Troy, Mich.-based developer and producer of next-generation solid-state lighting technology iluminys, Inc. has granted a license for LED fluorescent tube replacements to LED Global Supply, an LED lighting distributor in Westlake Village, California.
The ilumisys licensing program allows LED Global Supply to provide LED lighting products to the market at a competitive price, as well as make royalty payments in exchange for the rights to manufacture and sell products covered by the patent portfolio of ilumisys’ parent company, Altair Engineering.
“We provide outstanding value to our customers by our product selection, competitive pricing, and the development of critical industry relationships,” says Michael Paganelli, founder and President of LED Global Supply. “By forming this partnership with ilumisys, LED Global Supply will further ensure the delivery of quality products to our customers and promote a higher standard of quality throughout the industry.”
Formed in 2007, ilumisys is a spin-off company of Altair, a global software and technology company that has a growing presence in the energy market. With the backing of Altair, its majority owner, ilumisys has a substantial investment in research and development that includes nine issued patents and 70+ filings to date.