Business
Licensing Agreement
Licensing Agreement.
About this update from Dialight Plc
[{"type":"text","content":"\n Dialight PLC\n20 June 2006\n\nDate: Immediate release, Tuesday 20 June 2006\n\n\n\nContacts: Roy Burton - Group Chief Executive\n Cathy Buckley - Finance Director\n Dialight plc\n Tel: +44 (0) 1480 447490\n\n\n\n Alistair Mackinnon-Musson\n Nicola Savage\n Hudson Sandler (PR to Dialight plc)\n Tel: +44 (0) 20 7796 4133\n Email: [email protected]\n\n\n DIALIGHT PLC\n\n\n LICENSING AGREEMENT SIGNED WITH COLOR KINETICS\n\n\n\nDialight Subsidiary licenses Color Kinetics' patent portfolio to advance market\n adoption of LED color mixing technology\n\n\nDialight plc (FTSE: DIA.L) the UK listed leader in Applied LED Technology today\nannounces that its US subsidiary, Dialight Corporation, will license Color\nKinetics' worldwide patent portfolio to support the accelerated development of\nDialight's LED application initiatives in the architectural, entertainment and\ngeneral illumination markets. The worldwide licence applies to sales in all\nmarkets covered by Color Kinetics' patent portfolio. The agreement also provides\nColor Kinetics with access to Dialight's patents as they may relate to\nenhancements to Color Kinetics' technology.\n\n\n\nDialight Corporation specialises in the application of LED-based lighting\ntechnology and has a broad range of expertise that enables its OEM partners to\ndevelop complete LED-based lighting solutions. Through its agreement with Color\nKinetics, Dialight Corporation will now be able to offer its partners the unique\nfeatures that are covered by Color Kinetics' patents - complementing Dialight's\nown SpectraMix(R) control system and associated intellectual property.\n\n\n\nRoy Burton, Group Chief Executive of Dialight said:\n\n\n\n'Following the acquisition of Lumidrives by Dialight plc in January 2006, to\ntake us into the European solid-state lighting market, we view the Dialight\nCorporation agreement with Color Kinetics as an important next step in driving\nforward our initiatives in the North American market for Solid State Lighting in\narchitectural, entertainment and general lighting applications. We also believe\nthis agreement will be a major factor in stimulating the adoption of LED\ntechnology by our OEM lighting fixture partners.'\n\n\n\nBill Sims, President and CEO of Color Kinetics added:\n\n\n\n'We're very pleased to support Dialight Corporation in its plans to enter new\nmarkets w...