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Seoul Semiconductor concludes a cross license agreement with TOE of Europe

11-14-2008 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: xmedia

/ PR Agency: xmedia GmbH
Seoul enters into a cross license agreement with TOE (TridonicAtco Gmbh) of Europe and its patent partners
- Based on this cross license agreement, Seoul enhances its flexibility to manufacture various kinds of LEDs besides its own white LEDs

Seoul Semiconductor Co., Ltd. ("SSC") today announced that SSC has entered into a Cross License Agreement regarding white LEDs using silicate system phosphors with TridonicAtco Optoelectronics GmbH ("TOE") and its patent partners. Phosphors are indispensable materials to manufacture white LEDs. Especially, white LEDs incorporating silicate system phosphors are covered by a wide variety of patents and are significantly different from conventional LEDs using other phosphors. Under the Cross License Agreement, SSC is in a very strong position to manufacture and sell its own white LEDs using silicate system phosphors as well as expand and accelerate relevant R&D activities.
Based on this agreement, SSC's white LEDs using silicate system phosphors can be covered by its patents and such license and thus SSC's customers will be able to enjoy using SSC's white LEDs.

Reference 1: About Seoul Semiconductor (www.acriche.co.kr)
Seoul Semiconductor, a world leading LED manufacturer, was ranked 6th in the world in the global high-brightness LED market based on sales volume in 2007. Seoul has been named in Forbes and Business Week’s lists as one of the most promising Asian companies. Its main offering, the Acriche™ LED, was also named “Product of the Year” by Elektronik in 2006, one of the most prestigious electronics publications in Europe. In 2008, this award was given again to Seoul Semiconductor’s Flash LED product. Acriche, developed in 2006, is operated directly through AC current without any converters needed for DC LED operation, extending the LED’s life span and making installation costs easier and less expensive. With these important benefits, Acriche LED technology is expected to pioneer the future of the lighting industry. Seoul Semiconductor’s primary business areas are LED packaging and custom module manufacturing. It provides a full range of LED products including AC-driven semiconductor light sources, Acriche brand products, High-Brightness-Power products, Side-View LEDs, Top LEDs, Chip LEDs, Lamp products, High-Flux LEDs, and custom-type modules. Applications for the company’s LED products include general lighting, signage, back lighting for mobile phones, TVs, notebook computers, automotive lighting, home appliances, signals, etc. Seoul Semiconductor reported KRW 250.2b in sales in 2007. It has 1,876 patents and 385 licenses as of September 2008. Seoul Semiconductor has 25 branches including 3 overseas corporate offices. Its products are also represented by more than 108 worldwide distributors.

Reference 2: For more information please contact
Daniel Park
Marketing PR manager (in Korea)
SEOUL SEMICONDUCTOR CO., LTD.
Marketing Department/Sales Group
1B-36, 727-5 Wonsi-dong Danwon-gu
425-851 Ansan-city, Kyunggi-do; South Korea
E-mail : daniel.park@acriche.com
Tel : +82-31-364-3789

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