Color Kinetics Announces Initial IPO Pricing

Color Kinetics Incorporated (Nasdaq: CLRK) today announced the pricing of its initial public offering of 4,000,000 shares of its common stock at $10 per share. All of the shares are being offered by Color Kinetics. Color Kinetics' common stock is expected to begin trading on the Nasdaq National Market on June 22, 2004 under the symbol "CLRK."

The managing underwriters of the offering are CIBC World Markets Corp. and Needham & Company, Inc., acting as joint lead managers, Friedman,

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