Altman to license Color Kinetics'
patented technology and expertise for new
line of intelligent LED-based products
LONDON, UK - PLASA 2003 - September 8,
2003 - Color Kinetics Incorporated, the
pioneer of intelligent LED-based illumination
technologies, and Altman Lighting, Inc., a
leading innovator of theatrical and
entertainment lighting products, today announced
an agreement whereby Altman will license Color
Kinetics' patented Chromacore® technology and
expertise and integrate Color Kinetics
components for a unique line of intelligent
LED-based systems for the theatrical,
entertainment, and themed architectural lighting
markets. The Chromacore-powered systems are
slated for availability in November 2003.
"When it comes to intelligent LED
illumination, we recognize the distinct
advantages of aligning with Color Kinetics,
whose dominant intellectual property,
technology, and expertise are unmatched in the
field," said Robert Altman, CEO, Altman
Lighting. "We're pleased to announce this
agreement in support of Altman's commitment to
deliver high-quality, state-of-the-art products
that meet the rigorous demands of today's
foremost lighting designers and specifiers."
"Altman is renowned for its market strength
and expertise in theatrical and entertainment
lighting, and we're pleased to help distinguish
its product offerings through the powerful
advantages of Color Kinetics' intelligent LED
technology and integrated systems approach,"
said Bill Sims, President and COO, Color
Kinetics. "This agreement further validates
Color Kinetics' proven technology and supports
our expansion strategy to meet wide-ranging
market opportunities through select OEM and
licensing relationships."
Chromacore is a pioneering technology that
applies microprocessor-controlled, multicolored,
high-brightness LEDs to generate 16.7 million
colors and dynamic effects without the cost and
efficiency constraints of conventional lighting
methods. Altman will integrate this technology
with a new line of lighting fixtures, including
cyclorama and indoor/outdoor wall washing and
par lights, to deliver the advantages of
complete, intelligent control and unlimited
creative potential for the use of color and
color-changing effects in diverse applications.
Like all Chromacore-based systems from Color
Kinetics and its professional lighting partners,
the new products will be compatible with Color
Kinetics' line of controllers and have the
benefits of ultra-long source life, low energy
consumption, little heat, and no moving parts,
noise, or UV emission.
A prototype will be on display at Color
Kinetics' booth (#P51) at PLASA 2003, and Altman
will exhibit a wide range of the products at the
LDI Show in Orlando, Florida in November.
About Altman Lighting
Since 1953, Altman Lighting, Inc. has been
creating lights for stage, screen, and now
first-class architectural design that are
industry benchmarks for features, performance,
and durability. An original equipment
manufacturer based in Yonkers, NY, Altman has
produced custom-built and standard lighting
instruments for major feature films, Broadway
shows, school productions, concert tours, places
of worship, and major-chain flagship stores. For
additional information, visit
www.altmanlighting.com online or call
1-800-4-ALTMAN (1-800-425-8626).
About Color Kinetics
Color Kinetics Incorporated is the pioneer of
intelligent solid-state illumination
technologies. The company designs, manufactures
and markets an award-winning line of products
that apply the practical and aesthetic benefits
of LEDs to transcend the limits of traditional
light sources for use in professional, consumer,
and OEM and licensing applications. Its flagship
line of technologies leverage a patented layer
of digital intelligence, called Chromacore®, to
generate and control millions of colors and
dynamic lighting effects. Color Kinetics leads
the industry in solid-state lighting innovation,
including the custom engineered Chromasic™
microchip, and holds a growing patent portfolio
encompassing a number of emerging digital
technologies. Founded in 1997, the company is
privately held and is headquartered in Boston,
MA with offices in the UK, China, and a joint
venture in Japan. More information can be found
at
http://www.colorkinetics.com.