setting device, which enables users to address all fixtures plugged into the power/data supply to channel one, thereby allowing a starting DMX channel to be set via standard BCD switches. Built-in dimming routines allow user selectable fades to be accomplished without the need for a lighting console, making PDS-750 TR perfect for events and other temporary installations. A pass through mode allows iColor Cove fixtures to be operated. Rack mount, pipe mount, and custom output configurations are available.
PDS-750 TR is designed and manufactured by City Theatrical with technology under license from Color Kinetics. It is available worldwide through both Color Kinetics and City Theatrical.
About City Theatrical
City Theatrical, Inc. is a Bronx, New York, based lighting accessories manufacturer and winner of 24 product and business awards in the last nine years. Products include the award-winning WDS Wireless Data System™, AutoYoke®, and Lightwright 4™, as well as an extensive catalog of theatrical lighting accessories.
About Color Kinetics
Color Kinetics Incorporated (NASDAQ: CLRK) is a pioneer in the design, marketing and licensing of intelligent solid-state lighting systems and technologies. The company's award-winning product lines apply the practical and aesthetic benefits of LEDs to transcend the limits of traditional light sources for use in high-performance lighting and OEM and licensing applications. Its products and technologies leverage a patented layer of digital intelligence, called Chromacore®, to generate and control millions of colors and dynamic lighting effects. Color Kinetics holds 36 patents and has over 120 patent applications pending that apply to many aspects of solid-state lighting technology. Founded in 1997, the company is headquartered in Boston, MA with offices in the UK, China, and a joint venture in Japan. More information can be found at www.colorkinetics.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Annual Report regarding Color Kinetics Incorporated’s business that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that these statements involve risks and uncertainties, are only predictions and may differ materially from actual future events and results. For a discussion of such risks and uncertainties, see “Risk Factors” in the Company’s Registration Statement on Form S-1, File Number 333-114386, and in its Annual Report on Form 10-K for the Twelve Months Ended December 31, 2004, each as filed with the Securities and Exchange Commission.
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