Date Announced: 10 Dec 2008 Energy Efficient Cooling Technology Recognized as LED Market Must Nuventix, Inc., creator of SynJet® technology cooling solutions, was honored yesterday by the Austin Business Journal for the company’s innovative LED cooling design for lighting giant and Nuventix design partner, Philips. The Nuventix product is an active thermal management solution utilizing SynJet fanless air cooling technology providing silent operation, long life, and optimal cooling for the Philips Downlight LED Module (DLM) line of products.The honored SynJet technology from Nuventix is the only way to actively cool LEDs while maintaining efficiency and reliability. LEDs are the next step in revolutionizing energy efficient lighting. Lighting currently consumes 22% of all the energy used in the US. By utilizing SynJets, the LED lighting industry can capitalize on savings today and bring energy efficient LED lighting solutions to the consumer two years sooner than expected. “We’ve had a breakout year in 2008, with the completion of a $14 million round of funding and customers continuing to come on board. What a way to finish out the year, with this recognition of our innovative technology,” said Jim Balthazar, president and CEO, Nuventix. “While we’ve tackled the LED market in 2008, look for Nuventix to continue to roll out new products for the LED market as well as bring similar cooling design innovation to other markets in 2009.”The Austin Business Journal’s Tech Innovations Awards are designed to highlight the most innovative ideas in Central Texas. Award winners were chosen by a panel of judges from a large pool of entrants and scores were tabulated with particular emphasis paid to the idea’s level of innovation and chances of financial success.About NuventixNuventix is revolutionizing thermal management of consumer electronics, LED lighting, medical, telecommunications, automotive and other electronics with patented, highly adaptable, quiet and reliable cooling devices that efficiently – and directly – dissipate heat from any surface. The patented SynJet technology enables the most reliable and flexible air cooling solutions available today. The Austin, TX-based company is venture-backed and led by an experienced team of senior executives with a breadth of experience building and leading thermal and startup companies to success.
Nuventix Inc. Austin, TX