Monday, June 06, 2011 3:43:23 PM
Ultimate DD SS Included 06/06/2011 "CYBL"
Cyberlux is a producer of high quality, energy efficient Solid State Lighting (SSL) products that incorporate LED's from some of the worlds best producers of LED products. Aside from producing our own products, Cyberlux is involved with companies who have requested us to design and build lighting products which compliment their existing products and new lighting products to enhance their current mix of products.
Cyberlux is engaged in the production of sophisticated covert (IR) lighting systems that enable security personnel to view long range expanses with night vision goggles (NVG's) which clearly identify potential threats long before incursion is imminent.
The covert lighting systems designed for the US Military required new thinking around how very bright light is disbursed and controlled for energy efficiency.
This new thinking has defined how to solve energy efficient and maintenance-free solutions for products in the commercial sector
What to expect soon:
- CALL IR, major update expected here…
- New (massive) Gov contract and shipment “real company with products on Gov websites … Major Contract expected …
____________________________________________________________________________________________________________________________________
Contact Information
Cyberlux Mailing address
Cyberlux Corporation (now registered in NC)
4625 Creekstone Drive, Suite 130
Research Triangle Park
Durham, NC 27703
http://www.secretary.state.nc.us/corporations/Filings.aspx?PItemId=5394046
Tel (919) 474 9700
Fax (919) 474 9712
http://www.cyberlux.com/list.php
____________________________________________________________________________________________________________________________________
Share Structure
Shares Outstanding------665,875,578 a/o June, 06, 2011
Float-------------------665,875,578 a/o June 06, 2011
TRANSFER AGENT IS: Standard Registry Phone# 801-571-8844 (feel free to call they do give information out to shareholders)
Link to Institutional Ownership (large block holders)
http://www.dailyfinance.com/company/cyberlux-corp/cybl/nab/institutional-ownership
____________________________________________________________________________________________________________________________________
Recent Contracts
07/15/2010-----------------$3.4Million National Guard Bureau for 200 BrightEye
http://ih.advfn.com/p.php?pid=nmona&article=43619134
- 07/30/2010 First $340,000 Shipment
- 08/16/2010 $510,000 Shipment
FROM PR ON 01/10/2011----------------$663,000 National Guard Bureau for 39 BrightEye Systems
More than 4Million in contracts for 2010
____________________________________________________________________________________________________________________________________
**Congress recently passed a bill to ban incandescent light bulb**
http://www.rightsidenews.com/2011032413114/life-and-science/energy-and-environment/banning-the-bulb.html
This explains why all the new contracts from **Government** are coming in.
The article indicates that incandescent bulbs will be replaced by compact fluorescent (CFL), however the fluorescent lights are not designed for long range (airports, etc), which means the military, air force, etc, can’t use the fluorescent lights, so the LED technology which Cyberlux makes comes into play..
________________________________________________________________________________________________________________________________________________
Technology that consumes 92% less energy than incandescent bulbs
Cyberlux’s lighting systems –that provide superior lighting sources without the extreme heat of most bulbs– are less expensive than conventional bulbs or tubes by 200% in total cost of ownership.
And with technology that consumes 92% less energy than incandescent bulbs (common household bulbs), 30% less than most fluorescent lighting systems, and new lighting efficiency that can last up to 20 years, Cyberlux is at the forefront of next-generation lighting solutions.
Cyberlux has the ability to innovate with a great amount of patience, responsibility and integrity to become a leading force in producing the highest quality, energy efficient, reliable lighting solutions in the industry.
(On main page of website)
http://cyberlux.com/list.php
____________________________________________________________________________________________________________________________________
Some of the Retailers
- Amazon.com
http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=Cyberlux
KeyCap with Built-in LED Key Light
Multi-Purpose Emergency LED Light (White) (10"L x 9"W x 3"H)
The perfect multi-purpose emergency light that serves so many needs!
Over 500 hours of light from just 4 AA batteries.
For more information (http://www.cyberlux.com/sublistings.php?ocid=600&id=2300&cid=1520)
- Government Website
https://www.gsaadvantage.gov/advantage/s/search.do?q=0:0cyberlux&db=0&searchType=1
Most expensive Products
- BRIGHTEYE PORTABLE LIGHTING SYSTEM----------$19,912.00 EACH
- WATCHDOG PORTABLE LIGHTING SYSTEM--------$17,289.00 EACH
____________________________________________________________________________________________________________________________________
Cyberlux Corporation (OTC:CYBL) (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today (from 2008) that the U.S. Patent Office has recently awarded patent protection for 21 claims contained within the Company's U.S. Patent Application for Portable Light Device, Application Number 11/336,562 filed on January 21, 2006. The new patent claims define specific areas of patent protection for the Company's BrightEye and WatchDog portable lighting products and augment the 29 patent claims announced in May 2008. In combination, the 50 patent claims provide Cyberlux with thorough patent protection for its WatchDog and BrightEye family of tactical lighting products, as well as any future products developed on this patent foundation.
