executive summary for the patent sale of … proche offering.pdf · © 2014 tangible ip, llc. all...

23
© 2014 Tangible IP, LLC. All Rights Reserved. 1 EXECUTIVE SUMMARY FOR THE PATENT SALE OF GESTION PROCHE, INC. INTELLIGENT LED LIGHTING CONTROL PORTFOLIO *(7 issued Assets, including US, EP and CA issued patents)* Patent Number Title Priority Date Issue Date Expiration Date Backward /Forward Citations US Pat. No. 7,557,524 Lighting device Dec 20, 2000 Jul 7, 2009 Dec 19, 2021 34/16 EP Pat. No. 1,344,429 (In force in Germany, U.K., Italy and France) Lighting device Dec 20, 2000 Jul 27, 2008 Dec 2021 n/a CA Pat. No. 2,365,695 Lighting device Dec 20, 2000 Sep 28, 2010 Dec 2021 n/a Pricing guidance: $US high six to low seven figures Evidence of Use: 9 claim charts (Acuity Brands , Daintree Flextronics Juno , Dialight , Digital Lumens , Eaton Cooper , GE Lighting , Hubbell Lighting , Philips Lighting , Sylvania ) Encumbrances: None Submission deadline: None. Offers will be treated in the order they are received. Important Disclaimer: This document includes information regarding the sale of a valuable patent portfolio. The information, data, and charts are provided only for each prospective buyers use in independently evaluation the portfolio. The discussion of the use or applicability of the portfolio is only for illustrative purposes. This document and any documents exchanged during the sales process are not intended to be, and should not be interpreted as being, a notice of infringement, any form of accusation of infringement, or any opinion regarding the actual use of the patent portfolio.

Upload: vanthu

Post on 10-Jul-2018

212 views

Category:

Documents


0 download

TRANSCRIPT

© 2014 Tangible IP, LLC. All Rights Reserved. 1

EXECUTIVE SUMMARY FOR THE PATENT SALE OF

GESTION PROCHE, INC.

INTELLIGENT LED LIGHTING CONTROL PORTFOLIO

*(7 issued Assets, including US, EP and CA issued patents)*

Patent Number Title Priority Date Issue Date Expiration Date

Backward/Forward Citations

US Pat. No. 7,557,524 Lighting device Dec 20, 2000 Jul 7, 2009 Dec 19, 2021 34/16

EP Pat. No. 1,344,429 (In force in Germany, U.K., Italy and France)

Lighting device Dec 20, 2000 Jul 27, 2008 Dec 2021 n/a

CA Pat. No. 2,365,695 Lighting device Dec 20, 2000 Sep 28, 2010 Dec 2021 n/a

Pricing guidance: $US high six to low seven figures Evidence of Use: 9 claim charts (Acuity Brands, Daintree Flextronics Juno,

Dialight, Digital Lumens, Eaton Cooper, GE Lighting, Hubbell Lighting, Philips Lighting, Sylvania) Encumbrances: None

Submission deadline: None. Offers will be treated in the order they are received. Important Disclaimer: This document includes information regarding the sale of a valuable patent portfolio. The information, data, and charts are provided only for each prospective buyers use in independently evaluation the portfolio. The discussion of the use or applicability of the portfolio is only for illustrative purposes. This document and any documents exchanged during the sales process are not intended to be, and should not be interpreted as being, a notice of infringement, any form of accusation of infringement, or any opinion regarding the actual use of the patent portfolio.

