Vu1 Business Update Call Recording Posted

I invite our consumers, channel partners and investors to listen to a recording of our Business Update Call conducted Tuesday, July 29 at 4:30 pm EST. This recording will be available for playback through Friday, August 1, 2014, 12:00 pm EST.

We do apologize for some technical difficulties with the call. You can download the recording below.

Vu1 Business Call 7-29-14

Thank you,

William B Smith

Chairman and CEO

Vu1 Corporation

Vu1 Business Update Call Invitation – Tuesday, July 29

Once again, I invite our consumers, channel partners and investors to join me on a conference call, followed by a brief Q&A session. Originally scheduled for Monday the 28th, please note the day and time of the call has been updated to Tuesday, July 29 at 4:30 pm EST. Below is the call-in information.

Dial-in Number for Participants: 1-712-432-3071
Conference code: 912122

I look forward to our conversation.

William B Smith

Chairman and CEO

Vu1 Corporation

SeeThruEquity Third Annual Microcap Investor Conference

On May 28, I am pleased to be presenting at See Thru Equity’s 3rd Annual Microcap Investor Conference. My presentation will take place between 3:00 and 3:30.

I will be sharing with this group the vision and outlook of our company, discuss potential advancements in IP and provide production status of the Vu1 R30 65 Watt Replacement Interior Flood.

The conference takes place at Convene Grand Central, at 101 Park Ave. and 41st Street in New York City.

William B Smith
Chairman and CEO
Vu1 Corporation

Production Update

I apologize for the delay in getting more information to you. About 14 days ago I was made aware there would be yet another short delay, and I wanted to speak with all the engineers and thoroughly understand the issue in order to provide a realistic time frame for getting the Vu1 R30 shipped.

Like everyone else, I’m frustrated with this process. I’m embarrassed by my faulty projections and have come to realize how difficult it is to speculate on anything when it comes to manufacturing in China

Over a year ago, when I spoke with our many investors, everyone wanted Vu1 to remain transparent, sharing both the good news and the bad. We have attempted to do this. I prefer to communicate as often as possible, even when the news is difficult to share or embarrassing to Vu1. The alternative, simply going “dark” until we ship, fans the rumor fire and puts our company in a position where we would never be able to respond. Obviously, this is not where we want to be.

So, where are we today with production? Two weeks ago, Cameron isolated an issue with the red phosphor in our phosphor mixture during the final burn in before shipment. The “color” of the light was too red. After examining the issue, we found that our manufacturing partner never used the proper red phosphor when our relationship commenced. Only on this last PO, when brand new red phosphor was sourced properly, did we realize that our partners previously had been using materials that were not aligned with our orders. This was clearly a violation of our trust and, more important, another violation of our agreement. I mentioned late last year that these issues are being addressed aggressively while we are working with our current partners and I believe our solution will be positive for Vu1 and our shareholders.

Once the issue was identified, Cameron was able to halt production relatively quickly. He immediately came back to the USA while the Chinese were on yet another vacation and we have fixed the issue. Cameron and the engineers are headed back to China today to implement the changes and commence production.

Though I’m completely disgusted with the situation, I promised to get bulbs out the door that deliver on our promise of better light and I will make this happen. I believe that we will be able to deliver bulbs in mid-to-late June. Again, I am working with the information I have today and we believe this is a conservative time estimate. Trust me when I say, I would prefer not to be writing another apology. I look forward to being able to report some positive news.

William B Smith
Chairman and CEO
Vu1 Corporation

IP Portfolio Strengthened; New Patent Application Accepted

We are pleased to announce Vu1 has received a Notice of Allowance, from the U.S. Patent and Trademark Office, for a patent application for our ESL lighting technology. The patent title is System and Manufacturing a Cathodoluminescent Lighting Device and the U.S. Patent Application Number is 13/262,594.

Protecting our disruptive lighting technology is of strategic importance to Vu1 and to our shareholders. We now have nine patent allowances and will seek to achieve similar success with the rest of our patent submissions and do what is necessary to protect our IP.

We will continue to provide updates as we move forward.

William B Smith
Chairman and CEO
Vu1 Corporation

Vu1 Update

As promised in our last blog, I am providing you today with the latest update on the happenings at Vu1.

