Clean Light Green Light and Evergreen LED Receive Intellectual Property Licenses from ilumisys for LED Fluorescent Tube Replacements
ilumisys and parent company Altair Engineering grant patent license to advance LED marketplace
TROY, Mich. – March 2, 2010 – ilumisys, Inc. (www.ilumisys.com), developer and producer of next-generation solid-state lighting technology, announced today that it has granted a license for its patents on light-emitting diode (LED) fluorescent tube replacements to Clean Light Green Light, based in Mt. Clemens, Mich. and Evergreen LED, based in Westmoreland, N.H.
The licensing agreement provides for royalty payments in exchange for rights to manufacture and sell products covered by Altair’s patent portfolio.
“Being a licensee complements our commitment to offering our customers high quality LED lighting technology while opening up a true partnership with ilumisys relative to its intellectual property,” says David McKinney, CEO of Clean Light Green Light. “The LED industry is growing at a rapid pace, and we are fortunate to be at the center of this dynamic industry in Michigan.”
Clean Light Green Light was recently the LED lighting supplier to Marvel Food and Deli, the first commercial new construction project to be outfitted exclusively with LEDs in the U.S. Located in Auburn, Wash., Marvel Food and Deli’s 16,000 square foot building utilized LED lighting for both interior and exterior applications.
“The quality of lighting delivered compared to the energy use is very impressive, and the performance of the Clean Light Green Light products has been beyond my expectations,” said Javad Maadanian, president of Collaborative Constructions Consulting who served as the energy consultant for the project. “Marvel Food and Deli utilizes LEDs for nearly 100 percent of its interior and exterior lighting and should be considered as a model for similar applications.”
Since the price and performance of LED fluorescent tube replacement products vary, the ilumisys licensing program allows companies to offer a range of products to the market. By providing licensees access to its expanding patent portfolio, ilumisys believes that both LED product development and installation pace will continue to accelerate.
“As our patent licensee program continues to grow, more companies will be able to offer quality, dependable and efficient LED lighting products,” said Dave Simon, president of ilumisys. “The program allows ilumisys to focus on manufacturing and expansion efforts that will enable us to meet the increasing demand for LED technology.”
ilumisys, formed in 2007, is a spinoff of Altair, a global software and technology company with a growing presence in the energy market. With the backing of Altair, its majority owner, ilumisys has made a deep and substantial investment in research and development that includes more than 30 patent applications filed to date.
Clean Light Green Light
Clean Light Green Light (CLGL) develops, manufactures, and sells commercially viable LED lighting designed to retrofit into existing infrastructure as well as new construction. Started ten years ago, CLGL is a pioneer in the advancement of solid-state lighting and is committed to producing cost effective, top quality lighting solutions that provide significant energy and fiscal savings while reducing the carbon footprint. CLGL is headquartered in Mount Clemens, Michigan and engages in global trade. To find out more, please visit www.cleanlightgreenlight.com.
ilumisys, Inc. is a Troy, Mich.-based company focused on next-generation solid-state lighting technology. The company was formed in 2007 as a spinoff venture and wholly owned subsidiary of Altair Engineering, Inc. 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. For more information, please visit www.ilumisys.com.
Altair empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of information. Privately held, with more than 1,300 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a more than 20-year-plus track record of profitable growth and innovation, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.