May 26 2010
Ringdale(R), Inc., a global leader in the development of energy efficient, intelligent commercial LED lighting fixtures, today announced the signing of an exclusive licensing, manufacturing and distribution agreement for the region of Japan with Sojitz Systems Corp. The Sojitz Corporation is a highly respected holding company with over $50 billion in revenues and a very strong market position in Japan.
Sojitz manufactured lighting fixtures for streets, parking structures, billboards, building exteriors, warehouses, offices, retail spaces, parks and restaurants will be based on Ringdale's ActiveLED(TM) technology. The solid state fixtures deliver better illumination and use 50-95% less energy than conventional lighting sources such as incandescent, CFL, FL, HID, HPS and LED bulb replacements.
"In our search for financially strong and technologically capable partners in the major regions of the world we found Sojitz to be a very good match in terms of access to the Japanese market and their ability to manufacture in the region," said Klaus Bollmann, CEO and Chief Scientist, Ringdale. "The agreement benefits both companies and provides us with immediate access to Japan's multi-billion dollar, fast-growing market for energy-efficient LED lighting."
"After detailed market research in the US and Japan, we selected Ringdale's ActiveLED product line," said Kazunori Obata, President, Sojitz Systems Corporation. "ActiveLED luminaires use less energy, operate cooler, last longer and depreciate significantly less over time. This gives our ActiveLED-based product line a distinct market advantage."
"The partnership is a perfect fit," according to Stephen Maysonave, technology consultant at Ringdale. "Ringdale has designed a premiere line of commercial LED lighting fixtures and Sojitz has a focus on quality and complete access to the Japanese market."
Ringdale developed the ActiveLED lighting fixtures to meet the stringent requirements of enterprise customers who are focused on replacing older, inefficient lighting sources or outfitting new construction projects with energy efficient, longer-lasting, low- or no-maintenance LED-based fixtures.
Source: http://www.ringdale.com/