Blog

Solutions Implemented

As mentioned last week, Vu1 staff caught some small aesthetic issues on our product’s end caps. Since then, solutions have been implemented and new and improved quality control practices have been put in place. The result is consistently cleaner sleeves and aluminum coating.

With each new bump, we are finding solutions that allow us to continue on our path and make solid progress. The good news is the issues we are experiencing are becoming more and more minor and easy to fix.

Our progress continues and we are moving forward as planned.

photo 4

photo 2

photo 1

William B. smith
Chairman and CEO
Vu1 Corporation

Chinese Holiday Shuts Down VU1 Plant for One Week

Vu1 has (literally) just been informed that China is celebrating a holiday that mandates our plant be closed October 1 to October 7. The closing will push all manufacturing/assembly/testing and shipping out by one week.

I am frustrated by these seemingly never ending China holidays, but the good news is the product remains on target and production should resume seamlessly after the holiday is over.

As always my goal is to be transparent so you, our investors, understand our challenges when it comes to delays such as this.

William B. smith
Chairman and CEO
Vu1 Corporation

Forward Progress

Welcome back and thank you for checking in. We have good news and only a few minor snags to report. Production is moving well. We have picked up on some small aesthetic issues that we are fixing. You can see the issues in the picture below—these are end caps that, while still functional, are not aesthetically pleasing and do not meet the high caliber of product we want to be known for producing.

Acceptable

Acceptable

Not acceptable

Not acceptable

We also uncovered a few lamps where the line workers allowed compound to leak from the sleeve. Again, not a functional issue, just aesthetics.

Our new glass jug manufacturer is moving a bit slower than expected but we are happy with progress. We will continue to address issues as they arise and look forward to providing you with future updates.

William B Smith
Chairman and CEO
Vu1 Corporation

Progressing As Expected

Though we have no breaking news to report, I wanted to touch base and inform that all our production efforts are progressing as expected. We will report back next week with any updates.

William B Smith
Chairman and CEO
Vu1 Corporation

Continued Progress in Preparation for Launch

As mentioned in our blog post last week, our team was running a final test of 400 lamps, which we planned to test and qualify early this week. I’m very pleased to report there we no testing deficiencies identified and we’ll continue to ship lamps to the USA for distribution to our potential partners in the electrical distributor channel.

We’ve recently purchased additional line and testing equipment that has given us the ability to double the original production capabilities immediately. This equipment was delivered this week and is being assembled as we speak.

We are currently working with our manufacturing partner to source components and develop better relationships with our supply chain for our next purchase order, which we feel will provide major cost savings.

We continue to provide exhaustive training for line workers, as well as our quality control workers, in an attempt to eliminate as much human error as possible.

Our goal is to commence full production on September 15 and not shut down again. We hope to begin shipping fully tested and qualified R30 lamps in relatively small quantities for sale in our retail channel during the first few weeks of October and build our volume daily as the line becomes more and more comfortable.

I will provide another update next week. We thank everyone for their patience and look forward to delivering great light bulbs in the near term.

William B Smith
Chairman and CEO
Vu1 Corporation

Follow Up From This Week’s Blog

We are pleased to report the final test run of 400 lamps is going well. We expect to have all assembly completed this weekend and remain on schedule to test and qualify beginning next week.

We’ve had a few follow up questions related to why we have experienced some recent delays and I’d like to address these. As anyone in business knows, no project will ever run seamlessly. Although we made every effort to account for unexpected delays, we experienced more than our fair share of “seams,” each one unpredictable.

Let me provide a recent example. When we moved from our former manufacturer, the inventory from the last purchase order was transferred. Upon arrival at our new facility, and after doing an extensive inventory analysis, we realized that many of the electronic components had been swapped for “similar” components that were less expensive. So, although our directive was to buy #9 Blue Diode, the manufacturer purchased #8.9 Light Blue Diode, assuming it was comparable. But “close” is not good enough, even at half the cost. We also found, during the same inspection, that the potting compound they planned to use was unauthorized. So, in order to meet our specs, we were forced to reorder components and the proper potting compound. Even if components are “off the shelf,” it takes time for them to come in and this resulted in one of our delays. We have learned from these delays and have put processes in place that will result in less opportunity for delays to occur in the future. For example, in this instance we have mandated a Vu1 employee work in concert with our new partner to ensure proper components are ordered and at the proper prices.

So much for the past; I’d like to share our thoughts for the future. Assuming our tests are successful next week, we are hoping to fill two separate purchase orders and complete them by year end. Investors should consider these to be to be in the “tens of thousands” of units. In December 2014, for manufacture in January 2015, we hope to initiate a third purchase order with our new electronics package that I referenced in a blog a few months ago. Assuming everything is running smoothly, this purchase order will be in the 100,000-unit range. There is a premeditated reason for the jump in volume and the introduction of the second-generation electronics package. With this strategy, we will be radically reducing component costs. So we will crawl, then walk, then run. We expect to continue ramping from that point. Of course all dates are projections that are not guaranteed, but we wanted to share our goals.

Our engineers are working with great ease with our new partners and the collective team is excited about our future. We hope to post an update next week.

William B Smith
Chairman and CEO
Vu1 Corporation

Good News From China

I am pleased to announce that today I received the first shipment of bulbs from Shenzhen Jinyi Display. The bulbs are all tested, qualified and look great. There are no issues with which we need to contend.

We are now finishing 400 additional bulbs for testing and qualification. So long as this next batch meets expectations, we will commence mass production. To guarantee work is done expeditiously, we are currently working out the details of the next purchase order to Shenzhen Jinyi. Every effort is being made to guarantee components are available and ensure no time is lost.

I wish to repeat, there are no issues with the bulbs. They are fully functional, have perfect color and are fully dimmable. There were also no issues with the shipping. Provided the next batch tests the same—and we have every reason to expect they will—we will be ready to move forward.

Our team of engineers and the senior management at Shenzhen Jinyi deserve great credit for propelling us this much closer to the finish line. We expect to cross that line soon (in the next week or so) and commence manufacturing. Again, we wish to thank our shareholders, channel partners and potential channel partners for your confidence and patience.

William B Smith
Chairman and CEO
Vu1 Corporation

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

Investor Call

I invite all investors to participate in a conference call, followed by a brief Q&A session, on Monday, July 28 at 4:30 Eastern. Stay tuned to this blog for dial-in numbers and the conference ID number.

Please mark your calendars.

William B Smith
Chairman and CEO
Vu1 Corporation

New Patent Awarded; Production Resumes

I have a number of important updates to share this month. First, we have commenced manufacturing after fixing and testing the proper phosphor mix.  While delays such as these are irritating (on many levels), they are a reality to be managed and dealt with. The important take away is that the reasons behind the problems are being addressed with actions taken to ensure a problem does not keep repeating itself.

On a more positive note, we received notice that Vu1’s 10th patent has been awarded, leaving one pending.  The patent title is System And Apparatus For Cathodoluminescent Lighting, patent application number 13/657,567. This is an important patent.  Vu1 has spent an enormous amount of money building and protecting our intellectual property, which will serve us well in the future with potential licensing agreements.

Finally, thanks to our engineers’ forward thinking innovation, we have made spectacular strides with our electronics and hope to be able to drop our watts used from 19 to 12 in the next generation of bulbs.  This is an exciting development and we will provide updates as we move forward with this and our other products including the R40 and the A19.

I understand everyone’s frustration with the process and trust me when I say my frustration level matches if not exceeds yours. I understand that repeatedly missing deadlines has damaged our credibility. In my opinion, the best and only way to redeem our position is to focus all our efforts on the task at hand, which is to ship bulbs. I am committed to moving forward on this as quickly as possibly, without sacrificing the quality of our product.

William 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

Bay Area Business; Anticipating New Production in China

We are very excited about our new research and development facility in Berkeley, CA.

Cameron and his new team of engineers are busy building test equipment as well as doing some patent work as we wait for the Chinese to return from their month-long new year.

Stanley and Cameron will head back to China upon the Chinese return in a few weeks and begin to prepare for and then commence the next production of bulbs.

More news to come as we have more to share.

William B Smith
Chairman and CEO
Vu1 Corporation

Production and Company Update

As mentioned in our last blog, Vu1’s next step was to run lots of 200 and then 300 bulbs to test that the product consistently meets specs. I’m pleased to announce this is complete and both lots passed quality control and testing. The larger lot will be packaged and shipped this weekend and distributed to channel partners as samples.