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 2

Contents

1. The Opportunity .................................................................................................................................... 3

2. The Patent Portfolio .............................................................................................................................. 3

3. Encumbrances ....................................................................................................................................... 5

4. Evidence of Use ..................................................................................................................................... 5

5. Similar Potential Licensing Opportunities ............................................................................................. 7

6. The LED Intelligent (Smart) Lighting Market ......................................................................................... 8

7. Other Potential Licensing Opportunities ............................................................................................ 10

8. Patent Assertion in the LED Space ...................................................................................................... 10

9. The Technology ................................................................................................................................... 11

10. Targeted Price ................................................................................................................................. 12

11. Sale Structure and Submission Deadline ........................................................................................ 12

12. Contact Information ........................................................................................................................ 12

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 3

EXECUTIVE SUMMARY

1. The Opportunity

Our company, Tangible IP, LLC, has been retained exclusively as the agent to divest all patents and

related intellectual property of Canadian based company Gestion Proche, Inc. in the very coveted

Intelligent (or Smart) Lighting space, estimated to reach $56B by 2020, of which the largest segment

is LED Smart Lighting for C&I and government facilities.

We have partnered with LED industry experts from Alumage Advisors of Boston in developing a

portfolio of offerings in commercial and industrial (C&I) LED lighting, including troffer, recessed and

other office lighting systems, low bay and high bay industrial lighting and control systems, etc. This

portfolio is widely practiced by virtually all of the “A-tier” suppliers serving the lighting industry, as demonstrated by 9 claim charts covering ~100 products.

Gestion Proche, through its wholly owned operating company Dellux Technologies, has invested in

excess of $4M in R&D expenditures over the years and such efforts are reflected in the quality of

the portfolio currently for sale and some commercial deployments in NA and Europe. This

constitutes a unique opportunity for buyers wanting to acquire a strategic (offensive and defensive)

position in this key area, or for institutional buyers wanting to monetize this portfolio though

licensing programs given the presence of current EOU and/or to commercialize the underlying

technology with solid protection to keep competitors at bay.

2. The Patent Portfolio

The Gestion Proche patent portfolio consists of an international family of 1 issued US patent and 6

issued foreign counterparts and provides excellent protection and broad scope of coverage and

protection. It claims a superior and proven technique for delivering a LED lighting system that

maintains appropriate lighting levels given the ambient lighting conditions (also called a daylight

harvesting control system by many of the potentially infringing companies). The full list of asset

appears in Appendix A. US Pat. No. 7,557,524 contains 29 claims (3 independent) and has been

cited on several occasions1 by market leaders such as Cree (5 times), Bridgelux, Panasonic, Texas

Instruments, and Philips (4 times), to name a few.

1Some citations are linked to the application prior to its issuance. US

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 4

The earliest priority date for the portfolio (based on the initial Canadian filing) is December 2000,

which puts this portfolio in the very early stages in the field of Intelligent LED Lighting Control assets

class, as per chart below. The US patent also cites close to 30 references and has gone through a

robust prosecution, which altogether provides for solid protection against claims of invalidity.

Representative Claim of US 7,557,524 (Claim 1): An illumination lighting device comprising

a plurality of illumination groups, each of said illumination groups containing one or more light

emitting diodes and being configured for passing between an energized light emitting state and a

non-energized state, and

control means for maintaining the luminosity of the lighting device at a desired level, said luminosity

being controlled by, at predetermined time intervals, transferring an appropriate number of

illumination groups between said energized light emitting state and said non-energized state,

whereby

said transfer is effected in response to a luminosity reading and/or a usage time measurement, and

said lighting device comprises at least one of usage time measuring means for providing a usage time

measurement for each of said illumination groups at predetermined time intervals, and

a luminosity measuring system comprising

i) luminosity measuring means,

ii) one or more test light emitting diodes equivalent to the light emitting diodes of said

plurality of illumination groups,

said luminosity measuring means being able to provide said luminosity reading at predetermined

time intervals, on the basis of the light of said one or more test light emitting diodes when said one or

more test light emitting diodes are in an energized state, wherein said one or more test light emitting

diodes are selected from among light emitting diodes which are part of said illumination groups and

which are separate from said illumination groups.

Gestion Proche’s filing

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 5

3. Encumbrances

There are no licenses or other encumbrances to the portfolio and no license back is sought.