"Cyberlux continues to be a leader in solid-state LED lighting innovation, and these additional 21 patent claims will extend the scope of patent protection we have on our breakthrough tactical lighting systems. In addition, this patent foundation will provide the technical basis for future product development and new product engineering advances," said Mark Schmidt, president and chief executive officer for Cyberlux. "With the Company's continued focus on profitability and growth, the development of innovative, patentable solid-state LED lighting technology is a strategic imperative and a keystone component of our long-term growth."
http://search.usa.gov/search/advanced
____________________________________________________________________________________________________________________________________
SOCOM Orders 2 Cyberlux BrightEye Systems link (in 2008 but the connection is important here)
http://www.photonics.com/Article.aspx?AID=35780
website to SOCOM
http://www.socom.mil/SOCOMHome/Pages/default.aspx
(on SOCOM website) SOG Airmen open strategic runways for relief operations in Japan Airmen and from the 353rd Special Operations Group have assisted Japanese officials in opening two key runways to support relief operations in northern Japan March 16. (More operations means more resources needed)
SOCOM Orders 2 Cyberlux BrightEye Systems link
http://www.photonics.com/Article.aspx?AID=35780
Website to SOCOM (on their website runways relief operations in Japan could see more orders)
http://www.socom.mil/SOCOMHome/Pages/default.aspx ___________________________________________________________________________________________________________________________________
Cyberlux Portable Shelter Lighting (PSL) delivers the most energy efficient lighting available for portable shelters. Cyberlux designed the PSL to provide ideal light dispersion and illumination for shelter structures with either white, red or blue lighting. The PSL configurations are specifically designed for use with existing portable shelter manufacturers.
• Directed Tri-modal Color Lighting in White / Red / Blue for optimal broad area illumination of shelters and other structures
• Performs for over 50,000 hours without any Light Bar replacement
• System operates with 31% more energy efficiency when compared to fluorescent task lighting
• Provides minimum of 8 foot-candles with 120V AC / 18 watts DC power
• Minimum Portable Shelter Lighting System Configuration:
o Either 2, 4 or 8 Light Bars in a Wheeled Case
o Optional Battery Power Supply for DC-powered Operation
• All Products and Designs are Patented or Patent-Pending
View/download the PSL Overview, Spec Sheet, Comparison Information & Photometrics info [PDF]
Cyberlux Vs. Jameson & Drash Feature Comparison http://www.cyberlux.com/sublistings.php?ocid=320&id=410&cid=1520
____________________________________________________________________________________________________________________________________
New products Updated on website**
**Outside Overhead LED Lighting (OOL) Spec Sheet & Photo-metrics info [PDF]
**Outside Area LED Lighting (OAL) Spec Sheet & Photo-metrics info [PDF]
**Portable Shelter LED Lighting (PSL) Spec Sheet, Comparison Information & Photo-metrics info [PDF]
http://www.cyberlux.com/list.php?cid=1570&res=1366&esi=8b4b25eba976c89d61aef6c1e3a4a82116da4c941b092c268d
Cyberlux is selling many lights on the GSA Schedule. Check it out...
https://www.gsaadvantage.gov/advantage/s/search.do?q=0:0cyberlux&db=0&searchType=1
____________________________________________________________________________________________________________________________________
Letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation
RESEARCH TRIANGLE PARK, N.C., Jan 10, 2011 (BUSINESS WIRE) -- The following is a letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation.
Dear Fellow Cyberlux Shareholder:
I would like to update you on the progress we made in 2010, the Company's plans for 2011 and the ongoing challenges facing Cyberlux Corporation.
First, I want to express my continued appreciation for your support as a fellow shareholder, and address the reasons why we are not as communicative as other OTCBB companies our size While the Company recognizes that the growing pains experienced by younger companies is ultimately passed on to the shareholders in price performance, please understand that your Management team is continuing the challenging task of putting past legacy issues behind us that are still materially affecting the stock today. Cyberlux Corporation is truly thankful to have you as an investor and we fully understand the trust you have put in Management.