The components for the next purchase order have been ordered, and Vu1 has paid for this order in full.

I also want to provide an update on our research and development/engineering site in the Bay area. You may be aware that the lease on the first site for the Vu1 office fell through. However, we have identified a new facility and are working on executing a lease. We expect to commence the lease on Feb 1, 2014.

In addition, we have hired multiple engineers in the Bay area to assist in the ramp up of the R30 and future projects.

We are continuing to move forward. I will update you again when pertinent information is made available.

William B Smith
Chairman and CEO
Vu1 Corporation

Testing Complete; Final Assembly To Ensue

As reported in our last blog, Vu1 initiated a small run of bulbs in late November. We are pleased to announce preliminary testing has been completed and were successful. The isolated instances of component swapping discovered recently have also been addressed and the proper component (a specific transformer) has been properly installed.

Stanley and Cameron will arrive in China early next week to do two sets of final assembly and testing on a 200-unit lot and a 300-unit lot. The separate components are already assembled and I specifically asked for final assembly to be supervised by Cameron.

Back in the U.S., we believe we have found our new space located in the Bay area and hope to take possession of the lease by the first of the year.  We have also had a great deal of interest and success with preliminary interviews for engineers for the U.S. R&D facility and expect to be hiring after the first as well.

There is great confidence that the issues have been resolved and we expect assembly of the 200- and 300-unit lots to go smoothly and test well. We expect to get some of the 500 unit’s air-delivered back to the U.S. by the end of next week and ready to distribute to our future channel partners

Assuming all testing of the 200 and 300 lots meets specs, we will begin running the line for mass production as soon as practical.

Our goal here is to move precisely so that, if any issues arise, we can reduce the time and cost of making corrections.

William B Smith
Chairman and CEO
Vu1 Corporation

Up and Running

Successful testing on the changes made to the Vu1 R30 bulb is complete. We will now initiate a small run of 300 to 500 bulbs.

The recent issues we experienced are resolved and we are heightening our quality control as a result.

I will report back after testing on the small run has concluded.

William B Smith
Chairman and CEO
Vu1 Corporation

R30 Final Testing Complete This Weekend

We are currently in the final testing stages for changes made to the R30 bulb.  Testing will continue through the weekend and we expect results returned to us next week.

We will communicate these results next week via this blog. At that time, we will also outline the next steps Vu1 is taking to move forward with R30 production.

William B Smith

Chairman and CEO
Vu1 Corporation

 

Production Update

We are pleased to announce, our engineers have identified and rectified the issues discussed in our recent business update call.

The team is meeting in person this week to discuss implementation and permanent processes and will travel back to China on October 14th to commence production.

I will provide further updates as needed and thank everyone for their patience.

William B Smith
Chairman and CEO
Vu1 Corporation

 

Vu1 Connects With The Cajun Contractor

Recently I had the pleasure of being invited to discuss what is happening with Vu1 Corporation and the development of our R30 bulb on the syndicated radio program Home Talk USA with Michael King.  King (known to his legions of fans as the “Cajun Contractor”) and I discussed the mission and vision of Vu1 and I introduced his audience to Electron Stimulated Luminescence as a superior option to replace incandescent bulbs as they are removed from the marketplace.

After the program aired on September 28, I was provided information ranking the interest of the interview amongst King’s listeners.  Our interview scored substantially higher than the average show.  To me, this demonstrates the likely confusion and therefore interest in what is taking place with the BULB Act and phase out of incandescent lamps.

The show was an excellent opportunity to explain the new technology to a new audience and differentiate our product from the bulbs currently on the market.  As production allows for bulbs to be available to the media and the public, we foresee many more media opportunities to educate consumers about Vu1 lighting.

For those unable to listen to the Home Talk USA interview live, we have provided the recorded version here.  Enjoy.

 

Vu1 Business Update Call Invitation

Once again, I invite our consumers, channel partners and investors to join me on a conference call, followed by a brief Q&A session on Monday, September 30 at 4:30 pm EDT. Below is the call in information.

Conference ID#: 72950681

Operator Assisted Toll-Free Dial-In Number for Participants: (855) 387-0826

Operator Assisted International Dial-In Number for Participants: (937) 660-3995

I look forward to our conversation.

William B Smith
Chairman and CEO
Vu1 Corporation

Vu1 Business Update

I invite you to participate in a conference call, followed by a brief Q&A session, on Monday, September 30 at 4:30 pm EDT.

The call will be a business update for consumers, channel partners and investors.

Please mark your calendars and stay tuned into this blog for call-in information.

William B Smith
Chairman and CEO
Vu1 Corporation

Vu1 Investor and Business Update Call Invitation

Invitation:  Investor Conference Call
Hosted by William B. Smith, Wednesday, September 4th

Vu1 has commenced shipping and with the completion of our New York media tour, I will host a call to discuss plans for our company and our products.

I invite you to participate in an open call with me next Wednesday, September 4th at 4:30 p.m. EDT.  You can expect an update on preliminary shipping, logistics, and distribution followed by a Q&A session. I encourage you to bring your questions, concerns and insights to the table. 

Conference ID: 51464526

Participant Operator Assisted Toll-Free Dial-In Number: (855) 387-0826
Participant Operator Assisted International Dial-In Number: (937) 660-3995

As always, I will be candid in terms of where we are at this point, where we want to be and how we will get there. Your patience during this process has been greatly appreciated. It is, I believe, about to be paid off as consumers experience the difference of our “light without compromise.”

I look forward to our conversation.

William B Smith
Chairman and CEO
Vu1 Corporation

Vu1 Media Tour Kicks Off Today in New York City

IMG_3855 IMG_3856 IMG_3857 IMG_3858This is an exciting day for Vu1 as our marketing team heads to New York City to launch the publicity campaign for the ESL R30 bulbs fresh off the plane from China.

The marketing team has spent the last several weeks arranging media meetings with both trade and consumer outlets and will be working hard to reach as many outlets as possible during their time there. I’ll be joining the team in the city for several of the meetings as we present the specially designed media kits you see here, highlighting the features and benefits of ESL™ technology.

The New York tour is only step one in a fully formulated media outreach plan. With the bulbs’ arrival in the states imminent, we are prepared to hit the ground running with a full media relations campaign so consumers become aware of the new and better choice available to them.

I look forward to bringing you further updates from our public relations team as we move forward.

Bulbs Going To Market Soon and Media Tour Nearing

Vu1 Corporation is just days away from delivering on our promise of a flawless ESL R30 bulb going to market. This is a very exciting time for us as we prepare for the public to finally experience our quality lighting.

As you’re aware, the ESL R30 bulbs are in production. Though the bulbs are functioning perfectly we did run into one minor cosmetic issue (incorrect writing on sleeve) that we are correcting before our launch, as well as a minor equipment issue (lacquer spray nozzles sticking).  It does mean a slight delay (days), but we are confident of a shipping date the last week of August.  These issues are minor, and also simply addressed.  The lamps are terrific; we are doing housekeeping now.

Vu1’s media relations team is moving full steam ahead and will be conducting a media tour of key publications in New York City just prior to the bulbs being shipped.  They will be sharing important dates and retail locations with selected media and have a full PR plan ready to launch following the bulb’s arrival in the United States. Our sales team is also primed to go and we feel confident in the distribution channels they have put in place.

I have heard from many people expressing “disappointment” and alarm.  We are excited and ready for shipping; there is nothing to be disappointed about.  As I said months ago, we will send out a great product, and I will not take chances.  As always, we will continue to post updates and keep you in the loop. Thank you for your continued support.

William B Smith
Chairman and CEO
Vu1 Corporation

July Production Update

It’s been a busy and exciting two months since our May update. At that time, a major piece of custom manufacturing equipment had arrived, allowing us to begin our initial pilot runs. After the runs were completed and with the new equipment in place, our former 45 percent front-end yields rocketed to over 80 percent. We expect this front-end yield to climb further still once production normalizes and we have the ability to further calibrate the machines. Our electronics yields now stand north of 90 percent, which is outstanding.

While our original intent was to ship by the fourth week of July, we’ve been informed that one piece of testing equipment has been delayed in customs. This equipment is necessary for us to ensure our finished product meets our quality standards and specifications. Due to the customs delay, we now expect the ESL R30 shipment to take place the last week of July or, more likely, the first or second week of August.

This delay has nothing to do with manufacturing or quality. While we’re naturally disappointed with the potential 1-2 week postponement, it’s a small bump in what has become a smooth road to getting our bulbs into the hands of our U.S. distributors and end consumers. And while we hope the equipment is released in time to hit our July shipment target, in the interest of transparency we wanted to alert you to the possibility of the launch being pushed into August.

