garrett opens blg plant

Environment Minister Garrett Opens New Plant For BluGlass Ltd’s
Energy Efficient Lighting Technology
Australian energy efficient lighting technology pioneer BluGlass Limited today
announced it was ready to market its innovative light emitting diode technology
internationally. At the opening of its innovative LED pilot demonstration plant in
Sydney, the company said the new facility would enable BluGlass to demonstrate the
commercial capability of its cost-cutting green technology as it pursues sales to global
lighting industry majors and semi-conductor makers.
BluGlass’s new headquarters and demonstration plant at Silverwater, Sydney, were
opened today by Federal Minister for the Environment, Heritage and the Arts, The Hon
Peter Garrett AM.
BluGlass’s Chairman Dr Mike Taverner said: “Today’s support of BluGlass by the
Federal Government and the Environment Minister, Mr Garrett, is a major boost for our
business. Our new demonstration reactor is designed to show the world that BluGlass
has a commercially viable and attractive technology. We expect that among many
applications, this ground-breaking Australian development will have an important
global role in improving the efficiency with which we use energy in lighting with flowon
benefits to the environment.
“BluGlass is a rare example of a small-cap technology start-up that is surviving and
thriving because we have a strong team and excellent support - including from
Government. We are succeeding because of the fundamental strength and scope of
applications for our unique technology.”
The new pilot LED demonstration plant features BluGlass’s first commercial-scale
semi-conductor reactor fitted with its home-grown Remote Plasma Chemical Vapour
Deposition (RPCVD) technology. The company plans to use the plant to demonstrate
large cost benefits to semi-conductor manufacturers who make LED devices, with the
aim of winning substantial equipment supply contracts, licencing deals and royalty
income.
BluGlass’ Chief Executive Officer Mr Giles Bourne said: “This is an important day in
the development of BluGlass. With the launch of our new plant, we will invite top level
corporations from Asia, the US and Europe to come and actually exactly see what we
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can do. We have delivered on all of our promises to investors about commercialising
our technology, and now we are now lifting our sales push in the global market.”
The global general lighting industry accepts that LEDs are the future of lighting devices
in homes, offices and commercial facilities because they are up to 5 times more energy
efficient than incandescent bulbs and last up to 50 times longer.
BluGlass is already in advanced discussions with universities for orders for its pilotscale
reactors, a smaller version of its commercial technology that also incorporates its
RPCVD technology. The company’s plan is that customers, including commercial
enterprises and universities, can buy pilot reactors to conduct their own testing and
speed the uptake of BluGlass’s patented technology.