Cyberlux Management is committed to the restructuring tasks that remain ahead, and we will continue the turnaround effort that has been underway for the past two years until the job is done. Additionally, many of our clients consist of very large publicly traded companies, as well as the Government. The contracts we have successfully secured require confidentiality agreements and conditions that sometimes only allow us to disclose these events in our required filings. You must understand that we would love nothing more than to be able to market these accomplishments through press releases and the like, but we have experienced first-hand the ramifications that occur with doing this within our sensitive client base. We have learned that the downside to releasing this news can range anywhere from being reprimanded by our clients, to allowing competitors to take business from the company. We must balance our exposure based upon the language in our contracts, feedback from our clients and simply what makes sense to the company. That being said, the company does its best to be as transparent as possible, and always attempts to be in full compliance with all disclosure regulations, but we must do what is best for the company when it comes to what can be released as marketing material.
During 2010, Cyberlux Management focused on the Company's competitive differentiators: strong governmental relationships, product innovation, proprietary LED knowledge and "patented" LED technology. This focus allowed the Company to secure its first significant Department of Defense (DoD) contract in May with the National Guard Bureau for 200 BrightEye Systems and $3,400,000 in revenue. In addition, we secured a second contract from the National Guard Bureau for 39 BrightEye Systems and an additional $663,000 in revenue. For a company our size, securing over $4.0M in contracts is not only remarkable, but is the source of revenue and profit that can fuel the turnaround effort already underway. Also and as previously disseminated, we have an ongoing development relationship with Spectrum Brands, most notably, its Rayovac brand. This relationship calls for our design and manufacturing abilities to compliment one of the largest branding companies with clients worldwide. While the research and development of this project has taken longer than we originally expected, we still believe this to be considerable source of revenue in 2011 and beyond. Both Management teams have been in constant communication and we hope to have material updates for you in the near future.
The DoD contract, as well as the Spectrum Brands opportunity, are two perfect examples of our refined business model that we believe will lead to an improved balance sheet and a more valuable company for all of you. Our pipeline is focused on similar clients, so we hope to announce new revenue sources that are in-line with what was described above.
We are already seeing the improvements with the Company posting a 3Q 2010 net income from Operations of $272,907 versus a loss $486,161 for the same period in 2009. On a year-to-date basis, the Company increased revenue by $1,539,962 and reduced its loss by $936,889 through 3Q 2010, compared to the same period in 2009. This is the first positive quarterly net income from Operations that the Company has ever posted. In these results, we can also see that the ongoing focus on expense reduction is reflected in the balance sheet as well for 2010, with G & A expenses being reduced an additional 17% from $1,604,029 to $1,327,943 through 3Q. Clearly, we are making progress.
With this cost structure, the Company should be positioned for growth as our business model continues to advance, but we can never be certain of the future and the business risk a small company like Cyberlux faces is ongoing. The Management team realizes that the future viability of Cyberlux depends on a constant stream of revenue from known customers with known demand and requirements. In the past, the Company had false starts on products that did not make it to market, which resulted in significant debt with investors who had the opportunity to convert that debt into equity. As disclosed, Management entered into a settlement agreement with its largest, as well as one of the earlier investors that allows what would have been a costly and strategically limiting 'bottomless' convertible debt into a payable that can be settled over time. Ultimately, Management opted to reflect this payable in the balance sheet "rather than risk" an uncertain outcome and unforeseeable dilution of a limitless convertible debt. As the terms of the settlement agreement stipulate, this payable can be satisfied with payments either in stock or cash. Given the cash flow requirements of the business, Management has had to rely on stock as the means for satisfying this payable in a non-toxic fashion, and this will be the case for the foreseeable future. While satisfying this payable is, in our opinion, non-toxic, we do realize it is dilutive. The CYBL share price has a direct correlation with the amount of equity used to satisfy the payable, which is a dilutive event. While we recognize that the progress we've made justifies a higher market capitalization than where we trade today, we also believe the best interests of the shareholders, including Management, are being served by resolving this payable with equity.
Management has a strong ethical belief that the share price is driven by the markets, and we do not interfere with the Company's stock other than to inform the market of material events. As we grow the business and resolve remaining legacy issues, the share price should rise accordingly. For the foreseeable future, we will continue to experience dilution, but we are hopeful to see a transition in the future where the share price reflects performance. Like most public companies, our goal, is to minimize dilution, become sustainable from revenue generation and share with all investors the benefit of a stock that is valued relative to the growth of the company.
There is no doubt that the Company must continue to define the business model, as well as the capitalization structure, in order to yield results for both the Company and investor. We are discussing every possible opportunity that will allow the shareholder to be in lock step with the Company as it grows. The changes Management has made in the Cyberlux business model are showing as positive results both in the balance sheet and in the operation of the Company. The remaining challenges require every Cyberlux employee to be constantly focused on execution, on quality and on achieving the commitments we make to our customers and business partners. Excellence is achieved daily, through focused execution and the unwavering efforts of Cyberlux employees.
