
SIPCO and INTUSIQ Sign Licensing Agreement with GE Appliances & Lighting
ATLANTA, April 9 /PRNewswire/ -- SIPCO and INTUSIQ, licensors of the Essential Wireless Mesh™ patent portfolio and GE Appliances & Lighting announced they have signed a patent license agreement for GE's Appliance business unit. SIPCO and INTUSIQ are Atlanta based firms.
David Petite, CEO of SIPCO, said, "We are extremely happy to have GE Appliances & Lighting as a strategic member of the Essential Wireless Mesh™ licensing family, and are pleased to help enable a new generation of smart appliances. We believe GE Appliances & Lighting's entry into the wireless smart appliance market will provide significant benefits to consumers in managing and controlling their energy usage. We are thrilled GE Appliances & Lighting approached us, and are looking forward to working with them to support and accelerate their delivery of these solutions to the marketplace."
"Using SIPCO's technology in our smart-grid enabled appliances will allow us to help consumers better manage their energy costs and help utilities shed load during peak usage and pricing periods," said Natarajan Venkatakrishnan, Research and Development Leader for GE Appliances & Lighting. "Providing solutions for both consumers and utilities that will help better manage the energy we already generate will allow us to make a significant contribution to the success of the Smart Grid."
SIPCO and INTUSIQ are privately held companies headquartered in Atlanta and are leading developers of wireless mesh technology. The firms also provide critical patent rights through the ESSENTIAL WIRELESS MESH™ Patent Portfolio for various wireless infrastructure systems and service applications. For more information, please visit www.sipcollc.com or www.intusiq.com.
About GE Appliances & Lighting
GE Appliances & Lighting spans the globe as an industry leader in major appliances, lighting, systems and services for commercial, industrial and residential use. Technology innovation and the company's ecomagination(SM) initiative enable GE Appliances & Lighting to aggressively bring to market products and solutions that help customers meet pressing environmental challenges. General Electric, imagination at work, sells products under the Monogram®, Profile™, GE®, Hotpoint®, Reveal® and Energy Smart® consumer brands, and Tetra®, Vio™ and Immersion® commercial brands. For more information, consumers may visit www.ge.com.
SOURCE SIPCO and INTUSIQ
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