Market Opportunity

Until recently, the world of lighting had seen very few innovations since Thomas Edison's time. With the advent of the incandescent bulb, electric light replaced gas lamps and set off a productivity revolution. However, society paid little heed to the amount of energy being consumed. As energy costs continue to increase and as we become more aware of how our energy use impacts the environment and the world, identifying and commercializing more efficient light sources has become critical.

Enter the LED, a lighting technology poised to change the world.

According to a February 2010 DOE report, the projected energy savings from 2010-2030 as a result of LED lighting systems is estimated to total 1,488 terawatt-hours, representing $120 billion at today's energy prices. With the widespread adoption of LEDs into general lighting applications, these savings would reduce greenhouse gas emissions by 246 million metric tons of carbon.

It's no wonder that in the $100 billion lighting industry, LEDs are the fastest growing segment, projected to reach $8.2 billion in 2010 and $20.2 billion by 2014. This rapid growth is a direct result of the key benefits LEDs offer: a long life of 50,000 hours (compared to 1,000 hours for incandescent lights), significant energy savings, better quality light output, safety (LEDs are low voltage, cool to touch, and do not contain mercury) and durability.

A key challenge with LEDs has been the development of phosphors that provide high quality white light. Intematix has met this challenge with our comprehensive line of patented phosphors available for direct sales to customers, and we have deployed our phosphors into our LED product lines. Our LED components, boards and light sources all leverage the unique color control of emitted white light afforded by our phosphors. With these products, Intematix is poised to play a pivotal role in the growing LED industry.