Date Announced: 06 May 2009 -- China’s largest LED manufacturer to accelerate commercialization of Crystal IS’s proprietary technology GREEN ISLAND, N.Y. -- Crystal IS, Inc., the world’s leading developer of ultraviolet light emitting diodes (UV-C LEDs) and Sanan Optoelectronics Co. Ltd., the largest manufacturer of full color LEDs in the People’s Republic of China, today announced they had signed a memorandum of understanding (MOU). The MOU defines a joint development program, whose goal is to establish pilot manufacturing of LEDs operating in the UV-C part of the electromagnetic spectrum. During the term of this MOU, both parties intend to negotiate a long-term business agreement covering high-volume manufacturing, marketing and sales. “Working with an experienced and dynamic company like Sanan Optoelectronics will significantly speed up the market introduction of UV-C LEDs,” said Crystal IS CEO Steven Berger. “Leveraging Sanan Optoelectonrics’ unique expertise in processing and packaging will allow us to focus on making the precision substrates required for efficient UV-C LEDs.” “The opportunity to partner with Crystal IS on a new LED technology will help Sanan Optoelectronics maintain its leadership position for the future,” said Sanan Optoelectronics CEO Simon Lin. "We expect downstream integrators of UV-based products will welcome an established supply train for this new product." The developed UV-C LEDs will operate at the optimal germicidal wavelength, and are ideal for use in water and air sterilization products. Initial applications will include portable and residential point-of-use systems such as cleantech alternatives to bottled water and in-home counter-top systems. The technology roadmap also includes industrial and municipal applications, where long-lasting, energy-efficient LEDs are ideal replacements for existing mercury-based light sources. About Crystal IS Crystal IS, Inc. is the market leader in the commercialization of ultraviolet light emitting diodes (UV LEDs) on aluminum nitride substrates for the cost-effective production of long lasting, energy efficient, water and air purification devices. Visit www.crystal-is.com for more information. About Sanan Optoelectronics Co. Ltd. Sanan Optoelectronics Co. Ltd. is the largest manufacturer of full color LEDs in China. They are engaged in the design, development, manufacture and distribution of full color ultra high brightness (UHB) LEDs, epitaxial wafers, photo-diode detectors and compound solar cells with an annual throughput of 550,000 epi-wafers and 16B LEDs. The company sells its products in China, the United States, Japan, and Taiwan. The company is headquartered in Xiamen, PRC. They are traded on the Shanghai Stock Exchange (ticker: 600703). Visit www.sanan-e.com/en for more information.
Contact
Crystal IS, Tim Bettles Tel: +1 518-271-7375 x118
E-mail:[email protected]
Web Site:www.crystal-is.com