Moving forward, we continue to receive constructive and positive feedback from our engineers and the factory. Once the testing equipment clears customs, we will begin moving as fast as practical to get the Vu1 R30 on the plane to the states. Interest from our U.S. distribution partners remains high and James Poindexter has the entire U.S. covered now.

We will alert everyone when the shipment date is finalized. Also, we will begin our public relations and investor relations campaigns at the same time.  I have intentionally put them on hold until we begin shipping.

I truly thank our shareholders and future consumers for their continued support and look forward to telling you the Vu1 R30 is in the air in the very near term.

William B Smith
Chairman and CEO
Vu1 Corporation

 

ESL R30 Bulbs To Begin Shipping In July

This is the blog post we’ve been waiting to write…

It is the VU-1 team’s great pleasure to announce that our custom equipment has arrived and is currently being tested at an “assembly station” near our subcontractor. We plan to move the equipment to our plant on Friday (tomorrow) where it will undergo 3-5 days of fitting calibrations and final testing. Stanley Chao heads to Asia early next week to be on site for inspection and to begin the initial runs to test yields. The excitement generated by this news is palpable in every phone call and email flying amongst team members.

With the arrival of the equipment and the final UL inspection and factory tour set for June, it’s time to start producing bulbs. We expect to be fulfilling initial orders in July. (For everyone who has traveled this path with us, checking in on this blog, you understand the magnitude behind that last sentence.)

I’d like to take a moment to again thank everyone involved who has made this moment possible. I especially want to thank Stanley Chao, Cameron McLeod and the small army of engineers that have been working around the clock that we have assembled. It’s been a long journey but the payoff—producing energy-efficient, affordable, mercury free, superior light quality bulbs—is here.

Please note that this blog post will likely be the last update posted until we have bulbs coming off the line in July. Should there be ANY material event that would change the information communicated above, we will immediately deliver that information. Again, thank you for following our updates and we look forward to sharing information in July when production is in full swing.

William B. Smith
Chairman and CEO
Vu1 Corporation

IMG_0345IMG_0346IMG_0348IMG_0347IMG_0349IMG_0350IMG_0351IMG_0352IMG_0354 IMG_0353

Manufacturing Update

I feel very confident with our progress in China.  As we have previously stated, we expect delivery of equipment any day.  Upon receipt, assembly and testing, we are confident in the delivery of the ESL R30 in July.  We look forward to providing additional updates next week.

William B. Smith
Chairman and CEO
Vu1 Corporation

ESL Technology Lights Up Vegas

Following our late April success at LIGHTFARE International in Philadelphia was this week’s National Hardware Show in Vegas. The interest in the ESL bulb at the show was, quite simply, amazing. Interest from the press included an interview by the Carey Brothers for their On The House live radio program and a request for a press release about ESL from The Family Handyman (part of the Reader’s Digest Association). We’re excited that the DIY Network also expressed an interest in the bulb and ESL technology and we’ll be following up on that along with several other blogging/radio interview opportunities that came out of the show.

Our team also met with retailers who asked questions and showed strong interest and enthusiasm for the benefits offered by our bulbs.

Coming off the strength of these two shows, industry buzz about ESL technology and our product is growing. With full-scale production and shipping still on target for July, we look forward to bringing you more updates about our outreach efforts as follow-up from the shows continue.

William B. Smith
Chairman and CEO
Vu1 Corporation

image

New Equipment Confirmation

Last night we confirmed that our new custom equipment purchases are expected to arrive the week of May 20th. We believe this is a conservative date as our partners may in fact accept delivery prior to this date. Assuming we achieve proper yields from the new equipment, we anticipate that we can begin shipping theESL R30 in July.

Naturally, we’re all very excited about finally putting the wheels in motion and we feel reasonably comfortable targeting the July shipping goal. As always, our updates are based on information that we currently have available.

I want to again applaud Stanley Chao, Cameron McLeod and the teams they have assembled both here and in China that are making it possible for Vu1 to achieve its goal of mass production of the ESL R30.

William B. Smith
Chairman and CEO
Vu1 Corporation

Imminent Equipment Arrival

We will post a full weekly status update tomorrow. We have a call this evening with our partners to discuss material information on equipment delivery and production schedules. We look forward to communicating the news on our blog tomorrow.

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

LIGHTFAIR International

LIGHTFAIR International is upon us. Our sales and marketing teams are heading to Philadelphia next week for our industry’s biggest trade show and conference. We’ll be showcasing our ESL lighting at the Pennsylvania Convention Center, booth 108.

While awaiting pump delivery, we continue to move forward with all additional aspects of manufacturing. We look forward to communicating our progress to you next week. Please come by and see us at Lightfair.

William B. Smith
Chairman and CEO
Vu1 Corporation

The Right Team To Move Us Over The Finish Line

While we wait on our equipment to be delivered, I want to communicate to shareholders and followers that we continue to work diligently on your behalf. After we’re able to review delivery, training, and initial production to determine yields, we will communicate in short order our production schedule for near and long term.

I want to once again reiterate my utter faith and confidence in our current team—specifically Stanley Chao and Cameron McLeod. These two leaders have worked tirelessly over the last five months—literally non-stop. They’ve accomplished more in five months than others have in much more time.

Which brings me to a delicate matter. I would like to take this opportunity to apologize and take responsibility for some senior hires in the past that  went awry.

What happened? It’s quite simple.  When you run a business, every day you have to do two things: 1) Ask yourself what is going right and 2) attempt to isolate and fix what is going wrong.

The new team has dissected the entire process and, as you have read, we have isolated the troubled spots and put the fixes in place.  While having to make fixes is frustrating, we are making progress—substantial progress. Our shareholders now have the right team in place to get us over the finish line and deliver our bulbs.

Nothing is being left to chance. I have been exceptionally transparent with our team and the board, telling everyone in no uncertain terms that we will have ONE more bite at the apple. This is why we are taking our time and not shipping our bulbs until we have it right. We have learned from our mistakes and are the stronger for it.

Again, I am confident that Stanley, Cameron and the many people they have brought on board to help us deliver an exceptional lighting experience will be able to deliver for Vu1 shareholders. More importantly, they will deliver on promises to purchasers of residential lighting who need not accept the compromise we believe our competitors offer.

William B. Smith
Chairman and CEO
Vu1 Corporation

Weekly Update

Our team at Vu1 is working hard to confirm several details for this week’s update and will have a full weekly status blog ready tomorrow.

Vu1 to Participate In LIGHTFAIR International Trade Show and Conference and China Update

Vu1 is pleased to once again announce our participation in LIGHTFAIR INTERNATIONAL, the world’s largest annual architectural and commercial lighting and trade show and conference. The trade show and conference will be held in Philadelphia at the Pennsylvania Convention CenterApril 23th – April 25th.

LIGHTFAIR offers Vu1 a significant opportunity to introduce our bulbs and ESL technology on a widespread basis. In addition to the 23,000+ attendees, the conference features more than 200,000 square feet of exhibition space “housing the most celebrated and progressive names in global lighting design.” Based on our experience at this show last year, we feel it offers an amazing opportunity for Vu1 to gain exposure and generate industry buzz, as we had interest from literally hundreds of distributors, retailers and utilities.

Members of Vu1’s sales and marketing team will be on site showcasing the bulbs that are being produced in China and demonstrating ESL technology to the more than 23,000 design, lighting, architectural design, engineering, energy, facility and industry professionals from around the world expected to attend.

Vu1’s exhibitor booth number is 108. Please join us if you are in the area.

A quick update on China

Stanley and Cameron continue to make great strides with our partners in China.  Cameron has been able to increase efficacy and efficiency in the electronics manufacturing testing process while Stanley has done a terrific job managing the many new relationships we have commenced over the last month or two.  The new equipment has been ordered and the subcontractor is expecting delivery shortly.  All other processes appear to be moving smoothly at this point in time.

We will provide another update next Thursday.

William B. Smith
Chairman and CEO
Vu1 Corporation

Phase In

I am happy to report that we continue to make good progress and am encouraged by the strides we have made in addressing the quality control issues with our manufacturing partner’s subcontractor.

This week has seen significant progress on two fronts. Firstly, we have purchased the necessaryequipment to ensure that yields increase dramatically moving forward. Secondly, we have hired – on a contract basis – two Chinese nationals with extensive expertise to work on-site with the subcontractor.