4. Evidence of Use

The following firms have commercialized more than 90 products/product families that may be

covered by the patents on offer, based on review of product features and documentation.

Acuity Brands develops efficient lighting solution systems with $2.1 billion

annual revenue and $222 million operating profit. The nLight network energy

management system and Lithonia Proteon (and other) LED fixture products are particularly relevant

to claims presented by the patents on offer. LED technologies account for over 33% of Acuity’s

sales, and account for a recent 38% surge in corporate earnings.

See corresponding claim chart for US Patent No. 7,557,524.

Daintree Networks, Flextronics and Juno Lighting (Schneider

Electric) commercialize products with common features that may

infringe on the patents on offer. Specifically, the Wireless Photosensor,

Lusio Essentials and Juno AccuLite series, respectively, potentially read on the claims. Flextronics

makes about over $2.28 billion per year in the US. Juno Lighting draws over $96 million per year in

US revenue. In 2013, Daintree doubled revenue over previous year revenue of about $3 million.

See corresponding claim chart for US Patent No. 7,557,524.

Dialight specializes in LED lighting solutions, with the DuroSite controls and LED

fixtures relevant to the portfolio on offer. The firm derives $98 million, or 52.2% of

total revenue from its lighting business, which has grown 33.7% since 2012. North America

comprises 63% of worldwide income. In Jul 2014, Dialight announced its lighting revenue had

increased by 46% and lighting profits had increased by 60% compared to the first half of 2013.

See corresponding claim chart for US Patent No. 7,557,524.

Digital Lumens develops intelligent lighting solutions. The firm’s LED Luminaires

and LightRules Management System products may read onto the patents on

offer. Company investors include Black Coral Capital, Flybridge Capital Partners and Stata Venture

Partners. On October 30, 2014, the Company announced an additional $23 million in financing.

Between 2010-2013, Digital Lumens raised over $25 million in funding and increase its customer

base by over 150%.

See corresponding claim chart for US Patent No. 7,557,524.

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 6

Eaton Cooper is a power management firm with over $22 billion in annual sales,

with the US comprising about 50% of global revenue. Potentially infringing products

include Greengate Controls and Skybar (and other) LED Fixtures. In 2012, Eaton Corporation bought

Cooper Industries for $13 billion. The acquisition was driven, in part, because Eaton wanted to fast

track its entry into the LED lighting market. LED lighting is part of Eaton Cooper’s Electrical P&L,

which draws 61% of the firm’s revenue.

See corresponding claim chart for US Patent No. 7,557,524.

GE Lighting Solutions is the lighting subsidiary of GE, with operations worldwide.

Total US revenue for GE lighting products approached $1.6 billion in 2010, with LED

the firm’s primary commercial lighting initiative. Products include the potentially infringing GE

Lighting Aware Controls and GE Lighting Albeo LED fixture offerings.

See corresponding claim chart for US Patent No. 7,557,524.

Hubbell Lighting commercializes a broad array of LED technologies

and makes approximately $121 million per year in revenue.

Potentially infringing products include the Lighting wiHUBB Controls and Columbia LLHP (and other)

LED fixture offerings. Over the past decade, Hubbell has made strategic acquisitions to give it

competitive advantage in the LED market, including $250 million for US Industries’ Domestic

Lighting Group, $100 million for Kurt Versen and an undisclosed amount for Sterner Lighting.

See corresponding claim chart for US Patent No. 7,557,524.

Philips is one of the powerhouses in the LED market. LED revenue grew by

50% in third quarter 2012 to account for 24% of all lighting revenue, an estimated $650 million. In

addition to extensive LED products, the company has a successful LED patent licensing program.

Potentially infringing products include the Airwave Controls and Recessed Meso LED fixtures.

See corresponding claim chart for US Patent No. 7,557,524.

