LightLab selects Intralink as business development partner for China
Intralink has entered an agreement with LightLab to develop and implement a go-to-market strategy for launching LightLabs technology in China. Intralink will play a fundamental role in gaining access to key target customers and guiding LightLab in establishing the right partnerships with top manufacturers in the region.
With its massive population and rapid economic development, China’s need for a better light source is imperative. Current lighting technology is either inefficient, environmentally hazardous or too expensive for general lighting needs. LightLab believes their technology is the solution the region has been waiting for. Based on a technique called field emission lighting, the technology produces light with great efficiency while eliminating the need for mercury.
Intralink CEO Gregory Sutch commented, "We are delighted to be working with LightLab to expand their business development activities in China. We believe LightLabs technology holds great potential for meeting China’s escalating lighting demands with an energy efficient, eco-friendly and affordable bulb.”
LightLab are excited about the possibilities working with local experts will unlock. CEO Jan-Erik Lennefalk commented, "We are confident that Intralink’ s professional network and more than 20 years' experience in the market will help us find the best partners in the region. Their expertise and deep knowledge of the cultural and commercial challenges in China, combined with an ability to quickly understand complex technical issues, will be invaluable for the introduction of LightLabs Technology in the region."
About LightLab
LightLab Sweden AB offers unique lighting technologies for players in the global lighting market. Their solutions contribute to a better world by providing high quality light that can be produced efficiently and with minimal environmental impact.
About Intralink
Intralink develops and implements strategies for China, Japan, Korea and Taiwan. Through its award-winning Surrogate Sales Program™, the company designs and executes single-market and cross-border strategies to sell, license and manufacture its clients' products to customers and partners across the region. Since 1990, Intralink has worked with more than 400 companies to deliver new and incremental revenues, reduce costs and increase profits.
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.