QD Vision Gears for Growth, Adds Lighting and Display Industry Veterans to Management Team

Business Wire, June 24, 2009

WATERTOWN, Mass. -- QD Vision (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, today announced the addition of Frank Hillery, VP, Finance, and Matt Mazzuchi, VP, Market and Business Development to the company’s management team.

Hillery and Mazzuchi have extensive experience in advanced lighting and displays. Prior to joining QD Vision, Hillery was VP, Finance at Color Kinetics, where he played a key role in both the company’s initial public offering and $790 million sale to Philips. Mazzuchi joins QD Vision from Luminus Devices, where most recently he was General Manager and Vice President, Sales for the display business group, and led the commercialization effort for LEDs in display systems.

“Frank and Matt bring critical experience to QD Vision as we deliver to market our first products in solid-state lighting,” said Dr. Dan Button, President and CEO of QD Vision. “Both played key roles at technology-leading companies in the lighting and display industry and we look forward to them helping drive QD Vision’s growth.”

Hillery has also held financial management roles at other high-growth technology companies and was a Senior Audit Manager at Deloitte & Touche LLP. Mazzuchi’s experience includes VP, Sales at Luxim Corporation, as well as a senior level product line manager at the OCLI Products division of JDSU. Mazzuchi has had extensive experience in Asia building long term commercial relationships, and securing design wins in the consumer electronics and display industries.

QD Vision recently announced its first product with Nexxus Lighting, an LED lamp that integrates a Quantum Light™ optic with cool white LED’s to produce color-rich, true- incandescent, warm white light. The lamp is expected to be three times more efficient and last up to 25 times longer than comparable halogen lighting alternatives.

About QD Vision, Inc.

QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.