News in brief: Super Vision & Lumenyte, Beadlight, UCSB
Super Vision has licensed its LED technology to Lumenyte, Telectra has changed its name to Beadlight, and UCSB's materials department has been funded.
Super Vision International, Inc., a leading manufacturer of fiber-optic and LED lighting systems, has signed Lumenyte International Corporation as a new licensee of its Variable Color Lighting System patent (US patent no. 4,962,687) and its Laidman technology intellectual property portfolio.
Lumenyte, founded in 1980, was one of the pioneers of fiber-optic lighting and is a developer and manufacturer of plastic fiber-optic lighting systems. Based in Foothill Ranch, California, the company markets its systems to industries such as transportation, architectural, entertainment, security, industrial and OEM.
"As LED technology is evolving, more and more lighting manufacturers are realizing the potential applications and are looking to capitalize on the growth potential of incorporating this technology into their own product lines," stated Mike Bauer, president/CEO of Super Vision.
"Lumenyte is a great example of a company that recognizes the value of the foundational patent and technology on which LED variable color lighting is built and we look forward to working with them as a licensee."
"Incorporating LED variable lighting technology into exciting new products provides us with the ability to foster a new realm of innovation at Lumenyte," stated Peter Costigan, President of Lumenyte. "Super Vision understands our business and we look forward to a long term relationship."
Telectra changes name to Beadlight
Effective March 1, 2006, Telectra Ltd. has changed its name to Beadlight Ltd.
The name change reflects the company’s business and that the majority of its products utilize its proprietary intellectual property, Bead*light® Technologies (patents pending).
The Bead*light® LED diffusion system is used in the company’s principal markets of Event, TV and Entertainment Lighting and Commercial Airliner in-seat lighting.
There has been no change in the company ownership, management or trading style.
Mitsubishi Chemical renews UCSB grant
Japan's largest chemical company Mitsubishi Chemical Corp. has renewed its commitment to fund materials research at the University of California at Santa Barbara (UCSB), to the tune of between $8.5 million and $10 million over the next four years.
The Mitsubishi Chemical Center for Advanced Materials (MC-CAM) includes a significant effort to develop technologies for solid-state lighting and displays.