Color Kinetics Incorporated (NASDAQ: CLRK) announced an agreement with lighting industry veteran David Cunningham to jointly develop advanced, intelligent solid-state lighting solutions that meet the rigorous demands of high-performance entertainment, theatrical and architectural applications. The solutions will be marketed worldwide by Color Kinetics.
"This joint endeavor marks an exciting expansion of our product development efforts, and reinforces Color Kinetics’ commitment to meeting specifiers’ requirements across diverse lighting markets and applications," says Bill Sims, president and COO of Color Kinetics. "David’s record of product innovation speaks for itself, and we’re thrilled for the opportunity to exclusively leverage his talents as we continually look to deliver the industry’s broadest selection of intelligent solid-state lighting products."
Cunningham is an accomplished inventor and industry pioneer, credited for designing some of the entertainment industry’s most commercially successful lighting products, including ETC’s popular Source Four® fixture and Sensor® dimmer lines. Through the agreement, his well-established expertise will be applied to developing products that merge Color Kinetics’ intelligent LED control technologies with system requirements tailored to the needs of various applications. The products will also apply the collective intellectual property of both Cunningham and Color Kinetics.
"LEDs offer tremendous potential for precise and instantaneous color control in theatrical and architectural applications," comments Cunningham. "Color Kinetics is in the best position to solve the technical challenges in bringing this new technology to these markets based on their R&D capabilities, their relationship with LED manufacturers, and their extensive patent portfolio. This alliance represents an exciting union of powerful technology and market-specific expertise, and I look forward to the innovative products that will emerge as a result."