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Seoul Semiconductor Signs License Agreement With Professor Rothchild Agreement Assures Unrestricted Sales of Company’s LED Products in the U.S.

SOURCE:

Seoul Semiconductor

2008-04-08 07:00:00

Seoul Semiconductor Signs License Agreement With Professor Rothchild

Agreement Assures Unrestricted Sales of Company’s LED Products in the U.S.

SEOUL, KOREA–( EMWNews – April 8, 2008) – Seoul Semiconductor, one of the

world’s leading LED manufacturers, signed a license

agreement with Professor Gertrude Neumark Rothchild of the

United States in early April 2008. Professor Rothchild,

formerly with Columbia University, filed a complaint in the

United States International Trade Commission (US ITC)

against 34 companies on February 19, 2008.

“With the license agreement, Seoul Semiconductor is able to

provide unrestrictive sales of LED products in the U.S.

market, providing further assurance to our vendors and

customers,” according to a spokesperson for Seoul

Semiconductor.

The spokesperson further added that “Seoul Semiconductor is

a strong proponent of protecting its intellectual property

rights and respects the intellectual property right of other

companies. This is evidenced by our recent successes in

protecting our IP rights in a number of lawsuits in Korea

and by us signing a patent license agreement with Itswell

Co., Ltd. just last month.”

Seoul Semiconductor has continued to invest in research and

developments to strengthen its patent portfolio for the past

15 years, and currently, Seoul Semiconductor possesses

approximately 2,000 LED-related patents worldwide. In

addition, Seoul Semiconductor has signed numerous license

agreements and strategic partnerships with universities,

laboratories and companies in the LED industry.

About Seoul Semiconductor

Seoul Semiconductor, the world’s leading LED manufacturer,

has been named to Forbes and BusinessWeek’s lists as one of

the most promising Asian companies. Its product, Acriche,

was named as “Product of the Year 2006” by Elektronik, one

of the most prestigious electronics magazines in Europe.

Seoul Semiconductor’s primary business areas are LED

packaging and custom module manufacturing. It provides a

full range of LED products including AC-driven semiconductor

light source, Acriche, High-brightness Power, Side View,

Top, Chip, Lamp and High Flux LEDs, and custom type modules.

Applications for the company’s LED products include general

lighting, signage, back lighting for mobile phones, TVs,

notebook computers, automotive lighting, home appliances,

signals, etc. Seoul Semiconductor reported US$290 million in

sales in 2007. It has 1,443 patents and 264 licenses as of

December 2007. Seoul Semiconductor has 25 branches including

3 overseas corporate offices. Its products are also

represented worldwide by more than 90 distributors.

For more information, please contact:

Daniel Park
Seoul Semiconductor
Tel: +82-10-3064-0730
E-mail: [email protected]

Josie Lee
Brodeur
Tel: 1-602-808-1162
E-mail: [email protected]

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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