- 15.12.2010, 09:10:48
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EANS-Adhoc: Zumtobel AG / LG Innotek and Zumtobel Group conclude LED cooperation agreement
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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15.12.2010
LG Innotek, a subsidiary of the Korean LG Group, and the Austrian lighting
company Zumtobel Group have concluded a cooperation agreement in the field of
LEDs. The aim of cooperation is to transfer the successful high volume business
in LED backlights for LCD screens to the field of professional lighting.
The two parties will each be contributing their respective expertise in terms of
technology, applications and production. One aspect of particular importance
here is the use of LEDs as point light sources to produce flat-area lighting.
Both companies also plan to use their strengths to market innovative LED
products: In addition to its existing LED portfolio, Tridonic, the lighting
components brand within the Zumtobel Group, will also be offering LED products
from LG - above all LED modules and converters for professional lighting - via
its own sales channels.
Further inquiry note:
Pressekontakt Kontakt Investor Relations Astrid Kühn-Ulrich Harald Albrecht Head of Corp. Communications Head of Investor Relations Tel. +43-(0)5572 509-1570 Tel. +43-(0)5572 509-1125 astrid.kuehn@zumtobel.com harald.albrecht@zumtobel.com end of announcement euro adhoc
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issuer: Zumtobel AG Höchster Straße 8 A-6850 Dornbirn phone: +43/5572/509-0 FAX: +43/5572/509-601 mail: investorrelations@zumtobel.com WWW: http://www.zumtobelgroup.com sector: Technology ISIN: AT0000837307 indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English
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