2010 Corporate Press Releases

May 12, 2010 Lumenera Corporation’s Greg Bell Named Top Forty Under Forty For 2010

VP Business Development recognized as one of Ottawa’s notable industry leaders

Ottawa, Ontario, Canada – May 12, 2010 – Lumenera Corporation, www.lumenera.com, a leading manufacturer and developer of high performance digital cameras and custom imaging solutions for surveillance, scientific and industrial markets, today announced that Mr. Greg Bell has been honoured by the Ottawa Business Journal (OBJ) as a recipient of the Forty Under 40 Awards for 2010.

The OBJ award recognizes forty notable industry leaders under the age of 40 who excel both in business and community-based ventures. A panel of executives have selected the most promising and exciting nominees based on business achievements, professional expertise, and community involvement.

In 2002 Mr. Bell bootstrapped Lumenera as a co-founder. In his tenure, Mr. Bell personally secured top-strategic accounts, executed defined sales strategies, and set up initial distribution throughout North America, Europe, Asia and Australia. Now responsible for corporate strategy and sales as VP Business Development, Mr. Bell has been instrumental in delivering continuous year-over-year revenue growth together with his leading team of sales professionals.

Mr. Bell’s efforts contributed to the Company receiving various honours including OCRI’s ‘Technology Company of the Year’, the silver award for ‘Exporter of the Year’ from the Greater Ottawa Chamber of Commerce, the OBJ’s ‘Fastest Growing Company’ and recognition as one of the ‘National Capital Region’s Top 25 Employers for 2010’.

Throughout his professional career Mr. Bell has held notable positions in the Ottawa region. Over the years he has been instrumental in: helping start-ups facing identity challenges; directing companies in their focus towards specific markets through marketing; securing large customer and private label business; and improving product gross margins.

Mr. Bell has dedicated hundreds of hours to community improvement as a big brother with Big Brothers Big Sisters of Canada and is also a major-gift contributor to the United Way/Centraide Ottawa.

“I am honoured to be selected among such an accomplished group.” stated Greg Bell, Lumenera Corporation. “I am fortunate to have such a fulfilling role within Lumenera and look forward to further developing my professional experience and giving back to the community.”

For more information on Mr. Greg Bell and Lumenera Corporation please visit www.lumenera.com.

About Lumenera
Lumenera Corporation, a division of Roper Industries, and headquartered in Ottawa, Canada, is a leading developer and manufacturer of high performance digital cameras and custom imaging solutions. Lumenera cameras are used worldwide in a diverse range of industrial, scientific and security applications.

Lumenera solutions provide unique combinations of speed, resolution and sensitivity in order to satisfy the most demanding digital imaging requirements. Lumenera customers achieve the benefit of superior price to performance ratios and faster time to market with the company's commitment to high quality, cost effective product solutions. For further information about Lumenera, please visit www.lumenera.com or call 613-736-4077. To receive Lumenera press releases as they are issued, contact us at accomplished marketing@lumenera.com.

Lumenera Announces Financial Results For The First Quarter Of 2010

Ottawa, Ontario, Canada – April 27, 2010 – Lumenera Corporation, www.lumenera.com, a leading manufacturer and developer of high performance digital cameras and custom imaging solutions for surveillance, scientific and industrial markets, today announced financial results for the first quarter ended March 31, 2010.

Lumenera is reporting a 15% quarter-over-quarter increase in revenue, and a 33% year-over-year growth in shipments. This success comes in spite of the macro-economic conditions of the past year. The company’s first quarter growth comes as a result of increased business with existing OEM customers and a surge in channel business across North America and Asia. Lumenera continued to deliver impressive business results, while helping customers meet imaging requirements through new product introductions, exceptional technical support, and an industry-leading product offering. Further demonstrating Lumenera’s culture of success is the honour of being selected as Ottawa’s Top 25 Employers for 2010.

“I am very pleased with Lumenera’s exceptional performance and our positive Q1 results.” said Huw Leahy, President, Lumenera Corporation. “By continuing to provide customers with the latest imaging technology and unparalleled customer support we expect a very promising 2010.”
For more information on Lumenera visit www.lumenera.com.

About Lumenera
Lumenera Corporation, a division of Roper Industries, and headquartered in Ottawa, Canada, is a leading developer and manufacturer of high performance digital cameras and custom imaging solutions. Lumenera cameras are used worldwide in a diverse range of industrial, scientific and security applications.

Lumenera solutions provide unique combinations of speed, resolution and sensitivity in order to satisfy the most demanding digital imaging requirements. Lumenera customers achieve the benefit of superior price to performance ratios and faster time to market with the company's commitment to high quality, cost effective product solutions. For further information about Lumenera, please visit www.lumenera.com or call 613-736-4077. To receive Lumenera press releases as they are issued, contact us at marketing@lumenera.com.

