14.11.2005 Overview

OSRAM and Lednium sign License Agreement for White LED Technology

Osram GmbH, Germany, and Lednium, Melbourne, Australia, today announced they have entered into a Patent License Agreement covering the use of white LED patents owned by Osram GmbH. Lednium has acquired the rights to use the white LED technology in their Lednium series of LED lamp products.

Lednium's related unique products are multi-chip geodesic dome shaped LED lamps. The white LED technology developed by the Osram Opto Semiconductors subsidiary and being licensed by Lednium enables white LEDs to be produced with blue emitting InGaN (Indium Gallium Nitride) chips by using a suitable phosphor converter. Osram Opto Semiconductors hold a large number of patents relating to white LEDs and has previously signed licensing agreements with Nichia, Rohm, Everlight, Lite On, Stanley, Harvatek, Ya Shin, Vishay and Samsung Electro Mechanics.

"Our patent portfolio is the result of many years of research and development, and we are sure that both partners will profit from this agreement. With this new licence agreement, yet another global LED manufacturer has underlined the importance of our patent portfolio," quoted Dr. Rüdiger Müller, President and CEO of Osram Opto Semiconductors.

Along with the LED lamp products, there are numerous end product applications available, ranging from architectural lighting fixtures to automotive aftermarket assemblies such as tail lights and clearance lights. Lednium products have been designed and engineered to meet the highest of quality standards on an international level.

Lednium is proud to have won the coveted "Australian Government Engineering Innovation Award" in November 2004 for the new design and development of a Solid State Lighting (SSL) technology using Light Emitting Diodes (LEDs) as well as winning the "2004 Engineering Excellence Award for Research and Development" in Sydney in October 2004

About Osram
Osram Opto Semiconductors GmbH of Regensburg is a wholly owned subsidiary of Osram, one of the world´s two leading lighting manufacturers in the world. It offers its customers solutions based on semiconductor technology for lighting, sensor and visualization applications. The company employs more than 3,400 people worldwide and operates sites in Regensburg (Germany), San Jose (USA) and Penang (Malaysia). Sales for the year ending September 2004 totaled EUR 459 million, 11% of the total sales of Osram of EUR 4.2 billion. For more information, visit www.osram-os.com.

About Lednium
Lednium, a subsidiary of Avatar Industries Limited, is an innovative Australian based company, leading the world in LED lamp platform design in producing the world's first three dimensional LED lamp platforms and offers one of the brightest single source 3D LED lamp devices on the market. For more information please visit www.lednium.com