Super Vision (NASDAQ:SUPVA)
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Super Vision International, Inc. (NASDAQ:SUPVA), a world
leader in the design and manufacture of LED and fiber optic lighting
systems for applications in the commercial, architectural, signage,
swimming pool and retail lighting markets today announced the
resignation of board member David Feldman, President of Cooper
Lighting, and the election of Mike Bauer, Super Vision's new
President/CEO, to its board of directors and the strategic initiatives
committee of the board.
"Due to my other commitments with Cooper Industries, I will not
be able to devote the time required to continue on the board," stated
Mr. Feldman. "I believe the business is in capable hands and the
future is bright for SVI. The new products, technology focus and new
management team will all contribute toward taking Super Vision to
the next level."
"On behalf of the entire board, I want to thank Dave for his
commitment to the board over the last several years and the
contribution he made to Super Vision," said Brett Kingstone, Super
Vision's Chairman of the Board. "I also welcome Mike to the board not
only as the strategic leader of the company but also for the almost
two decades of lighting experience he brings to the board. I look
forward to working with him and our other talented directors to help
position the company for long term success."
Certain of the above statements contained in this press release
are forward-looking statements that involve a number of risks and
uncertainties. Such forward-looking statements are within the meaning
of that term in Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Reference is made to Super
Vision's filings under the Securities Exchange Act for factors that
could cause actual results to differ materially. Super Vision
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise. Readers are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those indicated in the forward-looking
statements as a result of various factors. Readers are cautioned not
to place undue reliance on these forward-looking statements.