TRACY® patent: Approved in China, ready for national registration in selected European countries

WED, OCT 28, 2020 11:00 CET

The primary patent for LED iBond’s flagship product Tracy®, “the Electrical Supply Module patent”, has been approved by the China National Intellectual Property Administration (CN108700284). The approval ensures solid protection of LED iBond International’s (LED iBond) Tracy®-related IP in the Chinese market.

Furthermore, for the European patent process, LED iBond has chosen its home markets and the most important European markets for national registration of the Electrical Supply Module patent (EP3403024). Thus, LED iBond will register the patent in the following eight EPC countries:

  • Denmark
  • Sweden
  • Norway
  • Finland
  • Germany
  • Switzerland
  • UK
  • France

Referred to as Patent Family 5 in LED iBond’s prospectus of 20 May 2020, the Electrical Supply Module patent protects both the construction of Tracy® and the Tracy® system, including the integration of LEDs as well as other electronic components in the Tracy® panel, the low voltage power supply function and the “model railway” concept for connecting Tracy® panels.

Lars Frederiksen, CTO of LED iBond, says:

– It is the uniqueness of LED iBond’s technology that keeps us ahead of our competitors. That is why patents are a key element of our business strategy. So I am very pleased indeed that one of our most important patents, the Tracy® patent, has been approved in China and that we are ready to implement the patent in the European market. We will continue our patent activities to protect our leading position in the marketplace – for Tracy® as well as for our products for disinfection and vertical farming.”

The status of the Electrical Supply Module patent in USA and India as reported in LED iBond’s prospectus is unchanged; the patent has already been granted in USA, while it is pending in India.

Further Information

Rolf H. Sprunk-Jansen, CEO
Mobile: +45 2020 3005
Email: rsj@ledibond.com

Company contact
LED iBond International A/S

Agern Allé 5A
2970 Hørsholm
Denmark

CVR 36041609

+45 7070 7855
info@ledibond.com
www.ledibond.com

Certified advisor contact
Per Lönn
Telephone: +46 40 200 250
Email: per.lonn@vhcorp.se

Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden

About LED iBond International A/S

Founded in 2014, LED iBond International offers innovative solutions for integrating light and data, based on the company’s deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED basis available, offering a unique value proposition combining total design flexibility, full IoT integration and low total costs of ownership. LED iBond’s technology has been deployed in many projects, ranging from intelligent shelf lighting to large scale indoor illumination projects such as the installation of 3.2 kilometres of Tracy®, the company’s innovative flagship product, at DTU, the Technical University of Denmark.

Due to the data transfer capabilities, superior form factor and cooling properties of the technology platform, LED iBond is focusing on three key markets: smart housing, UV disinfection and vertical farming, all projected to show significant growth in the years to come.

TRACY® patent: Approved in China, ready for national registration in selected European countries