16 Aug 2011

Austin, Texas-based LED developer Illumitex, Inc. has signed a strategic alliance agreement with Gerard Lighting Group Limited (ASX:GLG), the largest lighting manufacturer and distributor in Australia and New Zealand.

In addition, GLG has invested $3 million into Illumitex for a small minority interest as part of the LED company’s latest round of private equity financing.

Under the strategic agreement, effective immediately, GLG will become the exclusive general lighting integrator and distributor of Illumitex’s LED products in Australia, New Zealand and the Pacific Islands.

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