Color Kinetics and Lamina Ceramics Announce Licensing Agreement
January 17 2007 - 7:00AM
PR Newswire (US)
BOSTON and WESTHAMPTON, N.J., Jan. 17 /PRNewswire-FirstCall/ --
Color Kinetics Incorporated (NASDAQ:CLRK) and Lamina Ceramics Inc.
today announced the signing of a global licensing agreement.
Lamina, a manufacturer of LED light engines, will have access to
Color Kinetics' complete patent portfolio to continue the
development and sale of its products worldwide. Lamina offers
multiple lines of LED light engine and driver OEM components
directly to third-party manufacturers and through a network of
distributors. Today its components power the LED lighting fixtures
of more than 100 companies. Through the agreement, Lamina can offer
its customers a licensed solution that provides the valuable
features made possible by digital intelligence, such as additive
color mixing through DMX control, among other innovations covered
by Color Kinetics' patent portfolio. Lamina customers who develop
fixtures based on the Color Kinetics-licensed components will be
covered under Lamina's license as well. "Lamina has established
itself as the primary source for unsurpassed light intensity, with
the ability to provide over 1,000 lumens from a single LED light
engine," said Frank Shinneman, President and CEO, Lamina Ceramics.
"This agreement allows us to take our capabilities to a new level
by adding, for the first time, digital color control to general
illumination." "We're very pleased to assist Lamina in its efforts
to help drive the use of LED technology, which continues to advance
faster than any other form of lighting today," said Bill Sims,
President and CEO, Color Kinetics. "The accelerating growth of our
Licensing business is testament to the strength and breadth of our
IP - the result of nearly a decade in researching and developing
the core technologies that make intelligent LED lighting viable in
numerous markets." About Color Kinetics Color Kinetics Incorporated
(NASDAQ:CLRK) transforms environments through new, dynamic uses of
light. Its award-winning lighting systems and technologies apply
the benefits of LEDs as a highly efficient, long lasting,
environmentally friendly, and inherently digital source of
illumination - reinventing light itself as a highly controllable
medium. Color Kinetics also enables widespread adoption of LED
lighting through OEM and licensing partnerships in diverse markets.
The company is headquartered in Boston, MA with offices in the UK,
China, and Japan. More information is available at
http://www.colorkinetics.com/. About Lamina Ceramics Lamina
Ceramics defines the state of technology with the development and
manufacture of high power LED light engines. Lamina's LED packaging
technology provides unsurpassed thermal management and
interconnectivity. Lamina Ceramics is the leading manufacturer of
high power LED light engines and is leading the transition from
traditional lighting sources like incandescent, halogen and
fluorescent to solid state solutions for general lighting. Lamina
offers the brightest solid state light engines in the industry and
is enabling this lighting revolution by delivering highly reliable
and functional LED light engines. Lamina is supported by an
industry- leading global sales and distribution network. Contact us
today to find out how we can help you make the brightest, most
reliable LED-based fixtures. Contact us at 609-265-1401, by e-mail
at , or online at http://www.laminaceramics.com/. "Safe Harbor"
Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Color Kinetics
Incorporated's business that are not historical facts are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Readers are cautioned
that these statements involve risks and uncertainties, are only
predictions and may differ materially from actual future events and
results. For a discussion of such risks and uncertainties, see
"Risk Factors" in the Company's Annual Report on Form 10-K for the
Twelve Months Ended December 31, 2005, File Number 000-50798, and
most recent 10-Q, each as filed with the Securities and Exchange
Commission. All rights reserved. Color Kinetics and the Color
Kinetics logo are registered trademarks of Color Kinetics
Incorporated. All other trademarks mentioned are the property of
their respective owners. DATASOURCE: Color Kinetics CONTACT:
Felicia Spagnoli, Media Relations, +1-617-701-2292, or , or Justine
Alonzo, Investor Relations, +1-617-701-2272, or , both of Color
Kinetics Incorporated; or Bill Wolfson, Landau Public Relations,
+1-614-851-6748, or , for Lamina Ceramics, Inc.; or John Ekis,
Director of Sales of Lamina Ceramics, Inc., +1-609-265-6828, or Web
site: http://www.colorkinetics.com/ http://www.laminaceramics.com/
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