Ilumisys Grants License to Lumenor Energy Services
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The Troy solid-state lighting developer and producer Ilumisys Inc., said Wednesday it has granted a license for light-emitting diode fluorescent tube replacements to Lumenor Energy Services, a lighting retrofit company based in Bay Harbor Island, Fla.
“This partnership will allow us to expand our portfolio of LED retrofit products and continue to provide our customers the best options in the industry,” said David Matten, Lumenor managing partner. “Our mutual commitment to retrofitting existing infrastructure to be more energy efficient through the use of quality LED products will enable Lumenor and Ilumisys to be at the center of the rapidly growing LED industry.”
Lumenor focuses primarily on lighting upgrades through LED retrofits. Its lighting systmes increase efficiency and deliver financial savings to commercial, residential, hospitality, health care, industrial and retail buildings.
The licensing agreement provides for royalty payments in exchange for rights to manufacture and sell products covered by the patent portfolio of ilumisys’ parent company, Altair Engineering Inc.
By providing licensees access to its expanding patent portfolio, Ilumisys believes that the pace of both LED product development and installation will continue to accelerate.
“The LED marketplace is positioned for tremendous growth, and our goal with the licensee program is to support the industry by helping credible companies, like Lumenor, offer a wide range of LED products,” said Dave Simon, president of ilumisys. “ilumisys is strongly focusing on manufacturing and expansion efforts to ensure it will be able to meet the needs of the industry in partnership with a number of companies.”
Ilumisys, formed in 2007, is a spinoff of Altair, a software and engineering 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 30 patent applications filed to date.