Osram Sylvania is a global lighting firm that is

increasingly relying on LED sales for its bottom line. US revenue is approximately $943 million. LED

based revenue accounts for 29% of revenue. By 2017, the firm expects LED based revenue to

account for 50% of all earnings. Potentially infringing products include the Encelium Controls and

various LED lighting offerings.

See corresponding claim chart for US Patent No. 7,557,524.

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 7

5. Similar Potential Licensing Opportunities

In addition to the above companies for which EOUs have been prepared, additional companies with

similar offerings in commercial & industrial LED lighting and controls include:

ESCOs (Energy Service Companies) and LSCs (Lighting Service Companies) in Appendix B

who purchase and install LED C&I lighting and controls products from “EOU companies” or

other LED lighting, controls and light sensor companies in Appendix C or D, in end-user C&I

or government facilities.

o National or regional ESCOs and LSCs such as:

o Local ESCOs and LSCs such as:

End-users who directly purchase, install or have installed potentially infringing LED C&I

lighting and controls products from “EOU companies”, other LED C&I lighting companies

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 8

who also offer controls, or from individual lighting controls and light sensor companies in

Appendix C.

LED C&I lighting companies who also offer controls

Lighting controls and light sensor companies

End-users who directly purchase, install or have installed potentially infringing LED C&I

lighting and controls products from other LED C&I lighting companies (without controls)

and from individual lighting controls and light sensor companies in Appendix D.

6. The LED Intelligent (Smart) Lighting Market

The global Intelligent Lighting market, of which the largest segment is LED Smart Lighting for

commercial and industrial (C&I) and government facilities, is estimated to reach $56B by the year

2020, growing at a CAGR of 15.8% from 2014, according to research firm Markets and Markets

(M&M) in their Smart Lighting Market report, dated May, 2014. M&M further describes the smart

lighting industry as “involving the use of lighting control systems that deliver correct amounts of

light when needed. It deals with the technology where lights can automatically perform various

operations at set times or under set conditions. It makes use of intelligent light control systems to

control light based on various parameters such as amount of natural/daylight, occupancy,

movement, etc.“ It has been estimated that energy efficiency is improved by >90% when an

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 9

intelligent LED lighting system replaces a conventional, HID-based system and 40-50% versus

fluorescents.

Primary products serving the LED C&I lighting space include troffer, recessed and other

commercial/office lighting systems, as well as low bay and high bay industrial lighting and control

systems for applications including warehouses, manufacturing facilities, big box retail stores, food

processing facilities, corporate lobbies, etc. In discussions with market research firm Strategies

Unlimited prior to publication of their LED Luminaire market forecast, the LED luminaire-only

portion for the above C&I markets was estimated to be $4-5B in 2013, with significant growth

driven by smart lighting by 2015-16. Based on triangulation from multiple market sources,

including the above referenced firms in addition to the U.S. DoE’s SSL Multi-Year Program Plan

dated May, 2014 and related reports from Gartner Research and Yole Developpement in 2013,

Alumage Advisors estimates the LED C&I smart lighting market segment to be $11-14B by 2020.

Market drivers facilitating the growth of the LED C&I smart lighting market include a confluence of

factors such as:

Rising costs of energy and taxed energy

Energy efficiency mandates such as Title 24 in California, 20/20/20 in Europe, etc.

LED-related government and utility rebates

Next gen, “smart” LED luminaires providing up to 90% energy efficiency

Annual, double-digit price reductions in LED luminaires

Increased luminaire warranties to 5-7 years and 70%+ lumen longevity to 100,000+ hours

Corporate green initiatives, social responsibility, public relations, etc.

LED color quality facilitating improved employee productivity, retail shopper relaxation, etc.

With LED luminaire pricing and rebate packages providing 12-18 month paybacks for purchased

systems, financing alternatives requiring no capital outlays, ESCOs sharing the value of energy

savings, etc., market prognosticators remain bullish regarding the overall growth of the LED Smart

Lighting market.

