Vu1 Corporation. announced that the company received a letter of resignation from William B. Smith. The letter was effective immediately.

Mr. Smith served as a member of the company's board of directors since November 5, 2010, as non-executive chairman of the board since January 20, 2011 and as executive chairman and president since May 23, 2012 and as chief executive officer since June 11, 2012. The board of directors is actively seeking a replacement for the positions of chairman and chief executive officer.