Color Kinetics Announces Global Licensing Agreement

Color Kinetics Inc. (Nasdaq: CLRK), a leading innovator of LED lighting systems and technologies, announced the signing of a global licensing agreement with Neo-Neon International Ltd. Neo-Neon will be granted access to Color Kinetics’ complete patent portfolio, allowing the continuing development and sale of its LED lighting products worldwide. Neo-Neon is a China-based, 25-year established manufacturer of decorative and entertainment lighting products that include a growing number of LED-based offerings. “We believe that demand for LED-based lighting products will continue to increase as the technology progresses and becomes even more competitive with traditional light sources,” said Ben Fan, Chairman, Neo-Neon. “As LED technology grows increasingly important to our business, we believe it’s important to align with Color Kinetics, whose pioneering R&D and resulting intellectual property are well established.” “This agreement marks another strong win for our growing licensing business, which leverages nearly ten years of investment, research and development as the foundation of our IP,” said Bill Sims, President and CEO, Color Kinetics. “We believe the market for LED lighting is very broad and can sustain many players. We therefore welcome the opportunity to enable companies like Neo-Neon who want to take advantage of our inventions in the fast-growing LED […]

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ICP Solar Announces Euro Agreement for Spain

ICP Solar Technologies Inc. (OTCBB: ICPR), has signed an agreement to begin supplying solar energy solutions worth up to EUR 15 million annually to Tejas Solares, a leading residential solar system developer. Under the terms of the binding letter of intent, ICP Solar will provide a new kind of solar tile specifically designed for Spanish home models, currently under development, to Tejas Solares. In return, Tejas Solares will commit to using ICP’s innovative solution in at least 2000 homes annually on the Spanish market. ICP’s new Madrid office will support this and all other contracts for European, Middle Eastern and Asia-Pacific (EMEA-PAC) clients. “Tejas Solares is constantly looking for innovative solutions to satisfy the demanding requirements of the Spanish real estate market with regards to solar energy. To accomplish this goal, we are partnering with ICP Solar Technologies,” said Camilo Menendez, President of Tejas Solares. “Together, our two companies have a deep knowledge of both the real estate and solar arenas. This alliance will produce a unique offering in the marketplace, with emphasis on quality and innovation.” With nearly two decades experience in the solar industry, ICP has developed solar products to fit a wide variety of applications. RV, automotive […]

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SunOpta Inc. Becomes Canada's Largest Health Food Distributor

SunOpta Inc. (NASDAQ:STKL; TSX:SOY) has acquired Aux Mille et une Saisons Inc., a leading Quebec- based distributor of certified organic and natural grocery products that’s been in business for 20 years. With a long track record of profitable performance, the acquisition will provide significant presence for the SunOpta in Quebec and solidifies the Group’s position as the largest distributor of natural and organic foods in Canada. The company operates from a recently expanded 32,000 square foot distribution centre and has secondary warehousing facilities in Montreal – the most extensive natural and organic distribution network in Quebec and the Maritime provinces. In addition to strengthening SunOpta’s national platform, the acquisition will benefit the Canadian organic market as a whole, by expanding distribution of exclusive brands throughout SunOpta’s network in central and western Canada. Monsieur Marc Periard will continue to manage the Aux Mille et une Saisons business and has been appointed Vice President of Organic and Natural Foods, Eastern Region. The company’s focus and strength is in organic grocery products. The company’s reputation for integrity, product knowledge and superior service has provided a history of strong growth with current revenues of approximately $16 million. Aux Mille et une Saisons maintains a […]

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