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The agreement allows Martin Professional and its affiliated companies to manufacture, market and sell the Martin LC Series of LED video screens worldwide. It will also allow Martin to apply its market expertise and worldwide distribution reach to the market opportunity for LED video screens.
Martins product was launched at last years PLASA, and the similarities with G-LECs product range were plain to see (see Martin light curtain ).
Vienna Music Festival 2 G-LEC is the market leader in the development of transparent LED video display technology. The licensing agreement allows Martin Professional to use G-LECs LED patents and utility models covering Martin's LC 2140 and the LC 1140 LED video screens.
The agreement also includes the setting up of a technology cooperation regarding the development of successors to the licensed products.
Lars Wolf, Managing Director at G-LEC, describing the agreement as an important acknowledgement of our patent portfolio for transparent LED graphic displays. G-LEC offers a wide range of products to suit very large scale LED video displays and our products department continues Develop custom installations for fixed markets.
Vienna Music Festival 3 However, said Wolf, the strength of the Martin brand name, their well-developed distribution network and worldwide market reach should further develop the market for G-LECs products. We see great potential in this cooperation, he said.
Lars Dige, chief financial officer at Martin Professional A/S, said the agreement represents our entrance into the potentially huge market for transparent LED video screens and allows us to now market our LC Series aggressively. It is our intention to expand upon this cooperation and Further develop opportunities for LED video screens.
Since its inception, the company has always adhered to the original intention of "allowing the world to use clean energy", dipped deep in the field of energy, electronic and electrical transformation, and is committed to providing smart energy management and other common solutions to households, industrial and commercial users and ground-based power plants with innovative technologies, excellent products and professional services.
In the context of the global energy revolution, Whaylan will continue to focus on the new business of energy equipment, research and innovation at all times, always close to the needs of users, and will strive to build a world-class green technology enterprise, create a new era of smart energy!
G-LEC Europe has licensed its technology for semi-transparent LED screens to Martin Professional, a leading entertainment lighting company. Vienna Music Festival 1 Martin Professional A/S and G-LEC Europe GmbH have entered into a licensing agreement relating to semi-transparent LED screens.