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Epistar and Lynk Labs Sign Equity Investment & Licensing Agreement

20 October 2009 12.00 BST

(Taiwan ) - Taiwanese LED chip maker Epistar and AC LED technology company Lynk Labs have entered into strategic equity investment and licensing agreement with the aim of growing the AC LED market

Lynk Labs has been building an LED technology patent and product portfolio since 2002
with a focus on AC LED technology. The portfolio includes fundamental core AC LED circuits that can be integrated at the chip level as well as drive methods and product or system level solutions. With over 50 patents filed to date and granted with the company’s first U.S. Patent, No. 7,489,086 entitled “AC light emitting diode and AC LED drive methods and apparatus" early this year, Lynk will soon be announcing more approvals in major international markets.

In March 2009, Epistar announced plans to enter the AC LED market with single-chip AC LED technology. The company has been developing AC LED chips since 2004 and has also filed more than 10 patent applications in related fields. Last year, Epistar obtained a patent license from ITRI, the Taiwan-based Industrial Technology Research Institute also developing chip-level advancements in AC LED technology.

Terms of the deal were not disclosed.

Through this strategic partnership, Epistar and Lynk will be sharing and leveraging technology, expertise from both companies to develop new AC LED technology, and IP
and products including single-chip and system level solutions for the lighting industry.
Talking about the agreement, Mike Miskin, Lynk Labs’ President/CEO, commented, “We’re honored to have Epistar as an investor and strategic partner. Having access to Epistar’s chip-level design and manufacturing expertise will allow us to advance AC LED technology as well as accelerate its adoption into all areas of lighting where AC LEDs can deliver an advantage.”

Accoring to Dr. B.J. Lee, Chairman of Epistar, “AC LED technology creates a new era in the industry and Lynk Labs has been the pioneer driving AC LEDs into the market for many years now.

“We are very pleased and excited about entering into this strategic partnership with Lynk Labs to join resources and bring to market next generation AC LED based technology products.”


Epistar Lynk Labs agreement
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