In addition, we continue to move forward with the other parts of the process unabated.

As we continue through the testing and manufacturing processes, certain aspects of ESL technology continue to stand out as features we’re particularly proud to bring to market. One feature that sets us above the competition is our superior “Phase In” light quality.

Phase In is the part of ESL technology that allows our light bulbs to illuminate within one and half seconds of being turned on—a feature that’s easier on the eyes and that we feel certain will matter to consumers when they shop for new bulbs. VU1 has filed a trademark application for the “Phase In” technology.

Field research has shown consumers strongly dislike having to wait for CFL bulbs to fully light up. Two minutes seems to be the average wait time. Covered CFLs can take even longer—some take three to five minutes to fully illuminate, depending on ambient temperature. Worst of all, in some climates, CFL’s never fully illuminate at all because of cold temperatures. Think about sitting down to read your morning paper and having to wait three minutes or more for your lamp’s light to kick into full gear. Consumers are understandably frustrated

Why the delay? Covered CFLs contain a substance called amalgam that prevents the mercury in a CFL from overheating. (Click here to review our post about the dangers of mercury in CFLs.) Amalgam allows mercury to vaporize at a higher temperature, thereby providing more light, but causing a slower warm-up period.

The combination of instant Phase In light in a mercury-free, energy-efficient bulb can’t be emphasized enough as a strong selling point for the market. We look forward to approval of our trademark for Phase In and to introducing consumers to the instant lighting of VU-1 bulbs.

William B. Smith
Chairman and CEO
Vu1 Corporation

Update From China

While we have enjoyed providing weekly updates to our potential customers and followers, we have been quite transparent in sharing the great progress we have made over the last few months.  This also means we must be transparent when we run into issues, no matter how big or small they are.

We continued to experience poor yields from one of the two subcontractors that Huayi had engaged.  We believe that additional equipment and additional training will be needed to raise our yields to an acceptable level. While disappointing, this in no way brings the other two segments of the bulb manufacturing process to a halt.  Not every swing is a homerun, and this is all part of the process to ensure we deliver a premium product to the marketplace.  Again, all other segments of the manufacturing process can continue at this time.

Upon achieving satisfactory yields, we will provide an update for our automated production schedule.  We look forward to communicating next week.

William B. Smith
Chairman and CEO
Vu1 Corporation

Postscript: I also would like to thank everyone for his or her feedback about our updates.  I would like to make a few things clear. This blog update is not a PR effort; it is simply a communication tool so people can see progress. We are not using professional photographers, professional cameras or professional video equipment. We are using camera phones. We do not believe spending funds on these extra items is necessary at this point.

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

An Important Reason VU1 Matters

Not a day goes by where I am not reminded of the value of our product.
Recently the Alliance for Natural Health reported on a new study about CFL
bulbs and the dangers from the mercury contained within them – including
risk of cancer.  This is in addition to the EPA recommending the removal of
both people and pets from your home for a minimum of two hours if you break
a CFL bulb.  Don’t believe me? You can read more here:
http://www2.epa.gov/cfl/cleaning-broken-cfl

It is almost weekly that a new report sheds light upon the hidden dangers of
compact fluorescent bulbs and the toxic amount of mercury contained therein.
While CFL’s continue to gain attention for all the wrong reasons, ESL
lighting technology is in the spotlight for its ability to create the
same warm natural light quality as an incandescent bulb (and not disrupting
our natural sleep patterns like LED’s and their blue light) while being 70%
more energy efficient and lasting up to five times longer – all while being
100% mercury free.

In this day and age we expect that all products are safe and that alone is
an important reason to expect high demand for Vu1 bulbs- it not only saves
energy while delivering high quality light-it’s safe.

Finally, and most important, as I write, our engineers and project manager
are on their way to China to begin implementing all the changes that need to
be made at Huayi as well as with the sub-contractors.  We have been working hard
over the last month and look forward to hitting the ground running this weekend.

We will have more details about our progress next Thursday.

William B. Smith
Chairman and CEO
Vu1 Corporation

Weekly Update

Our team at Vu1 is working hard to confirm several details for this week’s update and will have a full weekly status blog ready tomorrow.

Back to China and On To LIGHTFAIR

The Vu1 engineers are meeting as I write this blog, as they are having their last face-to-face gathering before leaving for China next week. They are finalizing plans, making sure they have attended to every detail.

We have made extraordinary progress with our testing efforts.  Our new testing will increase efficiency and speed when implemented on components and final products.  Cameron McLeod has done exceptional work in this area and should be applauded.

The team will also split up while visiting China, allowing Project Manager Stanley Chao to visit Vu1’s home base of Huayi, as well as visit with our subcontractors. This will ensure our new quality control managers are implementing all changes necessary.

As we stated previously, the team is headed back to implement the resolutions for all issues found on our first trip, implement new testing standards and drill down on quality control.  We will stay in China until we are comfortable bulbs are being manufactured in a controlled and proper fashion.

On another note, we are pleased to announce our participation in LIGHTFAIR 2013. At the 2012 show, we made our debut. It was very exciting and proved to us what a great product we have and how unique it is to the lighting industry.

This year the show is in Philadelphia, PA, April 21 through 25.  Vu1 will be the only ESL bulb at the event. Those attending will be able to experience our proprietary patented ESL technology first hand as well as meet some of the Vu1 team. We will be stationed at booth 108 and would love to have you drop by.

LIGHTFAIR International is the largest annual architectural and commercial lighting trade show and conference in the world.  It blends continuing education courses with innovative products ranging from high-end design to cutting-edge technology.

We look forward to updating you next week on all that is new at Vu1.

William B. Smith
Chairman and CEO
Vu1 Corporation

Confident In Our Progress

Our engineering team, led by Project Manager Stanley Chao, have confirmed and booked another trip China during the first week of March. Stanley is very confident in the progress being made by our engineering team as all issues have been successfully addressed and we are excited to implement changes and hit the ground running.

I recognize there have been too many past issues hitting deadlines, simply put, it’s unacceptable, but I want to assure you that we are on track with our new QC and engineering team to identify and deliver the fixes needed to commence mass production.  It is understandable that the previous missed deadlines may have made consumers and investors apprehensive, but we are delivering the best and most up-to-date information possible as we receive it in an effort to regain your trust.  I also understand this will not be regained until we deliver lamps consistently.  The alternative is to go “dark” and this isn’t fair to our shareholder and potential consumer base as it delivers the wrong message.

We are happy to announce Vu1 has reengaged with KCSA Strategic Communications to oversee and manage our investor relations beginning March 1, 2013. We welcome them back to the Vu1 team.  We view Jeffrey and Phil as part of the Vu1 family and look forward to working closely to ensure our message is delivered to the investment community.

On the sales and marketing front, in March we will commence delivering product samples for distributors, retailers and media. Our national sales representative, James Poindexter, and our marketing agency, The Sales Factory, are revving up their teams for a full-court press, ensuring our message is delivered to every ED, Retailer and journalist that wants to hear our story.

It’s been a long road, and it’s an exciting time for Vu1 and our shareholders. I look forward to sharing continued updates as each week progresses and we close in on our full retail launch.

William B. Smith
Chairman and CEO
Vu1 Corporation

Engineering – Our Singular Focus

Since returning from China, we have been working diligently to correct each issue that was uncovered while our engineering team visited to thoroughly analyze every step of the process, including analysis of sub-contractors.

At this writing, our manufacturing team, led by Project Manager Stanley Chao, is wrapping up a meeting in the bay area to sort through next steps when they return to China in the first week of March. As you may be aware, the Chinese New Year is in full swing – this has given us an opportunity to order new supplies/components, as well as a new pump needed for the production process. The components and new manufacturing equipment will be in hand when manufacturing resumes after the Chinese New Year break.

Providing more detail: phosphor application is an example of one issue that is easily correctable — simple training for the workers in China on the proper application technique is an easy remedy.  In fact, most issues were of this nature – easy fixes that will be incorporated and double-checked when our engineers are back on the ground overseas. We will also have two full time Chinese nationals on the ground in China representing Vu1 for the foreseeable future to ensure daily oversight and quality control.

As I mentioned in my last communication, the processes that we found to be done well, were done exceptionally well; we are also fortunate that they are the most complicated part of the process, and where our partners fell short, we have identified and have in most cases already found the solutions to implement when we hit the ground in early March.

As always, thank you for your patience. We are also very excited to share some updates to our executive team at Vu1 in next Thursday’s blog.

