news digest ♦ LEDs
James McKenzie, Group Chief Executive, comments, “I am delighted that David is joining us. He has considerable commercial experience and expertise in a wide range of relevant operational areas including manufacturing, IT, HR, company secretariat and legal in addition to finance. We continue to grow rapidly, and thus David will help us achieve that growth in a controlled manner. We welcome him on board.”
Disclosures required pursuant to paragraph (g) of Schedule 2 of the AIM Rules: David John Holloway, 62, currently holds, and has during the last five years immediately preceding the date of this announcement held, the following directorships or partnerships:
Holloway was a director of Datrontech Group plc from 1999 until it was placed into receivership in 2001. There are no further matters to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules.
PhotonStar LED Group’s proprietary technology seamlessly integrates LEDs, sensors and controls to provide intelligent lighting for commercial and architectural applications which benefit from greater CO2 reduction, lower cost of ownership & improved functionality compared to other available light sources. PhotonStar says its lighting products have 90 percent less embodied CO2 than equivalent products providing the same levels of illumination.
BluGlass proposes to buy out SPTS EpiBlu shares
Australia’s BluGlass intends to use 5 percent of its enlarged share capital to buy out the U.K.’s SPTS shares in EpiBlu. This is a joint venture between the two companies and is focused on LED growth using RPCVD
BluGlass has made a proposal (the “Capital Restructure”) regarding reorganisation of capital within the company.
BluGlass is an innovator in Remote Plasma Chemical Vapour Deposition (RPCVD) which it uses in the growth of LEDs and solar cells. The company is based in Sydney, Australia.
The first proposal involves the sale of all of the 70
www.compoundsemiconductor.net October 2012
shares in its LED joint venture, EpiBlu, held by SPTS Technologies UK Limited (SPTS), to BluGlass.
The second is the issue of 15,973,678 fully paid ordinary shares in the capital of BluGlass to SPTS, which equates to 5 percent of BluGlass’ enlarged share capital.
Shareholders have been asked to vote as to whether they accept the Capital Restructure.
BluGlass stresses that an independent expert has concluded that the capital restructure is fair and reasonable to shareholders not associated with SPTS.
U.S. gives BluGlass RPCVD LED patent the green light
The Sydney based innovator of LED and solar cell growth using Remote Plasma Chemical Vapour Deposition can now grow in the U.S., Europe, Japan, Korea and China
Australian clean-tech innovator BluGlass has announced that its patent US2008272463, “Method and apparatus for growing a group (III) metal nitride film” has now been allowed in the U.S.
This patent, once granted in the coming weeks, brings the company’s international patent portfolio up to 16 granted patents in key semiconductor markets including the U.S., Europe, Japan, Korea and China.
These patents help to provide the company with broad protection of its Remote Plasma Chemical Vapour Deposition (RPCVD) technology and underpin the commercial opportunities for BluGlass in the production of high efficiency semiconductor devices such as LEDs and solar cells.
BluGlass says its RPCVD technology has many advantages over conventional manufacturing technologies such as MOCVD. It is a lower temperature process which leads to potential performance and cost advantages in the production of LEDs and solar cells.
RPCVD vs MOCVD
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