Thank you for registering for our 2009 Advanced Lighting Investment Summit.
Cancellations received by July 10th will receive a full refund minus a $25 processing fee. There are no refunds for cancellations received after July 10th. Cancellations should be emailed to tcobb@acgchicago.com.
Wednesday, July 29th, 2009
2009 Advanced Lighting Investment Summit
All Day Event
The Standard Club320 S. Plymouth Ct
Chicago, IL
Driving investment & development in the 21st century economy, ACG Chicago brings you our 5th Cleantech program on one of the sector's most promising markets.
Learn about the market, the companies driving innovation and commercialization, and the investment appetites of investors. Join us to expand your knowledge and markets.
7:30 am – 8:30 am
Registration and Breakfast
8:30 am – 9:30 am
The Move Toward Solid State Lighting
Bruce Pelton, Director of Engineering, California Lighting Technology Center
Pelton will explore the current state of Solid State Lighting including winning applications and stunning misapplications. He will touch on peripheral devices that will be required to make the technology meet its promise.
9:30 am – 10:00 am
The Perfect Storm, a Disruptive Technology
Charles C. Berghoff, President & CEO, OptoElectronix, Inc.
The $100B global lighting market is about to go through a dramatic period of change and disruption as the legacy lighting technologies of the past 120 years are increasingly displaced by solid state technology. We'll examine some of the challenges associated with bridging the worlds of LED and Luminaire technologies as well as the unstoppable combination of forces bringing them together. Trends driving SSL adaption and the opportunities that will come out of the disruption will also be reviewed
10:00 – 10:15 am
Break
10:15 – noon
Enabling Adoption, Downstream LED Opportunities and Challenges
An incandescent light bulb generates only 15 lumens/watt, emits over 90% of energy as heat and lasts 1,000 hours. With lighting accounting for 22% of US electricity consumption, LED light fixtures have enormous potential to reduce energy use while delivering the end user longer life, reduced maintenance, better light, innovative applications and significant cost savings/ROI. While LED technology has now evolved to a point enabling significant adoption, integrating the technology into end user fixtures and applications remains a difficult undertaking of far-greater complexity than screwing in an Edison light bulb. The companies on this panel are at the forefront of different LED lighting applications and will discuss the current opportunities and challenges they face in the market today.
Moderator
Robert Winner, Partner, Ungaretti & Harris LLP
Panelists
Mike Bauer, President & CEO, Nexxus Lighting, Inc.
Sean E. Callahan, President & CEO, iLight Technologies, Inc.
Jeffrey M. Quinlan, Director Innovation, Acuity Brands Lighting
David Tahmassebi, CEO, LedEngin, Inc.
Barry J. Weinbaum, CEO, Renaissance Lighting
12:00 – 12:45 pm
Lunch
12:45 – 1:30 pm
The Market Outlook for High Brightness LEDs & Solid State Lighting
Robert V. Steele, Director, Optoelectronics, Strategies Unlimited
This presentation will provide an update of recent developments in high-brightness LEDs as well as solid-state lighting, including LED lighting fixtures. Even though the worldwide economic recession has significantly affected the near-term growth of these markets, the long-term fundamentals remain sound.
1:30 – 1:45 pm
Break
1:45 – 3:45 pm
Advances in LED Technology
Inefficient, legacy lighting technology is 100 years old. The Light Emitting Diode (“LED”) represents the most significant advancement in lighting since the invention of the light bulb in 1879. This disruptive technology has evolved from simple red indicators in the 1970s to 50,000+ hour, 100+ lumen/watt white LEDs today. LED cost has fallen by 10x while performance has increased by 20x per decade and is on track to become the most efficient light source created. A highly engineered semiconductor device, LEDs require advanced materials innovation and packaging and power, thermal and optical management components to achieve maximum performance. Panelists companies represent different LED components, technologies and approaches and will discuss cutting edge advancements in the field.
Panelists
Jim Balthazar, President & CEO, Nuventix, Inc.
Peter Larsson, President & CEO, Intematrix
Mike Miskin, CEO, Lynk Labs Inc.
Mark C. Swoboda, CEO, Bridgelux Inc.
3:45 – 4:00 pm
Break
4:00 – 5:30 pm
Investment and Consolidation in Advanced Lighting
The lighting industry is experiencing revolutionary period of investment and consolidation largely driven by LED and other efficient lighting technologies. According to Cleantech.com, efficient lighting has received $420mm (LED $354mm) of venture investment since 2007, accounting for 26% of all energy efficiency venture investment. In addition, rapid innovation has driven acquisition activity – often at premium valuation multiples – as large traditional lighting companies race to deliver LED products or risk obsolescence. How should investors approach this rapidly advancing sector and what opportunities exist? Are there other areas in addition to LED? This Tier I venture panel of experienced Advanced Lighting investors will share their thoughts on investment and strategic activity in the sector.
Moderator
Shez K. Bandukwala, Partner, ThinkEquity, LLC
Panelists
Scott Alberts, Venture Partner, DCM
Annette Finsterbusch, Director, Applied Ventures
Barbara D. Grant, Managing Director, American River Ventures
Marc van den Berg, Managing Director, VantagePoint Venture Partners
Robert C. Walker, Principal, Sierra Ventures
5:30 – 7:00 pm
Cocktail Reception
Thank you for registering for our 2009 Advanced Lighting Investment Summit.
Cancellations received by July 10th will receive a full refund minus a $25 processing fee. There are no refunds for cancellations received after July 10th. Cancellations should be emailed to tcobb@acgchicago.com.