“We are honored to be recognized by Bloomberg New Energy Finance and the Edison Awards for our revolutionary technology,” said Dave Leonard, CEO and Co-Founder of Redwood Systems. “Redwood Systems’ LED lighting control and building intelligence network is the industry’s only solution that fundamentally changes the way we wire, power and intelligently control commercial lighting. This recognition further validates our approach and shines a spotlight on innovative technologies – both ours and those of the other esteemed winners – which are helping drive the clean technology revolution.”

Redwood Systems, a leader in networked LED lighting controls and building intelligence, today announced it has been chosen as a 2011 New Energy Pioneer by Bloomberg New Energy Finance, as well as won a 2011 Edison Best New Products Award. The wins provide further validation of Redwood’s innovative technology and arrive at a time when the company is achieving significant adoption of its products.

“We are honored to be recognized by Bloomberg New Energy Finance and the Edison Awards for our revolutionary technology,” said Dave Leonard, CEO and Co-Founder of Redwood Systems. “Redwood Systems’ LED lighting control and building intelligence network is the industry’s only solution that fundamentally changes the way we wire, power and intelligently control commercial lighting. This recognition further validates our approach and shines a spotlight on innovative technologies – both ours and those of the other esteemed winners – which are helping drive the clean technology revolution.”

In its second year, the Bloomberg New Energy Finance Pioneers program identifies companies from across the world that are making significant gains in the field of clean technology and innovation. A panel of industry experts, led by Bloomberg New Energy Finance technology specialists, chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.

This year’s winners represent a broad range of industries including bioenergy, energy smart technologies, water and solar. Each of the New Energy Pioneers has worked to develop unique technologies and has demonstrated the potential for these technologies to be competitive in the marketplace and implemented on a large scale.

"The panel chose these companies because we feel they have the potential to change the energy landscape in a very significant way," said Michael Liebreich, Summit chairman and head of Bloomberg New Energy Finance. "In this fast-evolving sector, the Pioneers could play a major role in the world's transition to a lower carbon energy system."

Redwood Systems won a 2011 Edison Best New Products Award for its patent-pending Redwood Engine technology. Edison Awards are world renowned for recognizing and honoring innovation and excellence in the development, marketing and launch of new products and services, and this year’s edition honors those technologies that came to market in 2010.

The Edison Awards have been referred to as America’s innovation awards, taking the time-tested characteristics of innovation from earlier visionaries and writing a new chapter in American innovation history. New products and services are the lifeline to the American economy, and the Edison Awards have recognized and honored some of the most cutting-edge products, services and business leaders in the world.

About Redwood Systems
Redwood Systems provides the industry’s only LED lighting control and building intelligence platform proven to deliver both ongoing energy savings and workspace productivity enhancements. Using patent-pending networking technology, Redwood has developed a unique and cost effective way to power and control lights using high density sensors with a flexible, scalable, open platform. With a growing roster of market- leading customers and partners, Redwood is building a reputation for customer success. For more information, visit http://www.redwoodsystems.com/.

About New Energy Finance
Bloomberg New Energy Finance is the world’s leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, carbon capture and storage, and nuclear power. The group has staff of more than 180, based in London, Washington D.C., New York, Beijing, New Delhi, Hyderabad, Cape Town, São Paulo, Singapore, and Sydney.

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