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LightLab and Osram (China) Fluorescent Materials launch partnership to develop luminescent powder for the EEE Light™ Technology

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LightLab has signed an agreement with Osram Fluorescent Materials to co-develop a luminescent powder for general lighting. The two parties will jointly invest resources to develop a new powder optimised for LightLab’s EEE Light™ Technology.

“We’re working with several partners to drive forward the development of our luminescent powder,” said LightLab CEO Jan-Erik Lennefalk. “Working with leading players in the lighting industry is a core part of our development strategy. It’s a major step forward to gain another strong partner in Osram Fluorescent Materials as they will help us develop a new, innovative luminescent powder for general lighting.

Osram has have the capacity to deliver large volumes and an extremely competent development team enthusiastic about working with EEE Light™ Technology. To get such strong support from such a well established lighting company creates a promising foundation for future business success.”

“LightLabs field emission lighting technology is an innovative and exciting new lighting solution with huge market potential. Osram Fluorescent Materials has extensive experience in manufacturing, research and development of luminescent powder, and we are looking forward to establishing a mutually beneficial cooperation with LightLab. Together, we plan to further develop technologically improved luminescent powder and offer a brand-new commercialized lighting solution to the global market,” said Qian Yuanying, Deputy Chairman of CRE. China Rare Earth Holdings Lte is listed in Hong Kong and is a shareholder in Osram Fluorescent Materials.

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.