____________________________________________________________________________________________________________________________________
Management
- Mark D. Schmidt, CEO, President, & Director
Mr. Schmidt graduated Summa Cum Laude with a Bachelor of Science Degree in Engineering from North Carolina State University and earned an MBA Degree from the Fuqua School of Business at Duke University.
Mr. Schmidt is a former IBM executive with over 15 years of consumer marketing, business management and venture startup experience. He is a recognized technology product marketing & sales expert who was responsible for the global market launch of the IBM Valuepoint and IBM Aptiva personal computer products as well as multiple accessories, services and home networking products.
He has held positions responsible for product development, manufacturing, marketing, sales, strategic partnerships and worldwide channel development.
- Alan H. Ninneman, Senior Vice President & Director
Mr. Ninneman attended Elgin Community College, Elgin, IL and subsequently majored in business administration at Southern Illinois University, Carbondale, IL. He became a Senior Business Analyst at Apple Computer specializing in financial software and manufacturing software.
Prior to joining City Software, Inc. in 1992, he served as a Senior Support Analyst for Tandem Computer in Cupertino, CA. He was formerly President of CSI that designs implements and administers software products for states, counties and cities to track financial and demographic information required by Federal Agencies.
- Mr. Ninneman is responsible for SCCS operations, internet fulfillment, vendor qualification & coordination.
David D. Downing, Treasurer & CFO
Mr. Downing graduated from Grove City College, Grove City, PA with a BA Degree in Accounting. He was formerly an internal auditor for Dravo Corporation (NYSE) including duties in finance, preparation of 10-Qs and 10-Ks for SEC filings, global money management for operations in Japan, China and Mexico.
He was formerly the CFO and Director of Marietta Industrial Enterprises, Marietta, OH and is a Director of Agri-Cycle Products, Inc., Columbus, OH and Director of American Business Parks, Inc., Marietta, OH.
____________________________________________________________________________________________________________________________________
In North America, issues such as rising oil prices, hurricanes, global warming and other environmental crises are raising the awareness and importance of renewable energy initiatives. The benefits to both consumers and corporates of energy efficient lighting solutions are gaining in importance as executives from General Electric (GE), Philips Lighting B.V. (PHG) and Cyberlux Corporation (CYBL) make evident through their conversations with RenewableEnergyStocks.com in the following report.
Traditional lighting companies are obviously aware of the energy efficient trend and are working to develop solutions that fit into the nation's renewable energy initiatives.
"Energy-efficient GE products save customers money," said Joseph G. Howley, Manager, Industry Relations & Environmental Marketing at GE Consumer & Industrial."Customers are willing to pay slightly more for these products because they get a quick payback from the energy savings," continued Howley. "For businesses, the overall cost of light, not the cost of the bulb, is what counts: bulbs can represent as little as 4 percent of the overall life-cycle cost; maintenance and labor costs such as installation represent as little as 8 percent of the overall life-cycle cost; and energy costs over the life of a bulb can represent as much as 88 percent of the overall cost of light. The financial benefits to the customer and GE drive the development of energy efficient products."
"The capability of solid-state lighting technology has advanced significantly, at a 'Moore's Law' pace," said Mark Schmidt, COO and president of Cyberlux. "Our products harness this capability
____________________________________________________________________________________________________________________________________
Latest News
- 02/11/2011 4:38PM EDGAR Statement of Ownership (SC 13G)
OTCBB:CYBL
- 01/10/2011 9:29AM BW Letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation
OTCBB:CYBL
Cyberlux Corporation
- 11/15/2010 2:52PM Form (10-Q) Quarterly Report
OTCBB:CYBL
- 08/17/2010 1:26PM Form (10-Q) Quarterly Report
OTCBB:CYBL
- 08/17/2010 1:08PM EDGAR Notification that Quarterly Report will be submitted late (NT 10-Q)
OTCBB:CYBL
- 08/16/2010 9:00AM BW Cyberlux Books $510,000 in Revenue by Fulfilling Next Shipment of the $3.4 Million National Guard Bureau Contract
OTCBB:CYBL
Cyberlux Corporation
- 08/10/2010 9:00AM BW Cyberlux Receives and Delivers Sierra Nevada Corporation Order for Mobile Command Center Lighting
OTCBB:CYBL
Cyberlux Corporation
- 07/30/2010 12:03PM BW Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract
OTCBB:CYBL
Cyberlux Corporation
- 07/30/2010 11:23AM BW Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract
OTCBB:CYBL
Cyberlux Corporation
- 07/15/2010 11:30AM BW Cyberlux Enters into $3.4 Million Contract with National Guard Bureau for 200 BrightEye Dual Lighthead Tactical Illumination ...