Some intelligent LED lighting companies, such as Digital Lumens and others, have also begun to

include the LED C&I smart lighting segment as part of the Industrial Internet of Things (IIoT) space,

while research firm Memoori has published a report Q4’2014 describing an $85B global market by

2020 for the Building Internet of Things (BIoT), of which lighting controls and LED C&I lighting

comprise a significant segment. The global market appears poised to embrace the features and

energy efficiency benefits of LED smart lighting on a pervasive basis.

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 10

7. Other Potential Licensing Opportunities

In addition to specific markets referenced in the Evidence of Use and LED Lighting Market sections,

The Gestion Proche patent portfolio has direct application in the following areas:

Garage & Canopy Lighting

Subway & Railway Tunnel Lighting

Stairwell Lighting

Indoor Sport Venue Lighting

Hazardous & Explosion Proof Lighting

The majority of the EOU companies and those identified in Appendix C and D also offer some

combination of potentially infringing LED lighting and controls products for the above applications,

in addition to the C&I applications described in Section 1.

8. Patent Assertion in the LED Space

Given the wide array of opportunities in the LED space and the huge size of the worldwide lighting

market, competition is fierce. Nowhere is this more apparent than in the LED patent space. Now,

more than ever, LED giants are using their strong patent portfolios to create market barriers and

command market share. In January 2012, over 100 US and WIPO patent applications were

published on a single day (January 26th). These patents range from Lunavation’s LED dimming

devices (US20120019161A1) to Sharp’s substrate production methods (WO2012011258A1) to

Konica Minolta’s new phosphor materials (US20120018761A1).

Though a cross-licenses may exists for basic LED chip technology, companies still have plenty of

room for technological innovation and competition surrounding LED dimmers, LED lamp designs,

LED tubes to replace fluorescent tubes, remote phosphor innovations, and new substrate

technologies. Just one look at the flourishing LED patent space is enough to quell most LED patent

disbelievers. The major LED firms do not hold back on asserting or defending themselves from

patents suits. Analysts from GreenTech Patent Edge predict that as the big players will seek market

power through patent assertion smaller players will leverage patents to carve out niche markets.

Color Kinetics, acquired by Philips for $791 million in 2007, has caused LED industry unrest with its

arsenal of smart control patents for LED lighting. Shortly after the acquisition, Color Kinetics and

Philips have merged their LED licensing programs. Artistic License, a UK manufacturer of control

systems for LED devices withdrew from the US market for three years due to potential patent

assertion from Color Kinetics. Only after a licensing deal with LED firm Super Vision did Artistic

License re-enter the US market. To fend off Color Kinetics, Super Vision went on an acquisition

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 11

spree, buying non-patented prior art assets as well as patents, relating to networked, centrally

controlled LED systems.

Color Kinetics has asserted almost 30 LED related patents in litigation, including those relating to

LED control systems, such as US Patent Nos. 7,737,643 (LED power control methods and apparatus),

7,659,673 (Methods and apparatus for providing a controllably variable power), 7,358,679

(Dimmable LED-based MR16 lighting apparatus and methods), 6,967,448 (Methods and apparatus

for controlling illumination). The firm prevailed in litigation against Super Vision, which had

spearheaded attempts by a group of LED firms to invalidate the Color Kinetics patents.

LED heavyweight Osram Sylvania is the defendant in 2 patent suits filed in the past year. The firm is

still entangled in litigation with Samsung from cases filed in 2011. In 2012, a US District Court let

Samsung substitute for Bluestone Innovations Texas as plaintiff against Osram in asserting a patent

initially asserted by Bluestone. Philips has an extensive LED patent licensing program that includes

300 agreements. Licensees Seoul Semiconductor, Lighting Science Group and Nexxus were once

Philips’ LED patent litigation adversaries. Cree has been involved in 17 patent lawsuits since 2005.

The firm has sparred back and forth with Cooper Lighting, SemiLEDS and Bridgelux in LED litigation.

