Mar 24 2010
ilumisys, Inc., developer and producer of next-generation solid-state lighting technology, announced today that it has partnered with Seesmart LED, a commercial LED lighting leader based in Simi Valley, Calif., and that the cooperative agreement includes a license for ilumisys' patents on light-emitting diode (LED) fluorescent tube replacements.
"Partnering with ilumisys gives us added ability to offer the very best of LED lighting technology to our customers," said Raymond Sjolseth, president of Seesmart LED. "Our mutual commitment to quality and ability to accommodate existing infrastructure will enable Seesmart LED and ilumisys to be at the center of the dynamic and rapidly growing LED industry."
The licensing agreement provides for royalty payments in exchange for rights to manufacture and sell products covered by Altair's patent portfolio.
"We are pleased to have Seesmart LED as a valued business partner offering quality, dependable and efficient LED light products at a variety of pricing value points," said Dave Simon, president of ilumisys. "ilumisys continues to focus on manufacturing and expansion efforts that will enable us to meet the increasing demand for LED lighting, and we sincerely look forward to helping the growth of Seesmart LED."