BEAVER FALLS, PA, August 24, 2007 — The Pittsburgh Business Times recognized Pegasus Associates Lighting, based in Beaver Falls, Pennsylvania, as one of the “2007 Pittsburgh 100,” its ranking of our area’s fastest-growing, privately held companies. Rankings on the list were based on the rate of growth from 2004 through 2006. Honored at an awards program at the prestigious Duquesne Club in downtown Pittsburgh on August 23, Pegasus was ranked No. 64 on the list of 100 for revenue growth (62.3%), and tied for No. 3 on the list for employment growth (500%). To qualify, companies must be locally owned, for-profit businesses, with net revenue in 2004 of $500,000 or more.