William B. Smith
Chairman and CEO
Vu1 Corporation

Dispatch from China

Our technical and project management teams recently returned from China, where they spent more than a week of intensive study on our manufacturing process and quality control with our partners at Huayi, as well as some of the sub-contractors.

Their initial feedback has been quite positive — as with all manufacturing processes, there were things that are being done exceptionally well, and some parts of the process that still need tweaking for quality control. Most importantly, they feel confident that we will be able to release a production and distribution schedule to the public in the coming weeks.

I wanted to share with you some images of our team’s quality control work in China, so you can see for yourself the level of detail of our analysis.

Moving forward, we will release news to you each Thursday on our blog, to ensure that you are kept up to speed on the latest news in this rapidly-moving phase of long term financing, manufacturing and management updates.

William B. Smith
Chairman and CEO
Vu1 Corporation

Vu1 Marketing Pre-Launch Session Conducted in Anticipation of the Arrival of Vu1 ESLs

I had the chance to spend much of today in Greensboro, North Carolina, working closely with The Sales Factory — our marketing partner for more than two years. With the launch of our R30 ESL bulb drawing nearer, we felt it was a good time to get together with The Sales Factory for a prelaunch marketing strategy session. We spent time reviewing the details of our nationwide marketing and public relations campaigns that will support our product launch.

In fact, we will ultimately operate two simultaneous awareness programs — one will be aimed at distributors, with the goal of building up our roster of sales partners to make it easy to find an ESL bulb, no matter what type of store or website you patronize for your lighting needs. The picture below will give you a peek at a high-impact mailer that The Sales Factory has conceived of to get bulb samples into the hands of prospective distributors, both quickly and in an eye-catching and impactful way.

The second campaign, of course, will be to encourage consumer adoption of the Vu1 ESL as an energy-efficient replacement for their current lightbulbs. Once we have bulbs in hand, I can assure you that our fervent followers and the wider public will begin to hear more about both the underlying technology that makes the Vu1 ESL the best incandescent replacement on the market; and of course, about where consumers can procure the bulbs for their own use.

The meeting left me feeling as excited as I’ve been in months about our ESL bulb, which is ever closer to reality. With our newly-minted technical team already making great strides in China since their arrival last weekend, there is palpable and positive momentum throughout our company. Thank you for your patience and confidence in Vu1.

William B. Smith
Chairman and CEO
Vu1 Corporation

 

Vu1 Technical Team Arrives in China

I am happy to share the news that the Vu1 technical team arrived in China over the weekend. The technical team will remain to oversee the final phases of the manufacture of our first batch of bulbs; as well as to set the groundwork for future production.

Prior to their departure, the team met in California with myself and other Vu1 executives to map out the objectives of the trip.

Pictured here are Cameron McLeod, Electronics Director; Dr. Charles Hunt, Director; and Stanley Chao, VP Asia Pacific; who traveled to the Huayi manufacturing facility; and Matt DeVries, CFO; and John Rhefeld, Director; representing the Vu1 home office.

We are excited to have this team in place and believe that their expertise and guidance will be the key in mass-producing the Vu1 ESL to meet growing consumer demand.

William B. Smith
Chairman and CEO
Vu1 Corporation

Vu1 Packaging Evolution

One of many key differences between the Vu1 ESL and other energy efficient bulbs on the market is its resemblance to incandescent lightbulbs — no strange squiggles, arrays or fins like those found in CFL or LED bulbs. It’s also critical to us that when the bulbs are shipped to stores and consumers, they are afforded the best protection from damage during the shipping process.

With this in mind, Vu1 has updated its packaging — creating a new “clamshell” container which will provide not only detailed information and protection, but also a very clear view of the enclosed bulb and its pleasing aesthetics. The new package, made of molded plastic, is contoured around the bulb to ensure it is securely seated and not subjected to vibrations or other potential dangers. The displayed product information, as with our previous packaging concept, will allow consumers to quickly measure the Vu1 against other lighting alternatives and understand its benefits.

We have provided here three images of the new package. We are excited about this step as we move ever closer to the launch of our Vu1 ESL in the U.S. marketplace.

William B. Smith
Chairman and CEO
Vu1 Corporation

Vu1 Manufacturing Update – November 20, 2012

I have just spoken with our engineers in China and wanted to share this update regarding our bulb manufacturing process. I can assure you that no one is more eager than myself to have our bulbs launched and on sale here in the U.S.

Candidly, we are still engaged in essential testing on critical components. This is an important quality control step that must be completed before we can begin to ship bulbs to America. We simply cannot afford to send out bulbs that have not been rigorously tested.

Huayi Lighting, our manufacturing partner, has all components on hand to assemble enough bulbs to satisfy our initial purchase order. Once testing is completed successfully, final assembly will take place and shipping will commence via air.

I am continuing to work with multiple interested parties on securing additional financing. The company is examining multiple scenarios and wants to ensure that our financing deals are as favorable to shareholders as possible. As a side note, we have reduced our burn rate significantly.

Finally, we have secured three new patents this year, making a total of seven awarded patents and four pending for our proprietary ESL technology and related processes. Our IP protection remains very robust.

I expect that my next communication will be a precise shipping date.

Thank you for your patience and interest in Vu1.

View the patent

William B. Smith
Chairman and CEO
Vu1 Corporation

Vu1 Lauded For Graphic Design Excellence

I wanted to share with you the good news that the packaging for the forthcoming Vu1 R30 bulb was recently cited for its creative excellence in a national awards competition.

Those purchasing the R30 bulbs when they become available shortly will find that it is enclosed in a box that was cited for its visual and informational appeal by Graphic Design USA, which bestowed a 2012 American Graphic Design Award on Vu1.

Graphic Design USA has been sponsoring national design competitions for nearly five decades. The American Graphic Design Awards recognize creative professionals for exceptional design work of all types and across all media.

William B. Smith
Chairman and CEO
Vu1 Corporation

Manufacturing Update

I wanted to provide a brief update since we last reported to you about manufacturing in China. First, some very good news: it appears that we will be ready to ship our first 40,000-bulb order shortly.   While this process is very frustrating, we continue to make tremendous gains and there is certainly a renewed resolve from our manufacturing partners.

As you can see in the manufacturing related pictures, we are in the advanced and final stages of manufacturing as we prepare to take the necessary logistical steps to prepare for shipping.

In these photos, you are looking at pictures of the assembly, highlighting the PCB boards which are critical to the bulb’s functionality; and the electron guns which excite the phosphor at the surface of our bulb, generating the warm, pleasing glow that is the hallmark of the Vu1 R30. In the third photo are boxes filled with glass jugs awaiting assembly.

We know you have eagerly awaited information on Vu1 – as you can see, we have been singularly focused on ensuring the quality of our manufacturing efforts and getting our product ready for market as quickly as possible.

We will continue to update you as these bulbs move from manufacture to shipment and then ultimately to retail sale.

William B. Smith
Chairman and CEO
Vu1 Corporation

      

Light-Source Symposium Update

I recently attended the 13th International Light-Source Symposium (LS13), held in Troy, NY in late June.  This is THE scientific conference on lighting sources (lamps) and is held every other year. This year, it was hosted by Rensselaer Polytechnical Institute (RPI) Lighting Research Center (LRC), and held at the RPI campus.  In recent years, this conference has focused heavily on LED and OLED — so-called “SSL” — sources with only a minimal amount of discussion centered on fluorescent, HID, halogen, and other light sources.
The chief technology officers of several important lighting companies (Osram, Philips, GE, Cree, Panasonic, and Toshiba) all spoke on the first day, and, surprisingly, I observed none of the hyperbole or excessive optimism about LED and SSL we’ve experienced in recent years. 

In an ensuing panel discussion, one question from the audience was, “Can you list and prioritize the technical challenges with SSL, and can you tell us what the key issue to solve is?”

Without hesitation or disagreement, they listed cost, thermal management, reliability, color quality, electronics, and form factor.  Two of the CTOs agreed that the top two are extremely serious, and necessary to solve before SSL can make significant inroads into the residential lighting markets.  They all agreed that SSL is only relevant at the present for decorative and specialty lighting, especially backlighting. They also agreed that they feel major improvements may come about (ranging in opinion of 1 to 10 years.)

The Vu1 ESL light bulb was presented in a “Landmark Lecture,” and as a result, became the talk of the conference. The LRC hosts provided a fixture with a triac dimmer switch, and it was quite clear that the lamp delivers on the claims: it looks just like what it replaces, it works smoothly with the dimmer switch without flickering, and it turns on and off instantly.

