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LED project.... NEED HELP!

I'm looking to make my own LiteRing. I was wondering if anyone had any ideas or tips or more importantly, how I should assembly the LED circuit and which LEDs would be best to use. (preferable for a 160 candella output with the 48 LEDs)

The links below describes the LiteRing and the pdf has the specs and instructions.

LiteRing website

LiteRing pdf w/ specs

Thanks!

NOTE: this thing sells online for over $1k!

Picture of LED project.... NEED HELP!
LiteRing1.jpg
LiteRing2.jpg
F0YND85F8QL21A7.MEDIUM copy.jpg