March 18, 2010: Lumenera Delivers Strong 7th Consecutive Year-Over-Year Financial Results for 2009

Ottawa, Ontario, Canada – March 18, 2010 – Lumenera Corporation, www.lumenera.com, a leading manufacturer and developer of high performance digital cameras and custom imaging solutions for surveillance, scientific and industrial markets, today announced the company closed the year with a 9.6 percent increase in year-over-year revenue and 11.8 percent in EBITDA.

For the 7th consecutive year Lumenera is reporting continued strong financial standings. Despite the year’s challenging economic climate, the company realized notable year-over-year growth through strategic execution of corporate objectives, a diverse customer base and new product introductions, including a Gigabit Ethernet (GigE) product line and a 16 megapixel industrial USB 2.0 camera. Exceptional technical support, an industry-leading product offering and outstanding customer service positioned Lumenera as a market leader for standard, custom and OEM digital cameras.

Furthering demonstrating Lumenera’s success this past year was being named one of Ottawa’s Top 25 Employers.

“We are extremely pleased with our strong fiscal year-end results and healthy financial position.” commented Huw Leahy, President, Lumenera Corporation. “Recurring revenue, a strong commitment to customer satisfaction, and our ability to fulfil the most unique imaging requirements close the year with promise for continued growth in 2010.”

For more information on Lumenera visit www.lumenera.com.

About Lumenera
Lumenera Corporation, a division of Roper Industries, and headquartered in Ottawa, Canada, is a leading developer and manufacturer of high performance digital cameras and custom imaging solutions. Lumenera cameras are used worldwide in a diverse range of industrial, scientific and security applications.

Lumenera solutions provide unique combinations of speed, resolution and sensitivity in order to satisfy the most demanding digital imaging requirements. Lumenera customers achieve the benefit of superior price to performance ratios and faster time to market with the company's commitment to high quality, cost effective product solutions. For further information about Lumenera, please visit www.lumenera.com or call 613-736-4077. To receive Lumenera press releases as they are issued, contact us at marketing@lumenera.com.

February 8, 2010: Lumenera Welcomes Industry Veteran Scott W. Law As Director Of Worldwide Sales

Ottawa, Ontario, Canada – February 8, 2010 – Lumenera Corporation, www.lumenera.com, a leading manufacturer and developer of high performance digital cameras and custom imaging solutions for surveillance, scientific and industrial markets, is pleased to announce the addition of Mr. Scott Law to its sales force.

Joining Lumenera as Director of Worldwide Sales for security markets, Scott brings over 20 years experience in sales/business development, operations, and engineering leadership. Prior to Lumenera, Mr. Law held prominent positions as Director of Advanced Programs and Vice President of Technical Operations at a video security organization where he was responsible for key initiatives including managing large teams across various continents and overseeing major contracts of great value.

Mr. Law holds a Bachelor of Science degree from the Rochester Institute of Technology with a major in Electrical Engineering, a certificate in Lean Manufacturing and Master Training from the University of Kentucky, and an Executive MBA from the Kellogg School of Executive Management at Northwestern University.

“We are pleased to welcome Scott to Lumenera’s sales team and look forward to benefiting from his leadership and broad sales and technical background within our surveillance sector.” said Greg Bell, Vice President of Business Development. “Lumenera has been expanding its sales team worldwide and Scott will be instrumental in leading the charge for our next phase of growth and innovation in the security market.”

“I look forward to this new challenge and opportunity,” stated Mr. Law, Director of Worldwide Sales, “expanding Lumenera’s current position in the security market and providing our customers with first-class products and support.” Mr. Law’s extensive knowledge of sensor technology, video analytics and key markets will greatly contribute to Lumenera’s surveillance team, where he will be responsible for developing and managing the worldwide sales channel and distribution network.

About Lumenera
Lumenera Corporation, a division of Roper Industries, and headquartered in Ottawa, Canada, is a leading developer and manufacturer of high performance digital cameras and custom imaging solutions. Lumenera cameras are used worldwide in a diverse range of industrial, scientific and security applications.

Lumenera solutions provide unique combinations of speed, resolution and sensitivity in order to satisfy the most demanding digital imaging requirements. Lumenera customers achieve the benefit of superior price to performance ratios and faster time to market with the company's commitment to high quality, cost effective product solutions. For further information about Lumenera, please visit www.lumenera.com or call 613-736-4077. To receive Lumenera press releases as they are issued, contact us at marketing@lumenera.com.