LightLab and Norrtelje Elektronikpartner (NEP) sign licensing agreement
LightLab offers partners the chance to license their unique EEE Light™ Technology. The three E’s represent the technology’s three biggest advantages: energy efficiency, environmental friendliness and economical production.
LightLab has signed a licensing agreement with Norrtelje Elektronikpartner (NEP) for the development of a solution for wireless lighting control. The licensing agreement involves a Bluetooth-based wireless technology that gives the user the ability to control their lights from a smartphone or tablet.
The product will be launched as an app during Q1 2014.
LightLab will offer the new solution as part of their EEE Light Technology. NEP will sell the solution to customers outside LightLab’s market.
“Signing our first commercial agreement is the logical next step in our company’s development,” said LightLab CEO Jan-Erik Lennefalk. “It also demonstrates that our R&D efforts are delivering results. NEP and LightLab have been collaboratively developing solutions based on our unique lighting technology for a long time. This new wireless communication solution is a great example of what LightLab and our partners can create using EEE Light.”
”It’s an exciting product that we see creating interesting new business opportunities, particularly within the Internet of Things,” said NEP’s Anders Söderbärg. ”We look forward to developing more solutions like this in collaboration with LightLab.”
If you have any questions, please contact:
Jan-Erik Lennefalk, CEO
Mobile: 46 (0) 702 51 91 92
Per Olsson, Investor Relations
Mobile: 46 (0)730 80 49 59
E-mail: per.olsson@lightlab.se
This is LightLab Sweden AB
LightLab Sweden AB (publ), www.lightlab.se, has developed an environmentally friendly energy-saving bulb for general lighting based on field emission and cathode luminescence. It is energy efficient and exhibits good values for colour balance and colour quality. The bulb does not contain any mercury, lead or other substances hazardous to the environment. Laboratory activities are carried out by a subsidiary in Taiwan, LightLab Asia. The technology behind the bulb is applicable in a host of other applications, each of which offers considerable potential. LightLab has over 4,000 shareholders. The company's shares are listed on NASDAQ OMX First North. The company’s certified adviser is Erik Penser Bankaktiebolag.