GE Lighting Solutions and Dongbu Lightec Settle Patent Infringement Lawsuit

[Kgirl]

EAST CLEVELAND, Ohio, Dec 21, 2011 (GlobeNewswire via COMTEX) -- GE Lighting Solutions, LLC GE -0.53% , today announced the settlement of a patent infringement lawsuit filed in May 2010 against Dongbu Lightec, formerly Fawoo Technology. GE Lighting Solutions is part of the GE -- Appliances & Lighting business unit of General Electric Company.

The settlement terminates a pending action before the court regarding allegations of Dongbu Lightec's infringements of US Patents 6,799,864 and 6,787,999 that cover, among other things, light-emitting diode (LED) lamp heat sink designs and systems and methods for efficiently replacing existing lamps with such designs. The specific terms of the settlement will remain confidential, but as part of the agreement, Dongbu Lightec has agreed to a license from GE Lighting Solutions under the aforementioned patents.

"We are pleased with this settlement, which demonstrates our commitment to defending GE Lighting Solution's intellectual property across the globe," said Jaime Irick, President and CEO of GE Lighting Solutions. "The '864 and '999 patents cover technology important to the long-life operation of LED-based lamps. GE Lighting Solutions is offering non-exclusive licenses to the '864 and '999 patents to interested parties."