July 17, 2012 - BUSINESS WIRE -- Intematix Corporation, phosphor and phosphor component developer for light-emitting diodes (LEDs), plans to conduct a registered initial public offering (IPO) of its common stock.
The IPO is expected to commence after the Securities and Exchange Commission (SEC) completes the review process initiated by Intematix’s confidential submission on July 13, 2012 of its draft registration statement, subject to market and other conditions.
Phosphors help control LED luminous efficacy and color to bring the technology on a level with traditional lighting. Phosphors used in LED lighting applications will see a market increase to over $1.6 billion by 2019, according to a recent NanoMarkets report.
Cree, Philips, and Intematix are the three major players in remote phosphors, a developing sector of LED phosphors that can reduce costs and increase light quality control.
IPO details: This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933. As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Intematix Corporation is a materials developer making customizable, patented phosphors and remote phosphor components for high-quality, energy-efficient LED lighting. To learn more about the company, please visit www.intematix.com.