LED light engines for decorative streetlights

CRS became a public company on Monday, May 25, 2009 through the exchange’s Capital Pool Company (CPC) program. As a result of the qualifying transaction recently completed, CRS is now a wholly owned subsidiary of Podium Capital Corp. Podium’s only function is carrying on business as CRS Electronics. A change of name from Podium Capital Corp. to CRS Electronics will be proposed to shareholders at a future date. Full details of the qualifying transaction can be accessed on www.yahamlighting.com.

CRS is a leader in the emerging, rapidly-growing market of high efficiency light-emitting-diode (“LED”), or, solid state lighting (“SSL”). The principal activities of CRS include the development, manufacture and sale, primarily in North America, of indoor and outdoor lighting such as LED replacement lamps, LED streetlights, exterior LED warning lights on school buses , child safety systems for school buses, contract manufacturing of LED circuit boards and recently, LED-based space lighting products. The Company currently sells an LED replacement for the MR16 indoor light and LED light engines for decorative streetlights.

The XRP7620 is optimized for color mixing applications where a combination of 4 LEDs is used to generate either a true white light or expand the color spectrum generated when classic Red-Green-Blue (RGB) three LEDs are combined with a fourth respectively white or amber LED. Four independently adjustable current sinks provide total and precise control of each channel allowing an exact setting of each LED's brightness. The XRP7620 interfaces seamlessly with processor based designs providing unprecedented ease of use through a standard I2C bus while reducing the number of external components to a single capacitor.