GE Lighting Solutions has asserted patents against at least 5 defendants in the past 2 years.

Smaller LED entities, including NPEs, also seek competitive advantage and play defense in patent

assertion. After filing 7 LED patent lawsuits to carve out market position, Toggled has an impressive

line-up of outbound licensing arrangements with major LED firms. Toggled holds a total of over 75

LED patent assets. Light Transformation Technologies, an NPE subsidiary of Acacia Research, holds

10 patents and has asserted them against over 15 LED operating firms. Relume Corporation Trust,

an NPE, has asserted a patent in 3 lawsuits. The NPE may have access to 11 other patent assets held

by parent firm, Relume Technologies. Lighting Science Group filed for 71 LED related patent

applications in 2012, and is involved in over 12 patent lawsuits, including a half a dozen against

Philips. Lexington Luminance is an NPE, filing 5 patent lawsuits in 2012 over a single patent.

9. The Technology

The Gestion Proche patented Intelligent LED Lighting Control technology has been tested and

deployed commercially on several occasions (via its wholly owned subsidiary Dellux Technologies)

in Canada, Austria, Italy, Mexico and Germany. It provides a lighting system that maintains

appropriate lighting levels given the ambient lighting conditions. The way it works is very simple:

The system comprises a luminosity measuring means, a group of LEDs (fixtures) and a

controller that monitors the light levels in an area.

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 12

This light level is affected by the light from the groups of LEDs (fixtures), and any external

ambient light contribution from windows and skylights.

Illumination levels are adjusted by controlling the number of groups of LEDs (fixtures) that

are turned On or Off.

The essential advantage of this method is that during daylight hours, if windows or skylights are

present, some of the groups of LEDs (fixtures) can be turned Off allowing for increased energy

savings while still maintaining appropriate illumination.

In small areas, all fixtures may remain Off or turn Off even though the area is in use.

In larger areas, some of the fixtures may remain Off or turn Off during use of the area.

During nighttime hours, all the fixtures will turn On during use of the area.

10. Targeted Price

In view of LED market size and growth, very early priority date (2000), the international breadth of

the portfolio and current EOU, our pricing guidance is therefore in the high six to low seven figures.

11. Sale Structure and Submission Deadline

This portfolio is only offered to a limited number of potential buyers. Therefore, there is no formal

submission deadline for this portfolio and serious offers will be considered in the order they are

received. Assets will be taken off the market once a PPA has been executed and buyers will be given

a reasonable period to complete the closing.

12. Contact Information

For all inquiries, please contact Louis Carbonneau, CEO of Tangible IP, LLC, at:

By phone: +1 (425) 868-9280 (direct) or +1 425 213-7252 (mobile)

Via Skype: louis.carbonneau

By email: [email protected]

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 13

APPENDIX A

FULL LIST OF ASSETS BEING SOLD

Country Origin Filing Date

Filing # Pub/Issuance Pub or Issuance #

DE EP 12/19/2001 01 271788.0 7/2/2008 601 34 665.3 / 1 344 429

FR EP 12/19/2001 01 271788.0 7/2/2008 1 344 429

GB EP 12/19/2001 01 271788.0 7/2/2008 1 344 429

IT EP 12/19/2001 01 271788.0 7/2/2008 1 344 429

CA 2/14/2001 2 336 497 2 336 497 Still pending

CA 12/19/2001 2 365 695 9/28/2010 2365695

US 12/19/2001 11/590759 7/7/2009 7 557 524

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 14

APPENDIX B

SIMILAR POTENTIAL LICENSING OPPORTUNITIES

LIGHTING ESCOs AND LIGHTING SERVICE COMPANIES (LSCs)

(SOURCES: SELECTED COMPANIES FROM WWW.NAESCO.ORG, WWW.NALMCO.ORG,

U.S. DoE LIST OF QUALIFIED ESCOS, ALL OCTOBER, 2014)

