Ilumisys Grants IP Licenses For LED Flourescent Tube Replacements
Troy-based Ilumisys Inc. announced that it has granted a license for its patents on light-emitting diode 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 was formed in 2007 as a spinoff venture and wholly owned subsidiary of Altair Engineering Inc., a software and technology company. Its products are derived from Altair’s intellectual property for the direct replacement of fluorescent light tubes with LED lamps and direct replacement of incandescent lamps. The company has more than 50 patent applications to date.
More at www.ilumisys.com.
Ilumisys is a member of the Michigan Solid State Lighting Association, and supports the organization’s mission of ensuring that Michigan is a global leader in solid-state lighting research, development, and manufacturing.
(c) 2010, WWJ Newsradio 950. All rights reserved.