Philips SSLS and Boca Flasher in LED patent agreement
Boca Flasher has licensed Philips SSLS' worldwide patent portfolio relating to intelligent LED lighting.
Boca Flasher is a US manufacturer of LED-based fixtures and modules for a diverse group of vertical markets such as architectural, retail, signage and entertainment. Its intelligent LED product lines can now utilize Philips SSLS' proprietary control methods to generate millions of colors and color-changing effects without the maintenance-intensive use of colored gels or filters.
The global license will apply to sales of Boca Flasher products in all markets covered by Philips SSLS' patent portfolio.
"Once considered a novelty, LED technology is increasingly shaping the future of the lighting industry, and we believe that third-party product development will only help to accelerate widespread adoption. Our mission in part is to fuel that development through licensing relationships built on our strong intellectual property," said Bill Sims, CEO of Philips SSLS. "We're pleased to work with companies like Boca Flasher who recognize the value and competitive advantage our IP can afford."
"We believe that demand for LED lighting will continue to increase as the technology progresses and becomes even more competitive with traditional light sources," said Myung Park, President of Boca Flasher. "Given the market opportunities ahead, we believe it's important to form a cooperative relationship with a leader like Philips SSLS' and we look forward to continued growth in the years to come."
Philips SSLS' patent portfolio focuses on a range of digital technologies and methods of controlling LED sources for a variety of lighting applications and environments. The portfolio today includes 80 issued U.S. and foreign patents and over 170 applications pending worldwide.