Nice update. Didn't realize that the bulb had an internal chip. Also good news on longer bulb life:
Vu1 Corporation Provides Update on R30 Bulb Shipments
VU1 Corporation (OTCBB:VUOC)
Intraday Stock Chart
Today : Thursday 31 March 2011
Vu1 Corporation (OTCBB: VUOC), a developer and manufacturer of mercury-free, energy-efficient general illumination lighting technology, today announced that it is currently undergoing a final round of additional life testing with its nextgen R30 light bulb bulbs prior to commencing shipping.
The Company's engineers recently identified a faulty chipset that caused a small, but unacceptable number of the bulbs to burn out prematurely. While the chipset for the nextgen bulbs is sourced from a different supplier, Vu1 is focused on delivering the highest quality standards for all of its products from the outset and determined that additional testing should be undertaken prior to shipping. The Company will be completing the tests in the next few days and will begin producing the bulbs the week of April 4th. The bulbs will be delivered to a processing site in the US and customer shipments will commence April 13th.
The Company has also increased the estimated life of the bulb to approximately 11,000 hours, instead of the previously announced 10,000 hours.
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