SOLON, Ohio, Fiberstars, Inc.
Such forward-looking statements include statements regarding the business
outlook for EFO systems with Cloverleaf optics, and the benefits and customer
expansion potential involving EFO.

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As compared
to the Navy's current fluorescent fixtures (typically 50 Watts), Fiberstars
metal halide HEDLight systems provide the same level of directed light (more
light on task) for half the power. For more information about
potential factors , which could affect Fiberstars financial results, please
refer to Fiberstars' SEC reports, including its Annual Report on Form 10-K for
the year ended December 31, 2005, and its quarterly reports on Form 10-Q.
These forward-looking statements speak only as of the date hereof. One EFO ICE lamp lights
three cases, and the lamps are not located inside the cases, helping reduce
maintenance costs to change lamps.

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Fiberstars products are designed, manufactured and marketed in the commercial
lighting , sign and swimming pool and spa markets. The Company has additional offices in Pleasanton, CA, New York City,
England and Germany.
Such forward-looking statements include statements regarding the future
benefits of the DARPA Navy ship lighting contract, goals and business outlook
for 2006 and thereafter , the expected growth of expected product development
and introductions, expected overall sales growth and profitability, and
expected benefits of DARPA, Department of Energy and other R+D work. Typically one 70 watt EFO lamp can reduce energy
consumption by more than 80% when compared to incandescent or halogen
solutions.S.

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Fiberstars EFO ICE(TM) (illuminating cold environments)
freezer case lighting system is the latest lighting application developed from
research funded by DARPA.fiberstars . This
raises accent down lighting to a new level in efficiency, and also increases
the efficiency of our fluorescent tube-like luminaires designed for Navy ships
and refrigerated cases at retail .S., the potential reduction of energy
consumption would be 50 Billion kilowatt hours which would lead to 5 million
fewer tons of coal burned each year, and result in far less greenhouse gases
being created.com .

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It is the perfect solution for shipboard lighting as it removes
voltage, glass and hazardous materials from the direct workspace. Typical halogen and incandescent
down lights deliver 7 to 15 lumens per watt.
"This is more than a 15% improvement in Fiberstars EFO efficiency," said
Roger Buelow, Fiberstars CTO, "and is an example of Fiberstars' continuing
commitment to develop and perfect energy efficient lighting systems.
Fiberstars estimates that, in a typical supermarket , as much as 80,000
kilowatt hours of energy will be saved annually by converting freezer case
lighting from fluorescent to EFO ICE. Fiberstars' EFO system, introduced in 2004,
offers energy savings, heat dissipation and maintenance cost benefits over
conventional lighting for multiple applications. and world
economy and its effects on Fiberstars' markets, failure to develop marketable
products from new technologies, failure of EFO or other new products to meet
performance expectations, unanticipated costs of integrating acquisitions into
the Fiberstars operation, delays in manufacturing of products , increased
competition, other adverse sales and distribution factors and greater than
anticipated costs and/or warranty expenses.

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Fiberstars Inc. Awarded $2.1 Million to Install Lighting on Navy Ships

Davenport, CEO,
announced today that Fiberstars, Inc.
This is the culmination of a DARPA 's high efficiency distributed lighting
(HEDLight) program -- the installations will be temporary and will allow DARPA
and the Navy to evaluate the new lighting technology.
John M.
Investors are cautioned that all forward-looking statements involve risks and
uncertainties.
The Cloverleaf (TM) optical coupler in Fiberstars EFO down lighting systems
is believed to result in the most energy efficient recessed accent lighting
solution available.

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"
Fiberstars systems offer reduced maintenance , improved safety and
space-savings. Company headquarters are located at 32000 Aurora Road, Solon ,
Ohio.com.

Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.S. Fiberstars EFO also substantially lowers maintenance costs.

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"
The Cloverleaf(TM) optical coupler, when used in Fiberstars ' new EFO-
ICE(TM) system which lights frozen food cases in supermarkets, will generate
efficiency gains over standard and high output fluorescent lighting.

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Fiberstars
disclaims any intention or obligation to update or revise any forward-looking
statements.
(Nasdaq: FBST) today announced the award of a patent for its new
Cloverleaf(TM) optical coupler that raises the efficiency of the Fiberstars
EFO lighting system to 50 lumens per watt.

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The Cloverleaf optical coupler was designed
with the assistance of Optical Research Laboratory, the company that worked on
fixing the optics of the Hubble telescope, under a research project award from
DARPA (Defense Advanced Research Programs Agency).
Fiberstars EFO can also help customers achieve LEED energy efficiency
certifications and meet ASHRAE/IESNA 90. If Fiberstars EFO
lighting were installed throughout the U.

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Initially funded in
2003, HEDLight mandated development, based on Fiberstars' EFO(R), of a highly
efficient lighting system, which would decrease maintenance costs and increase
reliability of shipboard lighting .