LIGHTING ESCOS LIGHTING SERVICES LINKS

ABM Building & Energy Solutions ABM

AECOM AECOM

Aireko Energy Solutions Aireko

AMERESCO AMERESCO

Clark Energy Group Clark Energy

ConEdison Solutions ConEdison

Constellation Constellation

CTS Group CTS Group

Energy Systems Group ESG

Excel Energy Group Excel Energy Group

Honeywell Lighting Solutions Honeywell Lighting

Johnson Controls Lighting Services Johnson Controls

Pepco Energy Pepco Energy

Schneider Lighting Control Services Schneider

LIGHTING SERVICE COMPANIES LIGHTING SERVICES LINKS

A&K Energy Conservation A&K

A1 Lighting Service A1

Advanced Power Technologies Advanced Power

Aetna Lighting Aetna

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 15

Ampro Ampro

Atlantic Energy Concepts Atlantic Energy

Beacon Electric & Lighting Beacon

Century Lighting Century

Colorado Lighting Colorado Lighting

Commercial Lighting Commercial Lighting

DECA Southwest DECA

Earthwell Energy Management Earthwell

ECO Engineering ECO

ECO Lighting Services ECO Lighting

Energy Management Systems Energy Mgmt

Energy Network Services ENS

Environmental Lighting Service ELS

Facility Solutions Group FSG

Fluorescent Maintenance Company FMC

Fluoresco Fluoresco

Focus Lighting & Controls Focus

General Lighting General Lighting

GEXPRO GEXPRO

Imperial Lighting Imperial

Kornhaus Electric Kornhaus

L&S Enterprises L&S

Lighting & Maintenance Providers Inc LMP

Lighting Service Inc LSI

Lighting Services Inc LSIs

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 17

APPENDIX C

SIMILAR POTENTIAL LICENSING OPPORTUNITIES

LED C&I LIGHTING MFRS W/CONTROLS AND/OR INDIVIDUAL CONTROLS COMPANIES

(SOURCES: ALUMAGE ADVISORS LED HIGH BAY REPORT & WWW.LCA.ORG, OCTOBER, 2014)

LED C&I LIGHTING MFRS WITH CONTROLS CORPORATE/DIVISION LINK CONTROLS LINK

Appalachian Alled Controls Link

BSS LED (UK) BSS LED Controls link

Cree Cree Controls Link

Helius Illumination Helius Controls link

Horner Lighting Group Horner Controls Link

Kenall Lighting Kenall Controls link

LSI Industries LSI Controls link

Luminis Luminis Controls link

Lunera Lunera Controls link

MaxLite MaxLite Controls Link

National Bright Lighting NBL Controls link

Neptun Lighting Neptun Controls link

Orion Energy Systems Orion Controls link

Precision Paragon Precision Paragon Controls link

Relume Technologies Relume Controls link

Revolution Lighting Revolution Controls Link

RLE Industries RLE Industries Controls Link

R World Energy R World Energy Controls Link

Sensity Sensity Controls link

Silian Lighting Silian Controls link

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 18

LIGHTING CONTROLS/LIGHT SENSOR COMPANIES CORPORATE/DIVISION LINK CONTROLS LINK

Adura Technologies Adura N/A

Commscope Commscope N/A

Cooper Controls Cooper Controls N/A

Daintree Networks Daintree N/A

Crestron Crestron N/A

Dimonoff Dimonoff N/A

Encilium Encilium N/A

GE Lighting Controls GE Lighting Controls N/A

Hubbell Building Automation Hubbell Automation N/A

Hunt Dimming Hunt Dimming N/A

Johnson Controls Johnson N/A

Kanepi Kanepi N/A

Legrand Legrand N/A

Leviton Leviton N/A

Honeywell Honeywell N/A

Lutron Lutron N/A

Philips Lighting Controls Philips Controls N/A

PLC-Multipoint PLC-Multipoint N/A

Schneider Electric Schneider Electric N/A

Sensor Switch Sensor Switch N/A

Siemens Siemens N/A

Universal Lighting Technologies Universal N/A

Wattstopper Wattstopper N/A

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 19

APPENDIX D

SIMILAR POTENTIAL LICENSING OPPORTUNITIES

OTHER LED C&I LIGHTING MANUFACTURERS

(SOURCE: ALUMAGE ADVISORS LED HIGH BAY REPORT, OCTOBER, 2014)

