August 01, 2014 2:25 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of Bridgelux, Inc.

Company Overview

Bridgelux, Inc. develops and manufactures light-emitting diode (LED) lighting technologies and solutions for the lighting industry worldwide. It offers miniaturized LED arrays, blue and green LED chips, high flux density light sources, and sustainable solid state lighting modules to integrate precision lighting with a socketed solution. The company has a strategic technology collaboration with Toshiba Corporation. Bridgelux, Inc. was formerly known as eLite Optoelectronics, Inc. and changed its name to Bridgelux, Inc. in April 2006. The company was founded in 2002 and is headquartered in Livermore, California.

101 Portola Avenue

Livermore, CA 94551

United States

Founded in 2002

Phone:

925-583-8400

Fax:

925-583-8401

Key Executives for Bridgelux, Inc.

Chief Executive Officer
President
Founder
Chief Financial Officer
Age: 48
Chief Operating Officer
Compensation as of Fiscal Year 2014.

Bridgelux, Inc. Key Developments

Bridgelux Announces Expansion of V Series Line of LED Chip on Board Products

Bridgelux to introduce its new V10 and V15 LED array products at Light Fair International (LFI) 2014 show in Las Vegas, further expanding its V Series(TM) line of LED Chip on Board light sources. These cost-effective products extend the technology and performance of the highly regarded Bridgelux(R) Vero(TM) line of LED arrays, featuring high flux density in small light source size packages. The V10 and V15 products are particularly well suited for commercial and residential lighting markets requiring high quality and tight beam control. Since the launch of the V Series(TM) product line in September 2013 the technology has seen tremendous adoption shipping millions of units in only seven months on the market, in more than 20 countries, representing a quarterly growth rate of 52%. In addition to providing high quality light with high flux density, the Bridgelux V10 and V15 LED light source products offer a compelling total cost of ownership advantage over incandescent, halogen, and fluorescent technologies with greater energy efficiencies and a projected lifetime of over 20 years. The V10 and V15 products produce up to 118 nominal lumens per watt (Lm/W). Typical applications for the V10 and V15 light sources include down lights, track and spot lighting, and landscape lighting with V15 being an ideal replacement for 35W ceramic metal halide luminaires. Nominal lumen outputs range from 1,000 to 3,000 lumens for V10 and V15 respectively. The V10 and V15 chip on board LED products are available in variety of CCT and CRI options and are compatible with optics, drivers, and holders readily available from third party suppliers. With more than 9,000 hours of LM80 test data and R9 values that exceed California Energy Commission requirements for luminaires and lamps, these new V Series arrays support Energy Star and other rebate programs while also including ANSI compliant 3-step binning, thereby reducing SKUs while bringing consistent high quality white-point light to this new segment.

Bridgelux Unveils the Bridgelux Outdoor Lighting Module

Bridgelux, unveiled the Bridgelux Outdoor Lighting Module (OLM); a new line of LED sub-systems which integrates optics, environmental protection and the LED source for roadways, parking garages and other outdoor and industrial applications. OLM will allow manufacturers to rapidly expand their product lines while lowering costs. Outdoor applications, including roadways, parking lots and flood lighting are some of the fast growing segments in the industry. According to McKinsey & Company, LED based outdoor lighting solutions are expected to grow from 6% of the market (USD 10 billion) to 74% by 2020. The new Bridgelux OLM Series incorporates a number of key technology advancements and features that will help luminaire manufacturers develop a broad range of differentiated outdoor lighting products with lower total costs, fast time to market, and energy efficacy. The Bridgelux OLM Series is a reliable and efficient platform that integrates a number of fundamental components for building solid-state luminaires into a single sub-system. OLM reduces product development time by three to six months, eliminating up to $100,000 in R&D expenses. Building solid-state fixtures with OLM can reduce manufacturing time by five to seven days.

Bridgelux, Inc. Presents at 8th Annual Deutsche Bank Clean Tech, Utilities & Power Conference, May-12-2014

Bridgelux, Inc. Presents at 8th Annual Deutsche Bank Clean Tech, Utilities & Power Conference, May-12-2014 . Venue: The Waldorf Astoria, New York, New York, United States.

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