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Fiberstars announces stretagic partnership

Advanced Lighting Technologies Inc. of Twinsburg, OH, has acquired an equity interest in fiber-optic lighting systems maker Fiberstars Inc. of Fremont, CA. The equity position of Advanced Lighting Technologies totals approximately 18% of Fiberstars' shares outstanding, which were formerly held by Pacific Technology Partners, a venture capital fund. Wayne R. Hellman, chairman and CEO of Advanced Lighting Technologies, has joined the Fiberstars board of directors.

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