The LOWEST COST LIGHTING SOLUTION Comparison Presentation

Independence LED = Lowest Cost Lighting Solution + Most Efficient Technology and Strongest Warranty Tubes Troffer Retrofits Parking Garage Fixtures High Bay Fixtures 10 Years = $ Years = $ T12 Fluorescent (with Ballast) Total Cost of Ownership 10 Years = $ T8 Fluorescent (with Ballast) See 2013 Best Lighting Retrofit Award 10 Years = $ T5 Fluorescent 10 Years = $ BEST IN CLASS The calculations assume comparable directional lumens, foot candles, or lux for 1 tube T8 (32W / tube + ballast factor) as the existing installed default, and the U.S. average $.12 Cost / kWh. With Independence LED’s 10 Year Warranty at 60,000 hours of life, common scenarios for 6,000 hours of illumination per year include: Grocery Stores, Retail Stores, Warehouses, Distribution Centers, Call Centers, Data Centers and long run time/double shift Offices (16 hours / day). The Independence LED performance is even better for 24/7 operations and properties such as Convenience Stores, Hospitals, Parking Garages, Exit Stairs, etc.) See Comparison Matrix 16W 12W 28W 35W 45W Avg. Overseas Manufactured LED Fixture

Independence LED = Lowest Cost Lighting Solution + Most Efficient Technology and Strongest Warranty Tubes Troffer Retrofits Parking Garage Fixtures High Bay Fixtures 10 Years = $1, Years = $ Total Cost of Ownership 10 Years = $1, See 2013 Best Lighting Retrofit Award 10 Years = $1, T5 Fluorescent 10 Years = $ BEST IN CLASS The calculations assume comparable directional lumens, foot candles, or lux for 4 tube T8 (32W / tube + ballast factor) troffer as the existing installed default, and the U.S. average $.12 Cost / kWh. With Independence LED’s 10 Year Warranty at 60,000 hours of life, common scenarios for 6,000 hours of illumination per year include: Grocery Stores, Retail Stores, Warehouses, Distribution Centers, Call Centers, Data Centers and long run time/double shift Offices (16 hours / day). The Independence LED performance is even better for 24/7 operations and properties such as Convenience Stores, Hospitals, etc.) See Comparison Matrix 60W 44W 112W 140W 160W T12 Fluorescent (with Ballast) T8 Fluorescent (with Ballast) Avg. Overseas Manufactured LED Fixture

Independence LED = Lowest Cost Lighting Solution + Most Efficient Technology and Strongest Warranty Tubes Troffer Retrofits Parking Garage Fixtures High Bay Fixtures 10 Years = $ Years = $ Total Cost of Ownership 10 Years = $1, See 2013 Best Lighting Retrofit Award 10 Years = $1, Compact Fluorescent 10 Years = $1, BEST IN CLASS The calculations assume comparable directional lumens, foot candles, or lux for Metal Halide ( 175W) parking garage fixture as the existing installed default, and the U.S. average $.12 Cost / kWh. With Independence LED’s 10 Year Warranty at 60,000 hours of life, common scenarios for 6,000 (16 hours / day) include parking facilities with “smart controls” such as occupancy sensors. The Independence LED performance is even better for 24/7 operations, which is common for so many structured parking or underground garages given the lighting for security. See Comparison Matrix 60W 44W 64W 120W 175W Metal Halide Induction Avg. Overseas Manufactured LED Fixture

Independence LED = Lowest Cost Lighting Solution + Most Efficient Technology and Strongest Warranty Tubes Troffer Retrofits Parking Garage Fixtures High Bay Fixtures 10 Years = $1, Years = $1, Total Cost of Ownership 10 Years = $3, See 2013 Best Lighting Retrofit Award 10 Years = $1, Compact Fluorescent 10 Years = $2, Avg. Overseas Manufactured LED Fixture BEST IN CLASS The calculations assume comparable directional lumens, foot candles, or lux for Metal Halide ( 175W) High Bay fixture as the existing installed default, and the U.S. average $.12 Cost / kWh. With Independence LED’s 10 Year Warranty at 60,000 hours of life, common scenarios for 6,000 (16 hours / day) include double shift factory, warehouse, or distribution centers as well as gymnasium and big box retailers. The Independence LED performance is even better for 24/7 operations, which is common for so many industrial and distribution facilities. See Comparison Matrix 150W 116W 168W 200W 450W Metal Halide (with Ballast) Induction