OTCBB:CYBL
Cyberlux
Link to all NEWS
http://www.cyberlux.com/listings.php?id=2800&cid=1550
Cyberlux is a producer of high quality, energy efficient Solid State Lighting (SSL) products that incorporate LED's from some of the worlds best producers of LED products. Aside from producing our own products, Cyberlux is involved with companies who have requested us to design and build lighting products which compliment their existing products and new lighting products to enhance their current mix of products.
Cyberlux is engaged in the production of sophisticated covert (IR) lighting systems that enable security personnel to view long range expanses with night vision goggles (NVG's) which clearly identify potential threats long before incursion is imminent.
The covert lighting systems designed for the US Military required new thinking around how very bright light is disbursed and controlled for energy efficiency.
This new thinking has defined how to solve energy efficient and maintenance-free solutions for products in the commercial sector
What to expect soon:
- CALL IR, major update expected here…
- New (massive) Gov contract and shipment “real company with products on Gov websites … Major Contract expected …
____________________________________________________________________________________________________________________________________
Contact Information
Cyberlux Mailing address
Cyberlux Corporation (now registered in NC)
4625 Creekstone Drive, Suite 130
Research Triangle Park
Durham, NC 27703
http://www.secretary.state.nc.us/corporations/Filings.aspx?PItemId=5394046
Tel (919) 474 9700
Fax (919) 474 9712
http://www.cyberlux.com/list.php
____________________________________________________________________________________________________________________________________
Share Structure
Shares Outstanding------665,875,578 a/o June, 06, 2011
Float-------------------665,875,578 a/o June 06, 2011
TRANSFER AGENT IS: Standard Registry Phone# 801-571-8844 (feel free to call they do give information out to shareholders)
Link to Institutional Ownership (large block holders)
http://www.dailyfinance.com/company/cyberlux-corp/cybl/nab/institutional-ownership
____________________________________________________________________________________________________________________________________
Recent Contracts
07/15/2010-----------------$3.4Million National Guard Bureau for 200 BrightEye
http://ih.advfn.com/p.php?pid=nmona&article=43619134
- 07/30/2010 First $340,000 Shipment
- 08/16/2010 $510,000 Shipment
FROM PR ON 01/10/2011----------------$663,000 National Guard Bureau for 39 BrightEye Systems
More than 4Million in contracts for 2010
____________________________________________________________________________________________________________________________________
**Congress recently passed a bill to ban incandescent light bulb**
http://www.rightsidenews.com/2011032413114/life-and-science/energy-and-environment/banning-the-bulb.html
This explains why all the new contracts from **Government** are coming in.
The article indicates that incandescent bulbs will be replaced by compact fluorescent (CFL), however the fluorescent lights are not designed for long range (airports, etc), which means the military, air force, etc, can’t use the fluorescent lights, so the LED technology which Cyberlux makes comes into play..
________________________________________________________________________________________________________________________________________________
Technology that consumes 92% less energy than incandescent bulbs
Cyberlux’s lighting systems –that provide superior lighting sources without the extreme heat of most bulbs– are less expensive than conventional bulbs or tubes by 200% in total cost of ownership.
And with technology that consumes 92% less energy than incandescent bulbs (common household bulbs), 30% less than most fluorescent lighting systems, and new lighting efficiency that can last up to 20 years, Cyberlux is at the forefront of next-generation lighting solutions.
Cyberlux has the ability to innovate with a great amount of patience, responsibility and integrity to become a leading force in producing the highest quality, energy efficient, reliable lighting solutions in the industry.
(On main page of website)
http://cyberlux.com/list.php
____________________________________________________________________________________________________________________________________
Some of the Retailers
- Amazon.com
http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=Cyberlux
KeyCap with Built-in LED Key Light
Multi-Purpose Emergency LED Light (White) (10"L x 9"W x 3"H)
The perfect multi-purpose emergency light that serves so many needs!
Over 500 hours of light from just 4 AA batteries.
For more information (http://www.cyberlux.com/sublistings.php?ocid=600&id=2300&cid=1520)
- Government Website
https://www.gsaadvantage.gov/advantage/s/search.do?q=0:0cyberlux&db=0&searchType=1
Most expensive Products
- BRIGHTEYE PORTABLE LIGHTING SYSTEM----------$19,912.00 EACH
- WATCHDOG PORTABLE LIGHTING SYSTEM--------$17,289.00 EACH
____________________________________________________________________________________________________________________________________
Cyberlux Corporation (OTC:CYBL) (BULLETIN BOARD: CYBL) , a leading provider of LED lighting solutions, announced today (from 2008) that the U.S. Patent Office has recently awarded patent protection for 21 claims contained within the Company's U.S. Patent Application for Portable Light Device, Application Number 11/336,562 filed on January 21, 2006. The new patent claims define specific areas of patent protection for the Company's BrightEye and WatchDog portable lighting products and augment the 29 patent claims announced in May 2008. In combination, the 50 patent claims provide Cyberlux with thorough patent protection for its WatchDog and BrightEye family of tactical lighting products, as well as any future products developed on this patent foundation.
