Ultravision International, a US-based manufacturer and distributor of LED displays and LED lighting, and American Lighting Technologies, dba Lighting Technologies, have reached a mutual agreement to resolve Ultravision v Lighting Technologies and dismiss two patent infringement litigations pending in the U.S. Court for the Eastern District of Texas.
|
(Image: Ultravision International) |
As part of the settlement, Ultravision agreed to license Lighting Technologies certain patents pertaining to LED lights for use in the billboard industry. Both companies currently offer a range of LED lighting products that provide for uniform illumination of outdoor billboards, reduced cost for operation, and increased longevity.
"We are pleased to resolve this patent infringement litigation and look forward to licensing Ultravision's technology in LED lighting products to Lighting Technologies for their customers across the country," said William Hall, CEO and co-founder of Ultravision International. "We intend to aggressively pursue any companies that infringe on our patents."