July 9, 2007
Billerica, Massachusetts – Luminus Devices, Inc. today announced that it has moved its corporate headquarters to an expanded facility located in Billerica. The new headquarters will be used for housing its engineering, assembly and test operations, as well as its corporate offices. The semiconductor foundry will remain in Woburn, Massachusetts.
The new building will house Luminus’ expanding manufacturing operations to help meet increased demand for its PhlatLight™ LED products, and will accommodate its growing staff of scientists, engineers and manufacturing personnel. The building is located in Technology Park, a prestigious business campus in Billerica. Luminus will initially use 45,000 square feet of this building but will retain its 30,000 square-foot manufacturing facility in Woburn.
“A larger facility for Luminus has been long overdue, with the growth of our company and the need to ramp up manufacturing capacity as we expand into new applications,” said Udi Meirav, CEO of Luminus Devices, Inc. “The new facility will be essential as we enter our next phase of growth. We will continue to operate in Massachusetts and believe Billerica is an ideal environment for a rapidly expanding company like Luminus, thanks to excellent infrastructure and a fantastic workforce in and around our new hometown.”
Luminus’ PhlatLight products have been adopted by some of the world’s leading consumer electronics manufacturers, including Samsung Electronics and LG Electronics. This adoption, as well as its more recent expansion into new applications, has driven a stream of new hires. Luminus has created 175 local jobs over the last four years and will continue to expand its workforce. New growth is expected to come from the company’s expansion into a variety of new applications, including backlights for LCD TV, video projectors, avionics displays, and LED- based lighting systems.
About Luminus Devices
Luminus Devices, Inc. develops and manufactures high performance solid state light sources customized for a variety of applications, including high definition TVs, video projectors, avionics displays, and lighting systems. Its PhlatLight™ (Photonic Lattice) LED products are the brightest and most versatile solid state light sources available today and are enabling innovative products and applications never before possible. Luminus Devices’ headquarters and primary manufacturing facilities are located in Billerica, Massachusetts, U.S.A. For more information, visit www.luminus.com and www.phlatlight.com.
For more information, contact:
Bree Clidence or Jill Colna
SVM Public Relations
760-940-9025 or 401-490-9700
bree.clidence@svmpr.com or jill.colna@svmpr.com
Note to editors: PhlatLight is a trademark of Luminus Devices.