"Cyberlux continues to be a leader in solid-state LED lighting innovation, and these additional 21 patent claims will extend the scope of patent protection we have on our breakthrough tactical lighting systems. In addition, this patent foundation will provide the technical basis for future product development and new product engineering advances," said Mark Schmidt, president and chief executive officer for Cyberlux. "With the Company's continued focus on profitability and growth, the development of innovative, patentable solid-state LED lighting technology is a strategic imperative and a keystone component of our long-term growth."
http://search.usa.gov/search/advanced
____________________________________________________________________________________________________________________________________
SOCOM Orders 2 Cyberlux BrightEye Systems link (in 2008 but the connection is important here)
http://www.photonics.com/Article.aspx?AID=35780
website to SOCOM
http://www.socom.mil/SOCOMHome/Pages/default.aspx
(on SOCOM website) SOG Airmen open strategic runways for relief operations in Japan Airmen and from the 353rd Special Operations Group have assisted Japanese officials in opening two key runways to support relief operations in northern Japan March 16. (More operations means more resources needed)
SOCOM Orders 2 Cyberlux BrightEye Systems link
http://www.photonics.com/Article.aspx?AID=35780
Website to SOCOM (on their website runways relief operations in Japan could see more orders)
http://www.socom.mil/SOCOMHome/Pages/default.aspx ___________________________________________________________________________________________________________________________________
Cyberlux Portable Shelter Lighting (PSL) delivers the most energy efficient lighting available for portable shelters. Cyberlux designed the PSL to provide ideal light dispersion and illumination for shelter structures with either white, red or blue lighting. The PSL configurations are specifically designed for use with existing portable shelter manufacturers.
• Directed Tri-modal Color Lighting in White / Red / Blue for optimal broad area illumination of shelters and other structures
• Performs for over 50,000 hours without any Light Bar replacement
• System operates with 31% more energy efficiency when compared to fluorescent task lighting
• Provides minimum of 8 foot-candles with 120V AC / 18 watts DC power
• Minimum Portable Shelter Lighting System Configuration:
o Either 2, 4 or 8 Light Bars in a Wheeled Case
o Optional Battery Power Supply for DC-powered Operation
• All Products and Designs are Patented or Patent-Pending
View/download the PSL Overview, Spec Sheet, Comparison Information & Photometrics info [PDF]
Cyberlux Vs. Jameson & Drash Feature Comparison http://www.cyberlux.com/sublistings.php?ocid=320&id=410&cid=1520
____________________________________________________________________________________________________________________________________
New products Updated on website**
**Outside Overhead LED Lighting (OOL) Spec Sheet & Photo-metrics info [PDF]
**Outside Area LED Lighting (OAL) Spec Sheet & Photo-metrics info [PDF]
**Portable Shelter LED Lighting (PSL) Spec Sheet, Comparison Information & Photo-metrics info [PDF]
http://www.cyberlux.com/list.php?cid=1570&res=1366&esi=8b4b25eba976c89d61aef6c1e3a4a82116da4c941b092c268d
Cyberlux is selling many lights on the GSA Schedule. Check it out...
https://www.gsaadvantage.gov/advantage/s/search.do?q=0:0cyberlux&db=0&searchType=1
____________________________________________________________________________________________________________________________________
Letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation
RESEARCH TRIANGLE PARK, N.C., Jan 10, 2011 (BUSINESS WIRE) -- The following is a letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation.
Dear Fellow Cyberlux Shareholder:
I would like to update you on the progress we made in 2010, the Company's plans for 2011 and the ongoing challenges facing Cyberlux Corporation.
First, I want to express my continued appreciation for your support as a fellow shareholder, and address the reasons why we are not as communicative as other OTCBB companies our size While the Company recognizes that the growing pains experienced by younger companies is ultimately passed on to the shareholders in price performance, please understand that your Management team is continuing the challenging task of putting past legacy issues behind us that are still materially affecting the stock today. Cyberlux Corporation is truly thankful to have you as an investor and we fully understand the trust you have put in Management.
