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Press Release
Juno Lighting Announces New Chief Executive Officer
 



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Des Plaines, Illinois - May 10, 2000

Juno Lighting, Inc. (Nasdaq: JUNO) announced today that Thomas “Tracy” Bilbrough has joined the Company as President, Chief Executive Officer and a member of the Board of Directors. Mr. Bilbrough was most recently with Thomas and Betts as the President of the Commercial Division, Electrical Components Group. Prior to that, he spent nineteen years with Black and Decker where his positions included President of the Eastern Hemisphere and Vice President, Sales and Marketing of the DeWalt Division. Glenn Bordfeld, as President of the Juno Lighting division, will report to Mr. Bilbrough.

Bob Jaunich, Juno’s Chairman, said “we are delighted that Tracy is joining the Company. He combines outstanding leadership and management ability with a wealth of experience in the electrical products industry. Tracy has a proven track record of driving growth by building brands, developing new products and providing a high level of service to customers. We look forward to him making a very positive contribution to Juno’s business.”

Safe Harbor for Forward-Looking Statements under the Securities Litigation Reform Act of 1995 — This press release contains forward-looking statements and information that are based on management’s beliefs as well as assumptions made by and information currently available to management, including statements regarding Mr. Bilbrough’s potential contributions. Such statements are subject to various risks and uncertainties which could cause actual results to vary materially from those stated. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, expected or projected. Certain other risks and uncertainties are described in detail in the Company’s periodic filings pursuant the Securities Exchange Act of 1934. The Company undertakes no obligation to update any such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events or developments.

Juno Lighting, Inc. is a specialist in the design, manufacturing, and marketing of lighting fixtures for commercial and residential use.