Minneapolis, MN (PRWEB) January 07, 2014
Candella, exclusive licensee of Disney flameless candle technology, has reached a global settlement with Liown in Federal District Court (Ref: No. 0:12-cv-02803-PJS-JJK) that includes the dismissal of all current lawsuits and a long term global manufacturing agreement.
The resolution of this ongoing patent infringement case consists of a partnership well-positioned to build synergy, drive sales, and enhance product services to an expanding global customer base.
Key strategic benefits of the partnership include:
- Broader distribution and product offerings. The expansive distributor network and diversified products of the partnership will strengthen both companies’ ability to serve customers globally.
- Accelerated innovation. The research, technology, and a vertically integrated supply chain will help to streamline product development and better address the evolving needs of this dynamic industry.
- Enhanced intellectual property strength. The partnership will allow both companies to maintain a clean marketplace for our customers and ensure a defensible position to counteract infringement attempts in the future.
"We are excited to combine the strengths of these two dynamic organizations in the high-end LED candles industry, which is rapidly gaining traction. We believe this partnership will enhance the Luminara brand and create great synergy for the benefit of expanding our business together," said Jerry Cain, President of Luminara. “Luminara and Liown share a common goal to provide a new and exciting platform of products to support our rapidly expanding LED candle business.”
"We believe that the intellectual property relating to LED candles owned or licensed by both companies and Liown’s manufacturing capabilities will enable us to continue to educate and expand the LED candle industry throughout the world,” said Johnny Yang, CEO of Liown. “Both companies also share a strong commitment to protect its patents globally and to provide world-class service to our customers. This partnership is an opportunity to forge the best from each platform and improve upon what we offer all of our partners."
Anthony Ostlund Baer & Louwagie P.A. acted as legal counsel to Candella and Winthrop & Weinstine, P.A. acted as legal counsel to Liown.
Luminara, the exclusive worldwide manufacturer and distributor of Candella, LLC, has created a collection of flame-replicating designer candles that utilize the Disney Enterprises Inc. patents which are practically indistinguishable from traditional candles. Headquartered in Eden Prairie, Minnesota, together Luminara and Candella continue to advance the technology and bring new products to market through retailers and distributors in the U.S., Europe, and Asia.
Liown Electronics is one of the world’s largest suppliers of LED electronic candles and LED lighting products since 1999. Based in Shenzhen, China, Liown is a fully integrated business enterprise with a special focus in product development, turn-key manufacturing, and global distribution services. Liown owns more than 250 global patents and is the exclusive manufacturer of Energizer Household Lighting products.