Acuity Brands to Work Exclusively with OLEDWorks to Develop an Expanded Portfolio of OLED Luminaires
Source: Nasdaq GlobeNewswire / 29 Apr 2019 08:15:01 America/New_York
Atalnta, GA, April 29, 2019 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI: NYSE) announced today plans to work exclusively with OLEDWorks, a leading manufacturer of organic light-emitting diode (OLED) lighting technology, on an expanded product portfolio of OLED luminaires. Acuity Brands, using OLEDWorks technology, intends to develop a series of affordable and innovative OLED luminaires for architectural lighting applications.
OLEDs are a thin sheet of light that create a gentle and diffuse illumination that is calm, soft and comfortable to view. Their ultra-thin form offers excellent visual quality and they are a natural fit for interior applications that can help enhance the occupant experience and the aesthetics of the space itself.
“We have worked with OLEDWorks and their OLED technology for years, and we’ve found it to be the superior OLED technology in the market. We’re excited about our collaboration,” said Rick Earlywine, Acuity Brands Lighting Senior Vice President, Architectural Lighting Solutions. “Over time, we see an advent of even higher luminance OLED panels and more form factor choices that will create interesting options for specifiers to light architectural spaces. This is a major step forward in forging new paths for OLED lighting.”
“Acuity Brands has been able to anticipate trends in the general lighting industry, and it was an early adopter of incorporating OLED technology for luminaires, capitalizing on the unique benefits OLEDs offer,” said Dave DeJoy, CEO of OLEDWorks. “They continue to be the leader in developing and delivering innovative, impactful lighting solutions. We are proud to be a partner with Acuity and look forward to advancing OLED lighting technology together. We bring to the table our innovative manufacturing facilities in Rochester, NY and Aachen, Germany, coupled with an exceptional concentration of pioneering OLED talent and proven technology advances in research and development.”
Acuity Brands will be showcasing the Olessence™ Slim luminaire from Peerless®, a new OLED product featuring OLEDWorks technology, at the 2019 LIGHTFAIRÒ International trade show, May 21-23, in Philadelphia, PA (Booth #1201). Olessence Slim luminaires balance OLED and LED lighting technologies to maximize beauty and performance in lighting while optimizing energy savings and cost.
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions. With fiscal year 2018 net sales of $3.7 billion, Acuity Brands currently employs approximately 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia. The Company’s products and solutions are sold under various brands, including Lithonia Lighting®, Holophane®, Aculux®, American Electric Lighting®, Antique Street Lamps™, Atrius™, DGLogik™, Distech Controls®, DTL®, eldoLED®, Gotham®, Healthcare Lighting®, Hydrel®, Indy™, IOTA®, Juno®, Lucid®, Mark Architectural Lighting™, nLight®, Peerless®, RELOC® Wiring, ROAM®, Sensor Switch®, Sunoptics® and Winona® Lighting. Visit us at www.acuitybrands.com
OLEDWorks is a global leader in the development and production of innovative organic light-emitting diode (OLED) lighting solutions. Founded in 2010 in Rochester NY by many of the original pioneers in the OLED industry, OLEDWorks creates reliable, beautiful and cost-effective OLED light engines that inspire architects, designers and manufacturers around the world.
By producing the world’s best performing OLED panels and combining rapid product innovation, OLEDWorks simplifies and enriches your illuminated space. Free from blue light hazards, OLED is the healthy and beautiful light solution. Sustainable and environmentally responsible, OLEDWorks’ OLED light engines enhance the well-being of our world and its inhabitants. www.oledworks.com
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