2012-05-23

Onteco Corporation Signs First International License Agreement for Cutting-edge NexPhase LED Intellectual Property

Onteco Corporation has announced to negotiate additional international licensing agreements with potential LED manufacturers in several countries for its cutting-edge NexPhase Intellectual property. on April 30th, Onteco Corporation has signed its first international license agreement with JARLYN S.A, a Uruguayan corporation, for its proprietary LED intellectual property ("IP"), developed by its subsidiary, NexPhase Lighting, Inc., dedicated in LED "intelligent" lighting development. As compensation for the license, the Company is t...
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