From the conclusion of the Vu1 lecture, until the end of the five-day conference, there were no naysayers.  Essentially everybody wanted to see the bulb up close, and everyone asked for samples of the bulb as well. I saw at least 200 mobile-phone cameras pop out and snap pictures of the lamp – easily, the most-photographed item at LS13.  I hope if someone else who was there took a picture, they’ll post it for everyone.  It was clearly understood that the Vu1 R-30 (and the coming other configurations) provide a product which is lacking right now in both CFL and LED platforms.  This is the first energy-efficient, sustainable technology to come along which looks good and is reasonably priced.
With regard to other conference highlights, the consensus is that OLED technology is far too dim, unreliable and too expensive for products at this time; but some years in the future, there should be a crossover in “cost per lumen” which could help them emerge as residential products.

The LED “Blue Light Hazard” is no longer viewed as unsubstantiated fodder for emotional hysteria: all of the LED community is now acceding to the existence of problems with circadian rhythms, melatonin and other hormone production, macular degeneration, disrupted sleep cycles, and other issues, as a result of exposure to LEDs – the potential to be a major worldwide issue.

Finally, there were presentations which demonstrated that UV LEDs, which can be used as pumps for LED light sources, are making improvements; but they are still years away from being on the market.  For residential use, the VU1 ESL lamp is the only thing anybody is offering which looks good and is affordable.

Dr. Charles Hunt
Director
Vu1 Corporation

Vu1 Update

I would like to welcome Greg Owens back to Vu1 as our Chief Operating Officer. Greg was instrumental in helping the Vu1 Board and the company restructure as a member of the board of directors. He had volunteered to step aside to make room for independent directors in the fourth quarter of 2011; but his guidance was always appreciated, and we are honored to have Owens in the COO role. At present, I do not see any other management additions or changes until Vu1 is successfully shipping R30s to the United States.

I would also like to make everyone aware that I have asked the board to change my compensation structure to equity, and I expect this to be approved and in effect shortly. I believe this further aligns the interest of SAM with those of all shareholders.

I would also like to reiterate what I have said previously: No one is more disappointed in the operational performance of the past and resulting product delays than the largest shareholder — me. The company is now my responsibility, and, as of today, we believe that the stated goals that I have recently communicated remain achievable. Should anything change, I will immediately communicate this to our shareholders and retail partners.

I will also say that during my recent discussions with institutional and individual shareholders, I have agreed that most — if not all – of the criticism has been warranted and there is no excuse. This must change if we are to earn back the confidence of our shareholders and there is only one way to do this, by executing a proper business plan and delivering on stated goals.

I would also like to apologize for the delayed posting of Charles Hunt’s conference review. I did not realize that Charles left for family vacation right after the conference — he returned Friday evening and we should have his comments posted shortly.

Lastly, I wanted to mention that we continue to take steps to protect our proprietary ESL technology – we were awarded an additional patent recently for “System and Apparatus for Cathodoluminescent Lighting,” which essentially defines how our lighting output is generated. Needless to say our patent portfolio is extremely important.

William B. Smith
Chairman and CEO
Vu1 Corporation

Manufacturing Update

As you may recall from my previous blog posts, I promised that I would be transparent in offering you updates on the Vu1 manufacturing process as they become available.

This resolve has not changed – though many of you have expressed frustration regarding a lack of information, I simply don’t want to waste your time with updates that don’t offer the critical information that we all are anticipating – REAL progress on bulb manufacturing, and the ultimate delivery of light bulbs to our channel partners here in the United States.I am pleased to share with you that yesterday, as we enjoyed the celebrations surrounding Independence Day here in America, we were crossing a significant milestone in China. I was made aware by lead engineer and project manager, Jiri Hrabal, that Huayi Lighting, our manufacturing partner, has successfully sourced, manufactured — and Vu1 has tested successfully — the first Vu1 R30 lamp.Though this is long overdue, we could not be more pleased with this major milestone and achievement. Though the process continues to be refined, we are making much more significant strides in our short time in China than we had previously.

More positive news: I have recently and personally met with our national retail sales partner to provide an operational update; and I continue to provide operational updates to our current and prospective master, electrical distributor and retail partners.  At this time, all partners remain enthusiastic and committed to Vu1.  That is not to say that there is not disappointment with Vu1’s delays — there are — but I have assured all partners and potential partners that I will provide transparency and material updates should anything change from our current course.

As you may appreciate, communication with our Chinese partners is a work in progress, though I continue to take the steps necessary to identify and resolve any problems as quickly as possible. Such issues are now being addressed in a significantly more timely fashion than in the past – days, instead of weeks or months. Though there is still a need for a great deal of improvement, we continue to work toward that goal.

Now that bulbs are being successfully manufactured, we have opened discussions with Underwriters’ Laboratories (UL) to set up a time in the near future for them to commence their inspection of the Chinese manufacturing facilities.  This is another step on the way to mass production, and we are excited to keep moving the project forward as quickly and prudently as possible.

Finally, I had shared with you that director Dr. Charles Hunt was to attend a prestigious conference – LS 13 — to present the Vu1 case before an international community of scientists; Dr. Hunt has communicated to me that the R30 and ESL technology were extremely well received at the five-day conference.  Dr. Hunt will be writing a review and I will post the review on the Vu1 blog in the next few days.

Thank you for your continued interest in Vu1.

William B. Smith
Chairman and CEO
Vu1 Corporation

Vu1 Board Announcement

Effective June 6th, 2012, Scott Blackstone has stepped down as Chief Executive Officer of Vu1 Corporation. We would like to thank Scott for the work he has done for our company and send him our best wishes for the future.

Executive Chairman and President, Bill Smith has been appointed as the new Chief Executive Officer of Vu1 Corporation. We do not anticipate any disruptions, as Bill has been in an operating role for the past several months.  Bill has been working directly with the engineers and manufacturers in China on a daily basis to ensure enhanced communication, effective sourcing, manufacturability and the hiring of quality control professionals.

Our focus remains twofold: 1) to manufacture a great product and 2) deliver it to the U.S. in a timely fashion.

Sincerely,
Vu1 Board of Directors

Investor Conference Call Roundup

I wanted to share with you some highlights from the conference call we held for Vu1 investors this week. In short, we are making tremendous progress in overcoming the challenges we’ve experienced, and now feel we are building a lighting alternative – and company – that will meet and exceed the expectations of shareholders and consumers.

First, I have taken a more active role with the company – I’ve been named Executive Chairman and President, and I have spent the greater part of the last six weeks addressing the issues we’ve experienced with communications regarding our manufacturing process as well as efforts in North America.

We are no longer sourcing any components from Europe – we believe we have consolidated manufacturing in China and are now relying on Chinese manufacturers for the sourcing of our components. This means we will obtain these materials in a cost-effective manner, and without further delay.

With all key equipment needed for manufacturing either identified or installed, we expect production to ramp within the next several weeks. The final piece of this process – hiring our own quality control and manufacturing engineers to oversee our interests at the Huayi plant – should also be complete shortly.

We are moving forward with purpose – it is clear from our recent reception at Lightfair that the world is eager for an alternative to CFLs and LEDs. We are scaling our operation with hopes to produce between 5 and 7 million units over the next 12 months – including not only the R30, but also the A19, and R40. We remain committed to shipping the first of these units this summer to Lowe’s and other customers. Ultimately, our manufacturing model envisions production up to 20 million units by 2014, with a total of six unique SKUs, including the above mentioned R’s and A and their 220V counterparts for Europe, Asia and South America.

Many have questioned whether the delays we have experienced were indicative of the manufacturability of our lightbulb. A bulb of our complexity, which requires the fabrication of three separate units — Glass Jug, Gun, and Electronics — in three separate facilities, takes time to refine. As with any new technology – including CFL 20 years ago and LED bulbs even at present, these technologies went through the same type of growing pains – once production processes are streamlined and refined, Vu1 will be ready to ship light bulbs.

As I have stated many times, there are two things that matter; first, manufacturing the lamps; and second, making sure we have proper quality control standards on the lamps that are ready to ship. Shipping bulbs prematurely is NOT an option.

I thank you again for your interest in Vu1, and promise that I will keep you updated as developments occur, both positive and not so positive.

Bill Smith
Executive Chairman and President
Vu1 Corporation

International Symposium on the Science and Technology of Lighting

I am happy to announce that the underlying technology behind Vu1′s ESL bulbs has been selected for a landmark presentation in June at the International Symposium on the Science and Technology of Lighting.

