COLOR KINETICS NAMES ELLEN BOSSERT
VICE PRESIDENT OF MARKETING
Boston, MA - September 29,2005 - Color Kinetics Incorporated (NASDAQ: CLRK), a pioneer of intelligent solid-state lighting systems and technologies, today announced the appointment of Ellen Bossert as Vice President of Marketing. As a member of Color Kinetics’ executive team, Ms. Bossert will lead the company’s worldwide marketing strategy and manage the evolution of its brand as an industry leader in intelligent solid-state lighting solutions.
“We’re very pleased to welcome Ellen, who joins the company during an exciting time of growth and positioning for the future,” said Bill Sims, President and CEO, Color Kinetics. “We have successfully transitioned from an emerging start-up organization to a growing public concern, and the opportunity to penetrate the larger, general lighting market presents a host of new research, marketing and communications requirements. As such, Ellen’s considerable expertise will help us identify these new requirements and accordingly shape the new public face of Color Kinetics and its brand.”
Ms. Bossert has a track record of creatively fostering new strategies for market branding that alter industry paradigms, which makes her an ideal choice for the innovation-focused company.
“Color Kinetics is widely recognized for its leadership in envisioning and delivering emergent technology, as well as supporting and cultivating awareness for the markets that now embrace intelligent solid-state lighting,” said Ms. Bossert. “I truly believe Color Kinetics will transform the way our world imagines and applies light -- for business, entertainment, and residential use. With such tremendous opportunity ahead, I look forward to driving the global marketing initiatives that will help the company best realize our mission to enable ‘light without limits™.’”
Ms. Bossert is a seasoned business and marketing executive with sixteen years of experience in the high-tech and consumer products industries. She most recently served as CEO of Zoesis Studios, a developer of unique artificial intelligence-based entertainment technology for commercial use. Her marketing experience includes leadership roles at well-established companies such as Hasbro and Converse, as well as high-tech start-ups Domania (an award-winning real estate software firm) and MIT Media Lab spin-off Presto Technologies (an early pioneer of RFID technology). Complementing Ms. Bossert’s success in marketing is a strong background in management, including a Vice President role at Chase Manhattan Bank, and executive consulting to small and medium-sized businesses. Ms. Bossert holds a BA from Columbia College and MBA from Harvard Business School.
About Color Kinetics
Color Kinetics Incorporated (NASDAQ: CLRK) is a pioneer and leading innovator of intelligent solid-state lighting -- enabling light without limits™. The company's award-winning product lines apply the benefits of LEDs to transform the way light is produced, controlled and applied, advancing the adoption of cost- and energy-efficient lighting worldwide. Its systems leverage a patented layer of digital intelligence, called Chromacore®, to generate and control color and white light for use in high-performance lighting and OEM and licensing applications. More than a simple light source, Color Kinetics' system solutions encompass the vital control, power, and other technologies that make LEDs viable for illumination -- ranging from the replacement of conventional sources, to new and forward-looking uses of light. The company holds 42 patents and has over 140 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 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 press release 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 Annual Report on Form 10-K for the Twelve Months Ended December 31, 2004, File Number 000-50798, and most recent 10-Q, each as filed with the Securities and Exchange Commission.
Contact Info
|
