Color Kinetics Incorporated announced the continued traction of its OEM and licensing business with five agreements signed in the third quarter of 2004 to date.
The newly signed OEM and licensing partners are CityLight, a Turkish architectural lighting firm; City Theatrical, Inc., a lighting accessories manufacturer; Next Generation Lighting, LLC, a new developer of custom solid-state lighting solutions; Orange22, a furniture manufacturer; and, as previously announced, Spectrum Manufacturing, a manufacturer of entertainment and event lighting products.
"Color Kinetics supports the widespread adoption of intelligent solid-state lighting through an open and active OEM and Licensing program, and we’re pleased to help these companies go to market quickly and easily with value-added offerings based on proven technology," said Bill Sims, president and COO, Color Kinetics. "By extending our core expertise, technologies and complete system approach to third parties, we’re creating more choice in the marketplace while maximizing the return on our investment in innovation."
"Through our agreement with Color Kinetics, we have developed a specialized power/data solution that effectively meets the most rigorous demands of entertainment and event lighting applications - combining Color Kinetics’ industry-proven technology with our market expertise," said Gary Fails, President, City Theatrical.
Color Kinetics forms OEM and licensing relationships with manufacturers who recognize the value and increasingly prevalent role of intelligent solid-state lighting technology, both within and beyond the core lighting industry. Companies align with Color Kinetics in a number of ways, including the purchase of Digital Light Engines for turnkey integration into their own product lines, and by licensing the company’s core technologies and corresponding intellectual property. Existing OEM and Licensing partners include Altman Lighting, Balboa Instruments, B/E Aerospace, Hayward Pool Products, The Holmes Group, HoMedics, Main Light Industries, Tireflys and Zumtobel Staff Lighting, among others.
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