Hosted by Rensselaer Polytechnic Institute’s Lighting Research Center, the Symposium (called LS13 for short) brings together engineers, scientists and designers from the lighting industry and research and academic organizations from across the world.

A paper co-authored by myself and U.C. Davis researcher Charles Hunt, titled, “High-Quality, Energy-Efficient and Affordable Light Source using Cathodoluminescent Phosphors,” is what caught the attention of the symposium organizers.

To be selected as a “landmark presentation” is no small feat; it means the paper will be featured in a 15-minute oral presentation to the entire grouping.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Vu1 Update

Effective Friday May 11, 2012, after 1-1/2 years as a Director and just under a year as interim President of Vu1 Corporation, Bill Hamlin has stepped down from both positions. The Board would like to thank Bill for his contributions to Vu1 Corporation, and we wish him well in his future endeavors.

Sincerely,
Vu1 Board of Directors

Lightfair 2012: Day 3

Lightfair 2012, from our perspective here at Vu1, far exceeded our expectations in terms of serving as a launch for our product. We are definitely “on the radar” now of potential distributors, customers, scientists, government officials – and our competition in the incandescent replacement industry.

Visitors to our booth today included a horde of international interests from Germany, Spain, Peru, Chile, Brazil, Argentina, Mexico, Canada, Japan – and the list goes on. We also held detailed conversations with energy-efficiency groups who are interested in promoting our product in their education and green job programs.

We always believed that we offer a superior product that is a hands-down winner in terms of light quality and energy-efficiency against LEDs, CFLs and other incandescent replacements. This show simply cemented it for us and for the hundreds of visitors to our booth at Lightfair. We look forward to our Summer 2012 on-sale launch at Lowes and for providing “Light Without Compromise” to the many folks ready to switch to the Vu1 ESL.

Thank you,
Scott Blackstone

CEO, Vu1® Corporation

Lightfair 2012: Day 2

Day 2 at Lightfair 2012 in Las Vegas seemed to underscore how different, unique and groundbreaking the Vu1 ESL is among its brethren at the trade show. Booth traffic – and word of mouth — seemed to grow to a crescendo, as more visitors today approached us and told us that they were informed they “had to see the Vu1 booth.”

Vu1 received mentions in two break-out sessions – one titled “What’s New in Lamps and Ballasts,” and another billed as “A Guided Tour of SSL Area Light Sources – Past, Present and Future.”

We again were impressed to learn of new potential markets for the Vu1 ESL that we hadn’t previously anticipated. We enjoyed a detailed conversation with representatives from Cal State Fullerton, which ended with an expression of interest in a pilot program for their dormitories. It turns out that CFL bulbs, due to safety issues, are not favored in the dorms, and LED bulbs, due to their high cost, have been met with a high rate of pilferage. Vu1 may indeed be just the right solution to their desire to be more energy-efficient. We also chatted with a representative from JetBlue, who said he could envision the Vu1 ESL providing lighting at its ground-based facilities.

Interest from utilities was plentiful, particularly as it related to potential “direct-install” programs; and we also received interest from a multitude of “escos”, or energy service companies. Distributors, members of the media and interested competitors comprised the balance of our visitors on Day 2.

We wrap up a very successful Lightfair 2012 tomorrow, and look forward to sharing our experiences on what is sure to be an exciting final day.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Lightfair 2012 – Day One Wrapup

LightFair 2012 Day 1 WrapupThe Vu1 team wrapped up an exhilarating first day at Lightfair 2012 – the world’s largest lighting trade show – in Las Vegas. Visits to our booth were non-stop, with interest expressed from all facets of the lighting business – distributors, media representatives, rebate companies, scientists, students – even a representative from the Academy of Motion Picture Arts and Sciences (AMPAS) spent time learning about our proprietary ESL technology. In fact, we learned that interest in – and prospective purchasers of — the Vu1 ESL bulbs may come from avenues that we hadn’t anticipated.

The day began on a high-note, as Vu1 was recognized as one of a handful of nominees for the Lightfair International Innovation Awards in the conventional light replacement category. It’s a pretty heady achievement for Vu1, in a category dominated by larger companies, and almost entirely by LED manufacturers.

In fact, Vu1 offers a notable counterpoint at Lightfair this year, with more than half of the exhibitors displaying some form of LED lighting solution. We repeatedly answered the question of “what exactly is ESL anyway?” and were met with almost universal acceptance for our technology, attributes and price point.

We look forward to reporting to you after Days 2 and 3 of the show. Thank you for your continued interest in Vu1.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Is a Bulb Shortage In Our Future?

The changeover from incandescent to high-efficiency lighting products may have one notable side effect that the public is not anticipating – a shortage of supply of the new, more energy-efficient alternatives.

The current light bulb market – measured in units — is about 80 percent incandescent and about 20 percent high efficiency – with the latter almost completely dominated by CFL. Over a longer time frame, the conversion from incandescents to the longer-lasting high-efficiency bulbs (which will have about five times the life) will add, analysts say, no more than 15 percent more demand to the high-efficiency market — meaning the new market for bulbs will top out at about 35 percent of what it is today, in units.

This additional growth capacity of 15 percent of the market will be filled by the increasing consumer demand for emerging technologies — LED bulbs, higher efficiency halogen and, of course, ESL bulbs – and over time start displacing the CFL market as well.

However, the industry as a whole has no incentive to create manufacturing facilities for high efficiency bulbs capable of producing more than about 35 percent of the current units produced. Even though initially all bulbs have to be replaced, bulb capacity takes several years to build and then pay for itself — and it doesn’t make economic sense to gear up for a short-term problem.

This means that in 2014, when all bulbs, by mandate, have to be replaced, the industrial capacity for bulb manufacture will not be able to meet demand and there will be a bulb shortage. I am sure that this will not be as dramatic as an abrupt change because people will stock up on incandescent bulbs, existing factories will extend hours, etc., but nevertheless, this is a large hole to fill.

It will be interesting to see how it all plays out.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

An Update

To ensure we remain transparent with our investors and other stakeholders, we wanted to shed some light on recent happenings. First, we have filed a Form NT 10-K with the SEC – giving us more time to determine the appropriate accounting for the ceased operations at the Sendio plant. Though this process is taking longer than we had hoped for, it is not unexpected. Second, we are in the process of completing our private placement and remain confident that we can complete the capital raise.

Lastly, on the morning of Tuesday, April 17th, we will be hosting an investors’ conference call, during which we will provide a comprehensive update on our manufacturing, distribution, and financing followed by a question and answer session. The details of the call will be announced shortly, and we encourage everyone to dial in and participate.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

R30 Bulb Production

I am happy to report that production has commenced on the R30 bulb in China.

At this writing, I am happy to report that we have ramped up manufacturing at three key plants that are making the components that comprise the Vu1 R30 bulb. In the pictures that accompany this blog post, you are looking at the manufacture of the electron gun and the phosphor coating process – two key steps that create our near-Lambertian full-spectrum light.

These components, along with the bulb itself and some other electronics, will be fused together to make our finished product at the Huayi plant. Manufacturing equipment at Huayi is almost completely installed. A pair of proprietary processes that are critical for the Vu1 ESL — processes which ensure the durability and long-lasting nature of the bulbs – will soon be in place and allow us to move forward with final assembly.

Once final assembly is under way, we will begin to ship finished bulbs.

As information becomes available, we will update you. In the meantime, I thank you for your patience and appreciate your continued interest.

This is the gun sealing in area. The electron gun is mounted on a glass stem. The glass stem, with the gun, is inserted into the bulb. Then with a flame, the glass stem is fused, welded, melted together, into the bulb making a vacuum seal.

Bulb coating process. In this fixture, the phosphor is put into a liquid suspension and poured into the upside down bulb. The bulb is then rotated and tilted to coat it uniformly.

Closer view of phosphor coating operation.

The inside of the bulb is coated with aluminum. The gauge on the top is used to measure aluminum thickness.

The bulbs, in the corner of the table, are drying in a forced air-drying rack.

 

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Vu1 Corporation Comment Regarding Sendio and Financing

On February 13, 2012, Vu1 announced the transition of our manufacturing operations from Sendio in the Czech Republic to the Huayi Lighting Company, LTD in China. After completing an internal review of the Sendio operation in Q4 2011, we determined that it was in the best interest of Vu1 and its shareholders, both in terms of manufacturing and cost of operations, to transition our manufacturing operations to Huayi.

