TWST: Would you give us a brief history and an overview of BridgeLux?
Dr. Walker: The company was started in late 2002 and received its
initial funding in late 2003. We received our Series B investment in May
2005. We are a US-headquartered company and are in the high-power LED
space, which is making light-emitting diodes for solid-state lighting
applications.
TWST: What are the applications of your products?
Dr. Walker: It ranges everywhere from mobile applications such as
backlighting for LCD displays in cell phones and LCD displays for DVD
players and moving into laptop computers today, to various kinds of
architectural lighting and niche lighting applications such as
flashlights or accent lighting in buildings, freezer lights in the
frozen food case in supermarkets, and new applications. But eventually
it moves into replacing the traditional Edison lightbulbs.
TWST: How long has this concept been advanced in the marketplace and
what is its adoption rate?
Dr. Walker: People have thought about it for 20 or 30 years. It really
started to become a realistic possibility in the mid- to late 1990s, and
by about 2000 many of the different governments around the world started
to adopt roadmaps and targets for adoption of sold state lighting The
adoption rate is growing quickly. Today, the kind of traditional
lighting segments have not been penetrated such as home lighting or
industrial lighting. LCD displays in mobile phones are completely done
with LEDs. It is, as I mentioned, starting to move into the seven-inch
kind of DVD players. I think most people would expect to see significant
adoption of solid-state lighting for traditional room lighting, whether
it's industrial, commercial, or residential, probably by about 2010 to
2015 time frame, over the next decade.
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