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TOGGLED Licenses Philips to TLED Patent Portfolio

Troy, Mich., Jan. 22, 2015 – TOGGLED, developer and producer of next-generation solid-state lighting technology, reported today that Koninklijke Philips N.V. (NYSE: PHG AEX: PHIA) is now a licensee to its patent portfolio of over 60 patents primarily related to LED replacements for fluorescent tubes, commonly referred to as TLEDs. The license agreement resolves all patent litigation between TOGGLED and Philips.

To learn more about TOGGLED’s licensing program and to become a TOGGLED licensee, please visit www.toggled.com/patents or email licensingprogram@toggled.com.

TOGGLED is a Michigan-based company and manufacturer of commercial-grade LED products for the replacement of fluorescent lighting. Leveraging the design and engineering strength of its parent company, Altair, TOGGLED is a global leader in TLED research and manufacturing efficiency of UL Classified, LM79-tested, FCC-compliant solid-state lighting. Highly engineered with impeccable quality, TOGGLED products significantly lower electricity costs and deliver a higher quality of light in office settings, industrial environments and living spaces.

TOGGLED products are Made in the USA of Globally Sourced Components and domestically supported ensuring the highest levels of customer service. To learn more, please visit www.toggled.com.

About Altair
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,300 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 45 offices throughout 23 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.

Media Contact:
Altair Corporate
Jennifer Korail

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