LED C&I LIGHTING MANUFACTURERS CORPORATE/DIVISION LINK

Aleddra Aleddra

ATG Electronics ATG

Atlantic Lighting Atlantic Lighting

AZZ Rig-A-Lite

Barron Lighting Barron

BDS Industrial NightSky LED

Beta-Calco BetaCalco

BravoLED BravoLED

Brillianz Brillianz

Cireon Cireon

Cool Lumens Cool Lumens

Constellation Lighting Constellation Lighting

Coronet LED Coronet LED

Dascom/SonaRay Dascom

Detas Detas

Differential Energy Differential

Dongbu Lightec Dongbu Lightec

EiKO EiKO

Electronic Lighting Systems ELS

E-lite Star e-litestar

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 20

EmberLED EmberLED

Eneltec Eneltec

Energetic Lighting Energetic

Energreen Technologies Energreen

Energy Bright Energy Bright

Ephesus Lighting Ephesus Lighting

ESCO Lighting ESCO Lighting

EYE Lighting EYE

Foxcon/LEDi2 LEDi2

G&G LED GGLED

Galaxia Electronics Galaxia

Global Tech LED GlobalTechLED

Howard Industries Howard

Hybra Energy Corp Hybra

Hyundai LED Hyundai

Illumis Lights Illumis

Illumitex illumitex

Indatech Lighting Indatech

Independence LED Independence LED

Industrial Lighting Products ILP

Jaykal Jaykal

Jiangsu Sun & Moon Lighting Jiangsu Sun & Moon

Jiao Guang Group Jiaoguang

KMW Inc Giga Tera

Kurtzon Lighting Kurtzon Lighting

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 21

Lamar Lighting Lamar

Lamp Elves Lamp Elves

LDPI LDPI

Leader Light Leader Light

LED International Lighting LED International

LED Waves LED Waves

Leotek Leotek

Light Efficient Design Light Efficient

Light Emitting Designs LED

LiLEDs LilEDs

LumaVue Luma Vue

Lumax Lighting Lumax

Lumenor Energy Lumenor

Lumens Co Ltd Lumens Co

Lumisave Lumisave

Lux Evo Lux Evo

Maxgreen LED Maxgreen

Meteor Lighting Meteor

Minglight Minglight

Modular Systems Modular Systems

Noribachi Noribachi

Norman LEDs Norman

OK LED Lighting OK LED

Paraflex Paraflex

POSCOLED POSCOLED

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 22

ProTerra LED ProTerra

PrufLED PrufLED

QSSI QSSI

RAB Lighting RAB Lighting

S3J Electronics S3J

Samsung LED Samsung LED

SANSI SANSI

Seesmart Seesmart

SFT International SFT

SIMKAR SIMKAR

SimplyLEDs SimplyLEDs

SMC LED SMC LED

Spectrum Lighting Spectrum Lighting

Startek Startek

Sunpark Electronics Sunpark

The Light Edge The Light Edge

Titan LED Titan

TraStar Trastar

UIC Energy UIC

US LED US LED

VaOpto VaOpto

Vision Engineering Vision

Xeleum Lighting Xeleum

Xing Henglong Xing Henglong

Xtralight Xtralight

© 2013-2014 Tangible IP, LLC. All Rights Reserved. 23

Yaham Lighting Yaham

Yamaxsu Yamaxsu

Zenaro/Everlight Zenaro

ZONLED ZONLED