Permlight and Laminators Enter into Strategic Relationship to
Expand use of LEDs in Signage, Architectural, and Visual Merchandising
Applications
- Permlight announces introduction of StandeeLight battery
operated point of purchase lighting system using Laminators
Omegalite
- Companies plan on expanding each others patented technologies,
focus is on thermal management
Tustin, CA - February 3, 2004 - Permlight (Tustin, CA) and
Laminators Incorporated (Hatfield, PA) announced today that the two
companies have entered into a mutually exclusive strategic
relationship to expand the use of LED lighting systems in signage,
architectural lighting, and visual merchandising applications.
Under the undisclosed terms of the agreement both parties have
agreed to cooperatively develop LED lighting systems and fixtures that
maximize the intellectual property and know how of each company.
Permlight is the recognized industry leader in thermally managed LED
systems incorporating its LoTemp construction. Laminators is an
industry leader in the development of light weight and rugged
composite aluminum panels using its proprietary open core aluminum-
fluted poly-olefin core -aluminum lamination system.
Permlight announced in conjunction with signing the agreement that
they have introduced a new portable, battery operated, visual
merchandising point of purchase system called StandeeLight that
incorporates the use of Laminators OmegaLite material.
StandeeLight is the first of several low cost and innovative
systems that will come out of the relationship between our two
companies, commented Manuel Lynch, President and CEO of Permlight.
Designers and architects will find no exposed unsightly power wires
in this new edgelit system designed for free standing interior
applications. With a battery life of up to 72 Hours on a single
charge and weighing under 25 lbs, the StandeeLight highlights some of
the exciting features the two companies can introduce together.
Permlight is sampling the StandeeLight system to key customers and
plans on offering it in high volume by early March 2004. Initially
the StandeeLight is offered in a silver finish but both companies
together will be introducing a marble, wood grain, and aged metal
finish in the coming months.
Permlights patents are on the mounting of LEDs on highly
conductive surfaces, that dissipate unwanted heat and allow for
maximizing the true potential of LED, stated J. David Thompson, CEO
and Chairman of Laminators Inc. LEDs provide equivalent lumens of
light output for a fraction of the energy cost consumed by neon and
other traditional lighting devices, and are successfully replacing
them in many traditional applications. The value proposition is that
we see our material as a light weight heat spreader and enabler for
Permlights next generation LED systems and fixtures.
Both companies have begun the confidential development of a new LED
lighting systems which will change conventional thinking in channel
letters. It is expected that this revolutionary new product will be
introduced in Summer of 2004.
About Permlight Products
Permlight, a premier provider of energy efficient LED lighting
solutions, designs and manufactures LED Lighting Systems and power
supplies for indoor and outdoor applications. With its patented thermal
management technology, the company provides products that are rated as
the brightest and most cost effective systems in the industry. Its
patented dispensing and peel and stick installation systems also make it
the easiest system to install. More information may be obtained by
visiting its website at http://www.permlight.com
About Laminators
For over 40 years, Laminators Incorporated, located in the Hatfield,
Pennsylvania, has been delivering quality products and innovative
solutions. Laminators is the leading manufacturer of fluted core
aluminum composite panels, including Omega-lite and Aluma-lite.
Creators of many patented products and systems, Laminators
consistently sets the standard for others to attempt to follow. More
information may be obtained by visiting its website at
http://www.omegapanels.com |