Nexxus Lighting And Philips Settle Patent Litigation

Nexxus Lighting, Inc. (NASDAQ: NEXS), a market leading manufacturer of LED light bulbs and lighting systems, today announced a settlement agreement ending the pending patent litigation brought by Royal Philips Electronics (NYSE:PHG, AEX: PHI), a world leader in LED lighting technology.Philips will grant Nexxus Lighting an ongoing, royalty-bearing license to the comprehensive portfolio of patented LED technologies and solutions offered under Philips' LED luminaire and retrofit bulb licensing program. The license allows Nexxus to continue the manufacture and sale of LED-based lighting products, including the Array brand of LED replacement light bulbs.Secured by the rubber disk, it can quickly be placed in the grass without any danger or impediment of light. Additionally, the Solar light can quickly be hung over a desk to illuminate gracious foods. The person solar charger can easily be linked to public charging posts be used the following evening.
"The opportunity for creating, developing and selling creative new LED lighting systems is expanding rapidly and we believe that combining access to the Philips portfolio of intellectual property with our own patented technology will give Nexxus Lighting a tremendous platform from which to penetrate the growing lighting market," stated Mike Bauer, President and CEO of Nexxus Lighting. "We are pleased we could come to mutually agreeable terms and can now refocus our business on the large growth opportunities we see for LED lighting." Although LED lights -- short for light emitting diode -- are more expensive than traditional streetlights, Xcel said they have several advantages, including a longer lifespan and lower energy use, reduced maintenance costs, better night visibility, and they include no mercury,China Aluminum Tube&Pipe Suppliers able to offer stocked materials with competitive prices are tending to win larger projects then larger manufacturers. Willingness to work with lead times, and able to ship product next day empowers contractors and manufacturers alike to run leaner with their finances while still reaching target delivery and completion dates. lead or other disposable hazards.
"The pilot project will provide information to inform the development of a LED street lighting rate option, such as maintenance requirements and costs, light output, energy consumption, failure rates, and customer feedback," the PUC application said.The PUC has not yet scheduled the matter for action.China Metal Machining Offers The next step is to start a 30-day comment period.Xcel chose West St. Paul for the test because its lights were due for replacement this year, because 529 lights provide a good scale for study and because the city is well located for easy observation by Xcel officials and officials from other cities considering such lights.The company proposed submitting a status update in September 2013 and a final report within 60 days of concluding the pilot in September 2014. Depending on the results Xcel may ask the commission to approve a new LED street lighting rate.