LEDdynamics and ilumisys announce partnership

TROY, USA: ilumisys Inc., developer and producer of next-generation solid-state lighting technology, has partnered with LEDdynamics Inc., based in Randolph, Vt. The partnership includes a license for Altair's patents on light-emitting diode (LED) fluorescent tube replacements.

"LEDdynamics is an established industry leader in solid-state lighting, and we look forward to working together to address the growing market demand for LED lighting solutions," said Dave Simon, president of ilumisys. "We are excited at the growth prospects for both organizations as ilumisys ramps up our Michigan-based manufacturing operations."

"This partnership offers a unique opportunity for both LEDdynamics and ilumisys to expand US manufacturing operations and leverage our combined engineering capabilities," said Dr. William McGrath, president and CTO of LEDdynamics. "We have been committed to 100 percent US manufacturing for over 10 years, and are excited to work with ilumisys going forward. We believe that this partnership will result in increased market share, and strengthen the ability of both companies to develop and manufacture the most innovative, high quality LED products and technologies available."

ilumisys, formed in 2007, is a spinoff of Altair, a global software and technology company that has a growing presence in the energy market. With the backing of Altair, its majority owner, ilumisys has a deep and substantial investment in research and development that includes more than 50 patent applications filed to date.