Cyberlux Management is committed to the restructuring tasks that remain ahead, and we will continue the turnaround effort that has been underway for the past two years until the job is done. Additionally, many of our clients consist of very large publicly traded companies, as well as the Government. The contracts we have successfully secured require confidentiality agreements and conditions that sometimes only allow us to disclose these events in our required filings. You must understand that we would love nothing more than to be able to market these accomplishments through press releases and the like, but we have experienced first-hand the ramifications that occur with doing this within our sensitive client base. We have learned that the downside to releasing this news can range anywhere from being reprimanded by our clients, to allowing competitors to take business from the company. We must balance our exposure based upon the language in our contracts, feedback from our clients and simply what makes sense to the company. That being said, the company does its best to be as transparent as possible, and always attempts to be in full compliance with all disclosure regulations, but we must do what is best for the company when it comes to what can be released as marketing material.
During 2010, Cyberlux Management focused on the Company's competitive differentiators: strong governmental relationships, product innovation, proprietary LED knowledge and "patented" LED technology. This focus allowed the Company to secure its first significant Department of Defense (DoD) contract in May with the National Guard Bureau for 200 BrightEye Systems and $3,400,000 in revenue. In addition, we secured a second contract from the National Guard Bureau for 39 BrightEye Systems and an additional $663,000 in revenue. For a company our size, securing over $4.0M in contracts is not only remarkable, but is the source of revenue and profit that can fuel the turnaround effort already underway. Also and as previously disseminated, we have an ongoing development relationship with Spectrum Brands, most notably, its Rayovac brand. This relationship calls for our design and manufacturing abilities to compliment one of the largest branding companies with clients worldwide. While the research and development of this project has taken longer than we originally expected, we still believe this to be considerable source of revenue in 2011 and beyond. Both Management teams have been in constant communication and we hope to have material updates for you in the near future.
The DoD contract, as well as the Spectrum Brands opportunity, are two perfect examples of our refined business model that we believe will lead to an improved balance sheet and a more valuable company for all of you. Our pipeline is focused on similar clients, so we hope to announce new revenue sources that are in-line with what was described above.
We are already seeing the improvements with the Company posting a 3Q 2010 net income from Operations of $272,907 versus a loss $486,161 for the same period in 2009. On a year-to-date basis, the Company increased revenue by $1,539,962 and reduced its loss by $936,889 through 3Q 2010, compared to the same period in 2009. This is the first positive quarterly net income from Operations that the Company has ever posted. In these results, we can also see that the ongoing focus on expense reduction is reflected in the balance sheet as well for 2010, with G & A expenses being reduced an additional 17% from $1,604,029 to $1,327,943 through 3Q. Clearly, we are making progress.
With this cost structure, the Company should be positioned for growth as our business model continues to advance, but we can never be certain of the future and the business risk a small company like Cyberlux faces is ongoing. The Management team realizes that the future viability of Cyberlux depends on a constant stream of revenue from known customers with known demand and requirements. In the past, the Company had false starts on products that did not make it to market, which resulted in significant debt with investors who had the opportunity to convert that debt into equity. As disclosed, Management entered into a settlement agreement with its largest, as well as one of the earlier investors that allows what would have been a costly and strategically limiting 'bottomless' convertible debt into a payable that can be settled over time. Ultimately, Management opted to reflect this payable in the balance sheet "rather than risk" an uncertain outcome and unforeseeable dilution of a limitless convertible debt. As the terms of the settlement agreement stipulate, this payable can be satisfied with payments either in stock or cash. Given the cash flow requirements of the business, Management has had to rely on stock as the means for satisfying this payable in a non-toxic fashion, and this will be the case for the foreseeable future. While satisfying this payable is, in our opinion, non-toxic, we do realize it is dilutive. The CYBL share price has a direct correlation with the amount of equity used to satisfy the payable, which is a dilutive event. While we recognize that the progress we've made justifies a higher market capitalization than where we trade today, we also believe the best interests of the shareholders, including Management, are being served by resolving this payable with equity.
Management has a strong ethical belief that the share price is driven by the markets, and we do not interfere with the Company's stock other than to inform the market of material events. As we grow the business and resolve remaining legacy issues, the share price should rise accordingly. For the foreseeable future, we will continue to experience dilution, but we are hopeful to see a transition in the future where the share price reflects performance. Like most public companies, our goal, is to minimize dilution, become sustainable from revenue generation and share with all investors the benefit of a stock that is valued relative to the growth of the company.
There is no doubt that the Company must continue to define the business model, as well as the capitalization structure, in order to yield results for both the Company and investor. We are discussing every possible opportunity that will allow the shareholder to be in lock step with the Company as it grows. The changes Management has made in the Cyberlux business model are showing as positive results both in the balance sheet and in the operation of the Company. The remaining challenges require every Cyberlux employee to be constantly focused on execution, on quality and on achieving the commitments we make to our customers and business partners. Excellence is achieved daily, through focused execution and the unwavering efforts of Cyberlux employees.
