20th Jun 2006 10:14
Dialight PLC20 June 2006 Date: Immediate release, Tuesday 20 June 2006 Contacts: Roy Burton - Group Chief Executive Cathy Buckley - Finance Director Dialight plc Tel: +44 (0) 1480 447490 Alistair Mackinnon-Musson Nicola Savage Hudson Sandler (PR to Dialight plc) Tel: +44 (0) 20 7796 4133 Email: [email protected] 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 plc (FTSE: DIA.L) the UK listed leader in Applied LED Technology todayannounces that its US subsidiary, Dialight Corporation, will license ColorKinetics' worldwide patent portfolio to support the accelerated development ofDialight's LED application initiatives in the architectural, entertainment andgeneral illumination markets. The worldwide licence applies to sales in allmarkets covered by Color Kinetics' patent portfolio. The agreement also providesColor Kinetics with access to Dialight's patents as they may relate toenhancements to Color Kinetics' technology. Dialight Corporation specialises in the application of LED-based lightingtechnology and has a broad range of expertise that enables its OEM partners todevelop complete LED-based lighting solutions. Through its agreement with ColorKinetics, Dialight Corporation will now be able to offer its partners the uniquefeatures that are covered by Color Kinetics' patents - complementing Dialight'sown SpectraMix(R) control system and associated intellectual property. Roy Burton, Group Chief Executive of Dialight said: "Following the acquisition of Lumidrives by Dialight plc in January 2006, totake us into the European solid-state lighting market, we view the DialightCorporation agreement with Color Kinetics as an important next step in drivingforward our initiatives in the North American market for Solid State Lighting inarchitectural, entertainment and general lighting applications. We also believethis agreement 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 plans to enter newmarkets with intelligent LED lighting offerings. We believe there are manymarket opportunities for this technology that will continue to grow throughthird-party product development. Our mission, in part, is to fuel that growththrough licensing relationships built on our strong intellectual property." - ENDS - Notes To Editors: About Dialight plc Dialight plc (FTSE: DIA.L) is one of the world's largest suppliers in the fieldof Applied LED Technology. It operates in two principal segments: Componentswhere low brightness LEDs are used for status indication in electronicequipment; and Signals/Illumination which utilises the latest high brightnessLED technology for Traffic and Rail Signals, Obstruction Lighting, HazardousLocation Lighting and for developing applications in more general illuminationmarkets, including architectural and entertainment uses. Dialight plc hasoperations in The United Kingdom, Germany, the United States and Mexico. Moreinformation is available at: www.dialight.com. About Color Kinetics Color Kinetics Incorporated (NASDAQ: CLRK) transforms environments through new,dynamic uses of light. Its award-winning lighting systems and technologies applythe benefits of LEDs as a highly efficient, long lasting, environmentallyfriendly, and inherently digital source of illumination - reinventing lightitself as a highly controllable medium. Color Kinetics also enables widespreadadoption of LED lighting through OEM and licensing partnerships in diversemarkets. The company is headquartered in Boston, MA with offices in the UK,China, and Japan. More information is available at: www.colorkinetics.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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