Pegasus Associates Lighting Receives Fastest-Growing Company Honor Second Year in a Row

BEAVER FALLS, PA–(EMWNews – August 25, 2008) – For the second consecutive year, the

Pittsburgh Business Times has recognized Pegasus Associates Lighting as one

of the fastest-growing companies in the Pittsburgh, PA region. The “2008

Pittsburgh 100” honor was presented to the company at an awards ceremony

and banquet at the Duquesne Club, located in downtown Pittsburgh, on

Thursday, August 21, 2008.

Each year the Pittsburgh Business Times ranks the top 100 fastest-growing,

privately held companies located in the Pittsburgh area based on the

previous three-year sales growth. During the 2005 to 2007 period, Pegasus

Associates Lighting realized a 55% growth in revenue and a 65% growth in

employment. To qualify for the 2008 top 100 ranking, a company must be a

locally owned, for-profit business with net revenue in 2005 of $500,000 or

more.

Dr. Thomas Farin, President and Founder, attributes the remarkable growth

of his business to the confluence of several factors that include the

continuing growth of the Internet, the optimum use of technology, including

voice-over-IP telephones and high-speed internet access, and, most

importantly, the company’s hard-working, dedicated employees. Dr. Farin

said, “A key shopping feature at Pegasus Associates Lighting is the goal to

provide each customer and web site visitor with outstanding customer

service that they won’t soon forget. Our employees make sure that this

happens, and without them we would have never received this honor in any

year, let alone two years in a row. I couldn’t be more proud of each one

of them.”

About Pegasus Associates Lighting

Founded in 1993, Pegasus Associates Lighting is a lighting distributor with

a strong internet presence selling “unique lighting products for your

special needs.” The company, based near Pittsburgh in Beaver Falls, PA,

attracts both individual and corporate shoppers who value a learning

experience in lighting, competitive pricing, and an easy-to-use, intuitive

web site. For more information, visit www.PegasusAssociates.com.