This morning I spoke with our engineers in China and we now are comfortable saying we will ship Vu1 R30 bulbs for delivery to our channel partners this month. Should anything change, we will notify everyone immediately.

With this latest run, we implemented minor tweaks based on constructive feedback. The Vu1 bulbs being produced are working optimally.

William B Smith
Chairman and CEO
Vu1 Corporation

Let Production Begin!

We take great pleasure in announcing our team has now confirmed receipt of and inventoried our components, allowing us to commence production of the Vu1 R30 lamp next week. We greatly appreciate the efforts of Cameron and Stanley who have kept processes moving along smoothly and successfully.

With our manufacturing procedures now solidly in place, we look forward to delivering our quality product to the U.S. in April. I’d like to take this time to once again express a warm thank you to our shareholders, channel partners and future customers for their patience and continued support.

We will be updating you again soon and look forward to providing our “Light Without Compromise” in the near future.

William B Smith
Chairman and CEO
Vu1 Corporation

Innovation On Display

LIGHTFAIR International wrapped up today and, as always, the lighting industry dazzled with everything from the simple lamp to over-the-top illuminating displays. Vu1 was in attendance and happy to see so many old and new faces drop by our booth. Though I was unable to attend, our sales and marketing team reported back on the happenings.

Our team displayed Chinese-made Vu1 ESL R30 incandescent replacement bulbs and they were very excited about the interest they received about our new technology. The question on everyone’s mind, of course, was when the product would be on the market.

Back in China, as you are aware, we continue to wait for delivery of a new piece of equipment that is needed to complete our production line. There will be three to five days of training time and then we will be able to better determine yields, allowing us to share our production schedule.

We hope that being able to experience the R30 and see its light quality at LIGHTFAIR amplified your excitement for our upcoming launch.

William B. Smith
Chairman and CEO
Vu1 Corporation

Seeing is Believing

In ESL technology, light is created in a very different way than with incandescent lighting. With an incandescent bulb, a central filament gives off light. With ESL, phosphor is painted on the interior of the bulb. An electron fountain sprays electrons onto the phosphor and the stimulated phosphor creates light. This light emits a full spectrum of colors, which illuminate evenly on the surface below.

Because the whole interior surface of the ESL bulb is creating light, the production process of this portion of the bulb is critical. Everything is moving along smoothly in Huayi, so we took an opportunity to take some amateur video and share some of our production efforts.

The video begins with a few seconds of the lacquer rinsing process, which removes excess lacquer residue after it has been softened using an aromatic solvent. The remainder of the video shows two of the lacquer spraying stations. The glass is being sprayed with short bursts of lacquer, which spreads the lacquer out over the surface by centrifugal force. We are working on perfecting this process since the lacquer is a critical component that gives the ESL lamp its uniform illumination. The lacquer is one of the final steps needed prior to securing the bulbs to the sleeves, posts and bases.

Enjoy the video. We will be reporting in again next Thursday.

William B. Smith
Chairman and CEO
Vu1 Corporation

Team Returns for Pilot Run

I am pleased to finally write; the team in China has begun the initial pilot run of bulbs – connecting circuits, putting on sleeves, posts and bases. We are testing all bulbs for brightness, checking the input power; color and initial turn on to assure there are no issues.

After a successful pilot run, we will make any necessary adjustments and begin production. That’s right, we are very close. We will also begin planning for an April/May full production and commence inputting our long-term production schedule.

Production is just one part of our mission: Delivering a high-value product means we must have impeccable quality, every time. So, Cameron is focusing on implementing our production quality assurance program and has begun collecting data. The QA group finalized test instructions for main board 15KV trimming, power input trimming, over scan trimming and reference lamp inspection. We are also training the permanent team in China on how to test the boards and safeguard VU1’s quality. Just to repeat, this team represents Vu1, not our manufacturing partners or their sub contractors. Stanley and the team have been split up for most of the trip thus far and tackling different issues at different facilities; we expect everyone to join forces again at the end of this week and begin working together in Huayi again next week.

We are excited about our progress so far, everyone is working diligently to get light bulbs on the shelf.

William B. Smith
Chairman and CEO
Vu1 Corporation