About Fiberstars
Fiberstars designs, develops, manufactures and markets fiber optic
lighting systems for wide-ranging uses in both the general commercial and the
pool and spa lighting markets.
These forward-looking statements speak only as of the date hereof.

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As a direct result of its DARPA funded projects, Fiberstars has
successfully developed and launched several products in the commercial
lighting market.
Approximately 30% of electricity consumed in US buildings is used for lighting
with most existing bulbs creating more heat than light.

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(Nasdaq: FBST) has received $2. We expect to begin recognizing revenue in the
second quarter with milestone payments to be completed within 18 months. Additionally, EFO ICE improves the
lighting within freezer cases, with a bright white color and an evenly
distributed light pattern.

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About Fiberstars
Fiberstars is the world's leading supplier of fiber optic lighting.

Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ
materially from the results predicted.

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1
million in funding from DARPA to develop and install high efficiency
distributed lighting (HEDLight ) systems on three U. Once installed, 9-month
sea trials will commence which are expected to demonstrate HEDLight's benefits
of lower maintenance costs, increased lifetime, efficiency and safety, and
improved lighting. Actual results may differ materially from the results
predicted. It is expected to be more reliable than fluorescent
lamps, which often have problems in cold environments. 2,000 to 3,000 for incandescent lamps.

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For the Navy's 10 Watt berth lights, state
of the art LEDs will be used for the first time in efficient fiber optics
systems to provide a robust, efficient replacement. Customers include fast food restaurant chains, theme parks and
casinos, hotels, retail stores, swimming pool builders, spa manufacturers and
many others.

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Fiberstars has 41 patents on its technologies for fiber
optic lighting. and world economy and its effects on
Fiberstars' markets, failure to develop marketable products from new
technologies, failure of EFO or other new products to meet performance
expectations , unanticipated costs of integrating acquisitions into the
Fiberstars operation, delays in manufacturing of products, increased
competition, other adverse sales and distribution factors and greater than
anticipated costs and/or warranty expenses. For more information about
potential factors which could affect Fiberstars financial results, please
refer to Fiberstars' SEC reports, including its Annual Report on Form 10-K for
the year ended December 31, 2005, and its quarterly reports on Form 10-Q.

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SOLON, Ohio, John M. It
manages and directs selected basic and applied research and development
projects for DoD, and pursues research and technology where risk and payoff
are both very high and where success may provide dramatic advances for
traditional military roles and missions. Davenport expressed that, "Successfully completing the HEDLight
program and moving into an installation stage on Navy ships is an exciting
accomplishment for Fiberstars and for Fiberstars EFO.
The Cloverleaf optic, shaped like a three or four leaf clover, increases
the coupling efficiency of light exiting the EFO illuminator and entering the
EFO large core optical fibers. The Company has additional
offices in California, New York City, England and Germany. Fiberstars
disclaims any intention or obligation to update or revise any forward-looking
statements.

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Navy ships, a destroyer,
an LHS amphibious ship and one other ship.
According to the contract, Fiberstars will install HEDLight systems in
engineering control rooms, hangar bays, berths, welldecks and weatherdeck
locations of the three ships. Fiber optic lighting
provides aesthetic, safety, energy savings and maintenance cost benefits over
conventional lighting.

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The Defense Advanced Research Projects Agency (DARPA ) is the central
research and development organization for the Department of Defense (DoD). One
EFO lamp replaces up to eight halogen downlights and EFO light sources can
last up to 12,000 hours vs ., Solon, Ohio. Investors are cautioned that all forward-
looking statements involve risks and uncertainties .

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We are looking forward
to this new challenge and the benefits our systems will bring to the Navy and
our commercial customers.

Fiberstars Inc. Awarded New Patent that Improves EFO(R) Energy Efficient Lighting to 50 Lumens Per Watt

1 regulations restricting watts per
square foot in commercial buildings without sacrificing light levels. The Company's headquarters
are located at 32000 Aurora Rd. Web site: http://www.

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This is a perfect example of a successful
public/private partnership culminating in a technology that works for the
Department of Defense and may revolutionize the lighting used by the grocery
industry. Web site: http://www. And
because EFO ICE generates no heat in the freezer case, the energy load
requirements to keep the case cold are reduced, saving additional energy . Telephone:
440-715-1300.fiberstars. Risk factors that could affect the
Company's future include , but are not limited to, the slowing U.

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S. The current fluorescent and incandescent
lighting will be replaced by HEDLight systems, which employ highly efficient
metal halide high intensity discharge (HID) and light emitting diode (LED)
sources that are efficiently coupled to large core plastic optical fiber
and / or linear acrylic rods for distribution. Risk factors that could affect the Company's future include, but
are not limited to, a slowing of the U.