CLEVELAND, OH

Advanced Lighting Technologies, Inc. announced signing a letter of intent to sell certain assets of, and the fiber optic technology developed by, its Unison joint venture to Fiberstars, Inc. in exchange for penny-warrants to acquire 1 million shares of FBST common stock.

The vesting of these warrants will be subject to FBST common shares attaining certain market prices in the future and to Fiberstars attaining sales levels of certain products arising from Unison technology.

The transaction will expand the two companies' strategic partnering relationship in a manner that should advance the growth of both fiber optic lighting and Fiberstars. As part of the arrangement, ADLT will become a primary supplier of lamps, systems, and ongoing technology to Fiberstars.