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Management
- Mark D. Schmidt, CEO, President, & Director
Mr. Schmidt graduated Summa Cum Laude with a Bachelor of Science Degree in Engineering from North Carolina State University and earned an MBA Degree from the Fuqua School of Business at Duke University.
Mr. Schmidt is a former IBM executive with over 15 years of consumer marketing, business management and venture startup experience. He is a recognized technology product marketing & sales expert who was responsible for the global market launch of the IBM Valuepoint and IBM Aptiva personal computer products as well as multiple accessories, services and home networking products.
He has held positions responsible for product development, manufacturing, marketing, sales, strategic partnerships and worldwide channel development.
- Alan H. Ninneman, Senior Vice President & Director
Mr. Ninneman attended Elgin Community College, Elgin, IL and subsequently majored in business administration at Southern Illinois University, Carbondale, IL. He became a Senior Business Analyst at Apple Computer specializing in financial software and manufacturing software.
Prior to joining City Software, Inc. in 1992, he served as a Senior Support Analyst for Tandem Computer in Cupertino, CA. He was formerly President of CSI that designs implements and administers software products for states, counties and cities to track financial and demographic information required by Federal Agencies.
- Mr. Ninneman is responsible for SCCS operations, internet fulfillment, vendor qualification & coordination.
David D. Downing, Treasurer & CFO
Mr. Downing graduated from Grove City College, Grove City, PA with a BA Degree in Accounting. He was formerly an internal auditor for Dravo Corporation (NYSE) including duties in finance, preparation of 10-Qs and 10-Ks for SEC filings, global money management for operations in Japan, China and Mexico.
He was formerly the CFO and Director of Marietta Industrial Enterprises, Marietta, OH and is a Director of Agri-Cycle Products, Inc., Columbus, OH and Director of American Business Parks, Inc., Marietta, OH.
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In North America, issues such as rising oil prices, hurricanes, global warming and other environmental crises are raising the awareness and importance of renewable energy initiatives. The benefits to both consumers and corporates of energy efficient lighting solutions are gaining in importance as executives from General Electric (GE), Philips Lighting B.V. (PHG) and Cyberlux Corporation (CYBL) make evident through their conversations with RenewableEnergyStocks.com in the following report.
Traditional lighting companies are obviously aware of the energy efficient trend and are working to develop solutions that fit into the nation's renewable energy initiatives.
"Energy-efficient GE products save customers money," said Joseph G. Howley, Manager, Industry Relations & Environmental Marketing at GE Consumer & Industrial."Customers are willing to pay slightly more for these products because they get a quick payback from the energy savings," continued Howley. "For businesses, the overall cost of light, not the cost of the bulb, is what counts: bulbs can represent as little as 4 percent of the overall life-cycle cost; maintenance and labor costs such as installation represent as little as 8 percent of the overall life-cycle cost; and energy costs over the life of a bulb can represent as much as 88 percent of the overall cost of light. The financial benefits to the customer and GE drive the development of energy efficient products."
"The capability of solid-state lighting technology has advanced significantly, at a 'Moore's Law' pace," said Mark Schmidt, COO and president of Cyberlux. "Our products harness this capability
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Latest News
- 02/11/2011 4:38PM EDGAR Statement of Ownership (SC 13G)
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- 01/10/2011 9:29AM BW Letter to Shareholders from Mark D. Schmidt, President/CEO of Cyberlux Corporation
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Cyberlux Corporation
- 11/15/2010 2:52PM Form (10-Q) Quarterly Report
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- 08/17/2010 1:26PM Form (10-Q) Quarterly Report
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- 08/17/2010 1:08PM EDGAR Notification that Quarterly Report will be submitted late (NT 10-Q)
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- 08/16/2010 9:00AM BW Cyberlux Books $510,000 in Revenue by Fulfilling Next Shipment of the $3.4 Million National Guard Bureau Contract
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Cyberlux Corporation
- 08/10/2010 9:00AM BW Cyberlux Receives and Delivers Sierra Nevada Corporation Order for Mobile Command Center Lighting
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Cyberlux Corporation
- 07/30/2010 12:03PM BW Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract
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Cyberlux Corporation
- 07/30/2010 11:23AM BW Cyberlux Fulfills First $340,000 Shipment of Its $3.4 Million National Guard Bureau Contract
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Cyberlux Corporation
- 07/15/2010 11:30AM BW Cyberlux Enters into $3.4 Million Contract with National Guard Bureau for 200 BrightEye Dual Lighthead Tactical Illumination ...
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Cyberlux
Link to all NEWS
http://www.cyberlux.com/listings.php?id=2800&cid=1550
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