Bridgelux Named Winner Of 2010 Bourne Technology Award

Award From El Dorado Ventures Recognizes Bridgelux’s Leadership in the Development and Manufacture Of Innovative and Energy-Efficient Solid-State Lighting Solutions

MENLO PARK, Calif.–(BUSINESS WIRE)–El Dorado Ventures has awarded the 2010 Bourne Technology Award to Bridgelux, Inc., a leading developer and manufacturer of innovative, energy-efficient solid-state lighting solutions.

The Bourne Technology Award is presented annually by El Dorado Ventures to recognize companies that develop and deploy unique technology with demonstrated customer impact. The award is named for Steve Bourne, Chief Technology Officer of El Dorado Ventures, who is internationally known for his work on the UNIX system while at Bell Laboratories, where he designed the popular UNIX command language known as the “Bourne Shell.”

Bridgelux is a leading developer and manufacturer of technologies and solutions transforming the global lighting industry. The company delivers compact, energy efficient integrated LED based lighting solutions, reducing the design complexity and solution cost for their lamp and luminaire customers. Bridgelux’s LED Array portfolio delivers high quality lighting with performance ranging from 240 to 4500 lumens, enabling the replacement of many high-volume conventional light sources such as incandescent, halogen, fluorescent and high intensity discharge (HID) lamps for interior and exterior lighting applications. Bridgelux LED arrays contain proprietary technology at the EPI, chip and packaging level, enabling the industry’s lowest thermal resistance with excellent color control and consistency in an easy to use plug and play product.

In his award presentation to Bridgelux, Bourne noted that the company had pioneered significant innovations in the chip layer, wiring patterns and packaging that drive down the cost and improve the energy efficiency of LED lighting systems. With more than 275 patent applications filed or granted worldwide, Bridgelux is the only vertically integrated LED manufacturer and developer of solid-state light sources that designs its solutions specifically for the lighting industry.

“We thank Steve Bourne and El Dorado Ventures for their support of the development of Bridgelux’s industry-leading technology,” said William Watkins, CEO of Bridgelux. “It means a great deal to the Bridgelux R&D team to receive this recognition and validation.”

“Bridgelux has made significant technical advances,” said Bourne. “They have brought to market innovative lighting solutions using leading-edge technology to reduce energy consumption while improving lighting quality.”

About El Dorado Ventures

El Dorado Ventures (EDV) is a leading entrepreneur-focused, early-stage venture capital firm with over two decades of success. Entrepreneurs see EDV as a trusted investment partner who shares their vision and helps them succeed by providing ongoing strategic guidance and access to a wealth of industry contacts. With $750 million in capital under management, the firm invests in disruptive technologies and business models in emerging and high-growth markets, across a broad range of sectors including software, technology-enabled services, communications and emerging technology. El Dorado’s early-stage investments have included Compellent Technologies, Cyras Systems, EarthLink, Efficient Networks, Novellus and NuSpeed Internet Systems. Numerous EDV portfolio companies have gone public or been acquired by major technology companies including AT&T, Ciena, Cisco Systems, nVidia, Siemens, Texas Instruments and Yahoo. For more information, please visit www.eldorado.com.

About Bridgelux

Bridgelux is a leading developer and manufacturer of technologies and solutions that will transform the $40 billion global lighting industry into a $100 billion market opportunity. Based in Livermore, CA, Bridgelux is a pioneer in solid-state lighting (SSL), expanding the market for light-emitting diode (LED) technologies by driving down the cost of LED lighting systems. Bridgelux’s patented light source technology replaces traditional technologies (such as incandescent, halogen, fluorescent and high intensity discharge lighting) with integrated, solid-state lighting solutions that enable lamp and luminaire manufacturers to provide high performance and energy-efficient white light for the rapidly growing interior and exterior lighting markets, including street lights, commercial lighting and consumer applications. With more than 275 patent applications filed or granted worldwide, Bridgelux is the only vertically integrated LED manufacturer and developer of solid-state light sources that designs its solutions specifically for the lighting industry. For more information about the company, please visit www.bridgelux.com.

El Dorado Ventures
Jon Greer, 510-547-7123
or
Bridgelux, Inc.
Brian Fisher, 925-583-8563