Philips Lumileds LUXEON K2 named top Product of the Year

Date Announced: 20 Mar 2008 San Jose CA - The LUXEON K2 power LED from Philips Lumileds, the world's leading supplier of high power LEDs, was today named a top optoelectronic component of the year 2007 at the 'Product of the Year' awards held annually by Elektronik, one of Germany's leading electronics titles.Nominated by the magazine's editorial team along with 110 other components in 10 categories, the LUXEON K2 was voted by readers of the publication as one of the top three components in the Optoelectronics category. The award, which celebrates its 10th anniversary this year, invites the magazine's 30,248 readers to vote for the most innovative and high-performing components in ten categories:Active components, Passive Components, Electromechanical, Optoelectronics, Sensors, Power Supplies, Test & Measurement, Automation, Embedded systems and CAD."We feel honored that the LUXEON K2 has been recognized as a top high power LED by the readers of this prestigious magazine", says Steve Landau, Director of Marketing Communications "The LED market is experiencing a period of rapid growth and exciting innovation, and this award highlights that Philips Lumileds is very much at the front of this race, solving the fundamental issues that face engineers who are designing with LEDs and developing pioneering products that make the never before possible a reality today."About Philips LumiledsPhilips Lumileds is the world's leading provider of power LEDs for everyday lighting applications. The company's recent records for light output, efficacy and thermal management are direct results of the ongoing commitment to advancing solid-state lighting technology and enabling lighting solutions that are more environmentally friendly, help reduce CO2 emissions and reduce the need for power plant expansion. Philips Lumileds' LUXEON LEDs are enabling never before possible applications in the general lighting, automotive, digital imaging, display, and signage markets.

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