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Wednesday, October 26, 2005 8:19:48 AM
Cyberlux Receives Strong Upgrade by Respected Research Firm
October 26, 2005 06:00:03 (ET)
HOUSTON, Oct 26, 2005 (BUSINESS WIRE) -- Cyberlux Corporation., (CYBL, Trade) is pleased to announce a well-respected firm Bridge IR, has upgraded their equity rating on CYBL. This strong upgrade comes at a time when the company has signed their latest contract with the United States Air Force and experienced an 80 percent increase CYBL's share price. Bridge IR is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media.
To view the entire independent research report, please click on the attached URL: http://www.bridgeir.com.
Mark Schmidt, President and CEO of Cyberlux states, "We are honored to have a quality independent research firm review our overall operations and progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction." Mr. Schmidt further stated, "Recently we signed a contract with the United States Air Force to provide an advanced security lighting system for their Air Mobility Battlelab. We are also expanding our markets from retail and commercial emergency lighting to include general residential task & accent lighting, military and homeland security as well as specialty lighting markets. We are also in the process of developing and launching a breakthrough heatless and energy efficient product for the kitchen, bath and closet lighting markets. We feel our company is poised for significant growth."
About Cyberlux Corporation
Cyberlux Corporation has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today for consumer, commercial and military uses. Several products are designed to address emergencies such as power outages or critical security lighting needs and others which bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal(TM) lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for conventional bulbs. For more information, please visit www.cyberlux.com.
Safe Harbor for Forward-Looking Statements:
This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to its report on Form 10-KSB for the year ended December 31, 2004 and its 10-QSB for the quarter ended June 30, 2005. The Company undertakes no obligation to publicly release the result of any revisions to these forward- looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE: Cyberlux Corporation
Largemouth Communications
Scott Yates, 919-649-6621
scott@largemouthpr.com
Copyright Business Wire 2005
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