Cavet Technologies is Awarded Finalist at Lightfair International

LumiSmart Intelligent Lighting Controller Ignites Interest in Two Award Categories at Industry Lighting Show

LAS VEGAS, May 12 /CNW/ - Cavet Technologies Inc. today announced its LumiSmart(TM) - Intelligent Lighting Controller - is a finalist for "Best New Technology" and "Best Lighting Controller" at Lightfair International. Cavet Technologies is introducing its LumiSmart ILC to the industry at Lightfair (Booth No.1451). The LumiSmart is a purpose-built solution that dramatically reduces power consumed by fluorescent lighting systems with no impact on occupant comfort. The solution is designed for industrial, commercial and institutional properties and can be installed within minutes, providing minimal disruption to daily business activities.

"We are thrilled to be awarded this status, said Albert Behr, President and CEO of Cavet Technologies. "It is an honor to receive this acknowledgment by the industry, especially as a start-up organization. We believe our LumiSmart ILC will set the new worldwide standard as the most cost-effective commercial lighting energy-reduction solution. With this recognition, we are one step closer to achieving that goal."

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. The LumiSmart ILC is Internet-ready (with the addition of the upcoming LumiSmart DRC - Demand Response Control module) and will enable full remote "command and control" for utilities, property managers and customers, allowing for on-demand reaction to real-time electrical events. Cavet's 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.

Benefits of LumiSmart ILC

LumiSmart ignites a new way of thinking about energy efficient lighting solutions and offers a number of energy and costing savings benefits, including:

    
    -   Maintaining light level quality with reduced energy consumption;

    -   Providing a positive impact to net income through energy bill
        reduction;

    -   Delivering a return on investment from 12 to 24 months, depending on
        the lighting system;

    -   Offering energy reduction data that is quantifiable, measurable and
        traceable;

    -   Providing CO2 emissions that can be tracked and reported;

    -   Reducing electricity consumption of 30% or more, subject to facility
        requirements;

    -   Offering a Smart Grid-enabled device that is ready to connect to any;
        and

    -   Supplying Smart Grid utility (Smart Grid module).
    

About Cavet Technologies Inc.

Cavet Technologies Inc. is a company built on the belief of sustainability. The company is a proud member of the Canadian and US Green Building Councils. Since 2001 has been engineering and perfecting waveform modification technologies that save energy and reduce greenhouse gas emissions. The company owns six patents and manufacturers its product, LumiSmart in Canada. Cavet Technologies was founded on 10 years of engineering in lighting energy consumption reduction and holds several patents for this technology and is fast becoming recognized Canadian success story with the LumiSmart ILC. Cavet's mandate is bringing innovative, sustainable and green technologies to fruition in the marketplace through a focus on quality product development and efficient and scalable distribution channels managed through a network of international partners. To learn more about Cavet Technologies Inc., please visit www.cavettech.com.

For further information: Leslie Taschner, Cavet Technologies Inc., T: [phone], E: [email protected]