In response to a number of shareholder inquiries regarding the Sendio operation, we would like to offer the following:

  1. Sendio is a standalone company in CZ.
  2. Sendio filed for insolvency on Feb. 13, 2012; Vu1 is its largest creditor;
  3. The current financial situation with Sendio does not and will not have an impact on the day-to-day operations of Vu1.

Lastly, we would like to follow up on the previously announced capital raising activities:

  1. Vu1 is currently in the process of completing a private placement;
  2. The private placement is being completed through current individual shareholders and management; the Company is focusing on attracting long-term investors;
  3. Vu1 is not working with the investment banking community on this transaction;
  4. The process is moving along very well and given the high level of interest, we anticipate closing this transaction in March 2012; we will issue an 8-K upon closing.

We are very excited for what the future holds for Vu1 Corporation and as CEO Scott Blackstone recently mentioned we are even more excited about the Huayi relationship.

Vu1 Corporation

Dispatch from China

We are pleased to share a photo of a gathering of professionals at the Tianjin Jin-Jing Glass Bulb Company, another of our manufacturing partners, and the largest supplier of CRT glass in China. We have now been in China for a couple of weeks, visiting with the various component vendors and ensuring production with our manufacturing partner Huayi Lighting Company Limited is gearing up as planned.

have been struck with how gracious our partners have been, as well as their professionalism and vision. It has been striking to see how advanced the manufacturing facilities are in this part of China – considered the “lighting capital” here due to the heavy concentration of lighting accessory manufacturing done here.

Huayi, which is where final assembly of the ESL R30 is taking place, is one of the biggest, boasting a 2.1 million square-foot manufacturing plant. The company has been at the genesis of many new lighting products, and in fact has developed or produced 30,000 different lighting fixtures or accessories in the past 20 years.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

International Builders Show 2012

We wanted to update our consumers on an issue which has been discussed quite a bit lately — compatibility of the Vu1 bulb with dimmers. As we have noted, our ESL bulbs have the ability to be dimmed, which is a clear advantage over many of our competitors in the energy-efficient bulb arena. What we have shared in common with these competitors is a compatibility issue with some models of the older generation of dimmers, which require a minimum wattage level to function — a minimum well above the 19.5 watts at which the Vu1 R-30 bulb operates.

We have begun a dialogue with the larger commercial dimmer switch manufacturers — many of whom are already addressing the issues inherent with ESL, CFL, LED and other low-wattage bulbs — the photo, provided, was taken this week at the International Builders Show in Orlando, where we have representatives on the ground working to tell the ESL story. We will be asking the bulb manufacturers to test our bulbs with their dimmers, and, conversely, we will undertake our own testing with existing dimmers to certify those that are tested as compatible with the ESL bulb. We will keep you posted on our progress.

I hope this update is helpful to you, and of course we will continue to update you on product developments as they occur. We also invite you, our consumer, to let us know if you encounter specific issues with dimmers in your home or business, so we can conduct further research.

 

 

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Exciting news for Vu1!

The February/March 2012 issue of Handy Magazine has selected the Vu1’s R30 ESL bulb as a 2012 Handy Innovation Awards Nominee. This places it in unique company, as Handy’s reviewers choose just a handful of new and innovative products each issue for this honor. Handy is the official publication of the Handyman Club of America, which boasts nearly three quarters of a million members. We have included a snapshot of the article below.

Handy Magazine Vu1® Article

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Thank You

I wanted to personally thank our Vu1 consumers, investors and Facebook followers for their suggestions regarding the type of features they would like to see on our web site. We currently are developing a full-fledged new site that will launch in the very near future, replacing the temporary site that is currently online. The new site will feature a host of detailed information about our products and will be a repository of information for consumers, investors and others interested in our ESL technology. Additionally, it will have a robust investor relations section which will offer the most up to date information on Vu1, including all corporate disclosure statements and SEC-required reports.

As we develop this site, we would like you to have a voice in what you see as the most beneficial features. Please feel free to share your thoughts at our Facebook page, or contact us directly via the contact information at the current web site.

We thank you for your continued interest in Vu1 and look forward to posting a new web site soon that is as enlightening as our ESL bulbs!

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Vu1 Will Continue to SHINE On!

It has come to our attention that a former executive of the firm has sold just over $150,000 of shares over the past 12 months, including roughly $100,000 since the beginning of last October. The former executive also had an additional 165,000 shares which he had given as collateral to a loan company and were subsequently sold on the open market. This former executive left the company during the summer of 2010 and by the conclusion of the year, was no longer in contact with the management team or board of directors.

We wanted to bring this to the attention of our investors as soon as it came to light. This former executive was incorrectly labeled as an ‘insider’, due to the total percentage of shares he owned. We felt it was important to correct this information and to convey that no current members of our management team or board of directors is a seller of shares. Our current management team and board of directors are in full support of Vu1’s growth strategy and are confident we will continue to “shine” on through out 2012 and beyond.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

Vu1 Corporation Provides Sales, Manufacturing and Funding Update

Dear Fellow Shareholders:

We are thrilled by the strong response to the recent launch of the Vu1 R30 bulbs on Lowes.com. The site was flooded with orders such that we are already preparing a stronger national in-store launch to accommodate the high level of interest. In addition, we just received a follow-up purchase order (PO) from Lowes.com and expect to have the site restocked soon.

We thank everyone who purchased Vu1 R30 bulbs at Lowes.com or attempted to make a purchase. Thus far, the reviews on the site for the R30 have been outstanding; we urge you to continue reviewing the R30 bulbs on Lowes.com as you use it.

As a result of the strong initial reception to the product, we have received offers from both company insiders and people with whom we have existing relationships, to finance Vu1’s growth at terms we believe are in the best interest of all shareholders and better than what are currently available in the public capital markets. We have therefore decided to pull our current S-1 Registration and complete a private transaction that will give us the ability to fund the reorders we have received from Lowe’s.

I am also pleased to report that the products manufactured by Huayi Lighting have been internally qualified prior to the start of the Chinese New Year. This is a significant milestone achievement for Vu1 as we have been working intensely with Huayi Lighting since October to qualify our product. We have also been working with a number of local Chinese suppliers and because this is our second time developing a manufacturing line, we were able to avoid the usual pitfalls and in fact were able to achieve quality levels on some key sub-assemblies that far exceed our current production in the Czech Republic. We have also accomplished successful life testing on the various components.

We are very excited about these new production capabilities with Huayi Lighting and will begin mass production after the 15-day Chinese New Year celebration, which is expected to conclude on or around February 7th. Because all of the products for the nationwide Lowe’s store launch will come from this facility, the formidable production capabilities of Huayi Lighting will greatly support this rollout effort.
As always, we thank you for your continued support of Vu1.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation

An update from Scott Blackstone, President of Vu1 Corporation

We are excited that the R30 bulbs, in which we have invested so much effort and resources into bringing to market, are about to be available nationwide through our partnership with Lowe’s. In any new business relationship, there can be growing pains as the parties work to do their best to foster mutual success. This has been the case with the Lowes.com online launch of the Vu1 products, and we have heard — and sympathized with — the comments from our eager future consumers and investors, posted on Facebook and in other forums.

I wanted to take the opportunity to address the most frequently discussed topics, in an effort to reassure you that we are very much on track to get the Vu1 bulbs in your hands, just as soon as possible. As always, we appreciate your support.

1. Have the R30 bulbs been delivered to Lowe’s?
A quantity of R30 bulbs was delivered to Lowe’s prior to the original launch date of online sales. These bulbs remain in Lowes’ system, awaiting the sales launch and subsequent fulfillment.

2. Why has information about the sales situation been so limited?
Vu1 has been working closely with Lowe’s to gain access to credible, concrete information regarding the online sales launch. Once solid information regarding a specific launch date is available, Vu1 with communicate this information via all the appropriate communications channels.

3. Why can’t I buy a bulb through other channels?
We remain committed to generating adequate inventory for sale through our relationship with Lowe’s, as we believe their nationwide distribution network represents the best way to get the most bulbs in consumers’ hands in the most efficient manner. We do expect that other retail outlets will be added to our sales network in the very near future.

4. What has caused the online sales delay?
Simply put, the first-in-class Vu1 ESL bulbs have necessitated the creation of a brand new lighting category. This type of change to the architecture of a comprehensive e-commerce website such as Lowes.com can take considerable time to achieve; we have received that the necessary changes are in their final phase of completion.

Thank you,
Scott Blackstone
CEO, Vu1® Corporation