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May 28, 2018
Eindhoven, The Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has reached the 900th member milestone for its EnabLED Licensing Program for LED luminaires and retrofit bulbs in May. This latest milestone underlines the company’s commitment to research and development and innovation in the latest energy efficient LED technologies.
The 100 new members are a good reflection of the total LED market as they represent all LED application areas and come from small- and medium-sized companies, as well as large multinationals. The new members serve various markets such as consumer, industrial, retail, street lighting and retrofit bulbs. In addition to mainstream markets, new members are also active in a wide range of niche markets.
“The success of the Licensing Program that provides access to more than 400 inventions and over 2.600 patents to companies that sell their own branded LED products, is reflective of the rapidly increasing share of LED-based sales in the lighting market. The strong continued growth in membership illustrates the further maturing of the use of LEDs in the market,” said Frank Bistervels, Vice President Intellectual Property at Signify. “We continue to invest in improving LED lighting technology even further and have added 150 new innovations to the program in February alone.”
Since 2008, EnabLED has encouraged innovation and fostered growth in the LED lighting market. EnabLED is committed to ensuring the program is fair and reasonable to all. Recently added LED patents include inventions such as filament-based LED products, warm dimming incandescent emulation, omnidirectional lighting for LED lamps, LED glare reduction, asymmetric LED light output, uniform mixed LED colors output and connected LED lighting technology.
Signify became the new company name of Philips Lighting as of May 16, 2018.
Signify Corporate Communications
Elco van Groningen
Tel: +31 6 1086 5519
E-mail: elco.van.groningen@signify.com
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2017 sales of EUR 7.0 billion, approximately 32,000 employees and a presence in over 70 countries, we unlock the extraordinary potential of light for brighter lives and a better world. News from Signify is located at the Newsroom, Twitter and LinkedIn. Information for investors can be found on the Investor Relations page.
