TROY, USA: ilumisys Inc., developer and producer of next-generation solid-state lighting technology, has granted a license for its patents on light-emitting diode (LED) fluorescent tube replacements to ATG Electronics, Diogen Lighting, Hudnut, LEDtronics, LumaSmart and NCS Power Inc.
The ilumisys licensing program allows companies to offer LED fluorescent tube replacement products to the market at a range of price and performance points. By providing licensees access to its expanding patent portfolio, ilumisys believes that both LED product development and installation pace will continue to accelerate.
The licensing agreements provide for royalty payments in exchange for rights to manufacture and sell products covered by Altair Engineering's patent portfolio.
"Our goal with the licensee program is to support the industry by enabling credible LED companies to offer quality, dependable and efficient LED products," said Dave Simon, president of ilumisys. "The program promotes collaboration in the industry and supports a rapidly expanding marketplace."
ilumisys is a spinoff of Altair, a global software and technology company with a growing presence in the energy market. With the backing of Altair, its majority owner, ilumisys has made a deep and substantial investment in research and development that includes more than 50 patent applications filed to date.
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