Ilumisys Grants License to LED Optics for LED Fluorescent Tube Replacements
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TROY — Ilumisys Inc., developer and producer of solid-state lighting technology, announced today that it has granted a license for light-emitting diode fluorescent tube replacements to LED Optics, a high-end manufacturer of replacement LED T8 tubes that is based in Boca Raton, Fla.
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.
“The LED marketplace is rapidly expanding, and it is becoming increasingly important that as an industry we work to ensure quality products are entering the marketplace,” said Adam Green, founder and president of LED Optics. “Nothing is more important to us than the quality and performance of our products, and this partnership with ilumisys is allowing us to further expand the portfolio of exceptional LED retrofit products available to our customers.”
In addition to manufacturing replacement LED T8 tubes, LED Optics also manufactures other high-end LED bulbs used in commercial applications.
Solid-state lighting technology has the potential to cut U.S. lighting energy usage by one-quarter and contribute significantly to the nation’s climate change solution, according to the U.S. Department of Energy. 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 industry is growing at a rapid pace, and ilumisys is working with companies across the country to help ensure the products going into the market are credible,” said Dave Simon, president of ilumisys. “Ilumisys is focusing its efforts on the company’s future manufacturing and expansion to ensure it will be able to meet the demands of the industry as it continues to grow.”
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 seven patents awarded and over 60 patents pending.