20.06.2006 14:37:00
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Dialight plc: Licensing Agreement Signed with Color Kinetics; Dialight Subsidiary licenses Color Kinetics' patent portfolio to advance market adoption of LED color mixing technology
Dialight Corporation specialises in the application of LED-basedlighting technology and has a broad range of expertise that enablesits OEM partners to develop complete LED-based lighting solutions.Through its agreement with Color Kinetics, Dialight Corporation willnow be able to offer its partners the unique features that are coveredby Color Kinetics' patents - complementing Dialight's ownSpectraMix(R) control system and associated intellectual property.
Roy Burton, Group Chief Executive of Dialight said:
"Following the acquisition of Lumidrives by Dialight plc inJanuary 2006, to take us into the European solid-state lightingmarket, we view the Dialight Corporation agreement with Color Kineticsas an important next step in driving forward our initiatives in theNorth American market for Solid State Lighting in architectural,entertainment and general lighting applications. We also believe thisagreement will be a major factor in stimulating the adoption of LEDtechnology by our OEM lighting fixture partners."
Bill Sims, President and CEO of Color Kinetics added:
"We're very pleased to support Dialight Corporation in its plansto enter new markets with intelligent LED lighting offerings. Webelieve there are many market opportunities for this technology thatwill continue to grow through third-party product development. Ourmission, in part, is to fuel that growth through licensingrelationships built on our strong intellectual property."
Notes To Editors:
About Dialight plc
Dialight plc (FTSE:DIA.L) is one of the world's largest suppliersin the field of Applied LED Technology. It operates in two principalsegments: Components where low brightness LEDs are used for statusindication in electronic equipment; and Signals/Illumination whichutilises the latest high brightness LED technology for Traffic andRail Signals, Obstruction Lighting, Hazardous Location Lighting andfor developing applications in more general illumination markets,including architectural and entertainment uses. Dialight plc hasoperations in The United Kingdom, Germany, the United States andMexico. More information is available at: www.dialight.com.
About Color Kinetics
Color Kinetics Incorporated (NASDAQ:CLRK) transforms environmentsthrough new, dynamic uses of light. Its award-winning lighting systemsand technologies apply the benefits of LEDs as a highly efficient,long lasting, environmentally friendly, and inherently digital sourceof illumination - reinventing light itself as a highly controllablemedium. Color Kinetics also enables widespread adoption of LEDlighting through OEM and licensing partnerships in diverse markets.The company is headquartered in Boston, MA with offices in the UK,China, and Japan. More information is available at:www.colorkinetics.com.
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