LITEPANELSâ„¢ TO BE ACQUIRED BY THE VITEC GROUP

Author:
Publish date:

Los Angeles - Litepanels, Inc. announces today it has signed an agreement to be acquired by The Vitec Group plc. Litepanels is the market leader in light emitting diode (“LED�) lighting systems for the television, broadcast, video and film industries. Its groundbreaking lighting products are a complementary addition to the Vitec Group Broadcast Systems Division, which includes such brands as Sachtler®, Vinten®, Autoscript, and Anton/Bauer®. Litepanels has developed an innovative range of LED on-camera and stand-mounted lighting systems, which have gained broad acceptance with lighting and broadcast professionals. Backed by a strong patent portfolio, the company is known as a leader in the professional lighting industry. The products created by Litepanels, which have won various awards, are used both on-location and in studio environments, including installations at the White House press briefing room and on CNN’s mobile broadcast studio. Additionally, Litepanels has recently delivered lighting systems to NASA for use in the International Space Station. Litepanels’ LED lights are extremely beneficial due to their low power consumption, low heat generation and wireless battery capability. The trend toward LED lighting is expected to continue to grow rapidly as lighting directors convert to this superior technology. Based in North Hollywood, California, Litepanels was founded in 2005 by five partners with extensive hands-on lighting experience. All will stay with the company and continue their operational responsibilities. According to Litepanels partner, Ken Fisher, “We are certain that this new strategic alliance with The Vitec Group will allow us to continue to bring the most innovative products and technology to our customers and dealer network. Joop Janssen, Chief Executive of Vitec Group’s Broadcast Systems Division states, “We are really excited to welcome Litepanels’ entrepreneurial team of professionals to the Vitec Group. Litepanels will give us the best LED lighting products in the industry and we all expect LEDs to be the future in broadcast and film lighting.� #### About Litepanels More information on Litepanels can be found at

www.litepanels.com

. The following links give information on the products and their applications, together with some comments from end-users.

www.s131567196.onlinehome.us/news/ontheset.asp

www.veoh.com/videos/v69999592fqqjSEK

www.s131567196.onlinehome.us/products/broadcast.asp

About The Vitec Group plc The Vitec Group plc is acknowledged as a global leader in the supply of equipment and services to the broadcasting, entertainment and photographic industries and has established a reputation for technical excellence and superior engineering along with an astute business strategy which has seen it grow by acquisition. Innovation is a cornerstone of the Group’s activities and the organization is committed to a policy of continuous product development. With revenues (2007) of $546m (£274m) and over 2200 employees worldwide, its products are distributed in almost 100 countries, through a strong, fully-resourced distribution network or direct to the end user or corporate customer. More information can be found at

www.vitecgroup.com

NEWS RELEASE Litepanels, Inc. 10932 Burbank Blvd. North Hollywood, CA 91601 Phone: 818/752-7009 Fax: 818/752-2437 Email:

info@litepanels.com

Web:

www.litepanels.com

Effective: August 22, 2008

Related

More than 55 of the 2018 Fall Television and Streaming Series Rely on Blackmagic Design

More than 55 of the 2018 Fall Television and Streaming Series Rely on Blackmagic Design

Blackmagic Design today announced that the company’s production and post products were used to complete many of the fall 2018 season’s new and returning television shows and streaming series. More than 55 shows rely on Blackmagic Design’s digital film cameras; Fusion visual effects (VFX), compositing, 3D and motion graphics software; and DaVinci Resolve editing, color correction, VFX and digital audio software; as well as its switchers, routers, monitors and capture and playback devices.

Luxul_AMS-1208P

Jingle All the Way: Luxul's XMS-1208P Managed Gigabit Switch is Available for All CI Integrators this Holiday Season

Luxul, the leading innovator of IP networking solutions for AV integrators, today announced that it's giving CI integrators the gift of enterprise-level performance at affordable price points this holiday season. It doesn't matter if they've been naughty or nice, the company's XMS-1208P 12-port/18 PoE+ managed Gigabit switch — that delivers high-speed performance while enabling simple network expansion — is now available for all. And to ring in the new year, Luxul will begin shipping its AMS-1816P 18-port/16 PoE+ L2/L3 managed Gigabit switch in early January.

HoverCam_VV1

HoverCam Transforms Classrooms Fit for Future-Ready Students at Val Verde USD

HoverCam, an innovative technology leader in the digital education market, announced that Val Verde Unified School District (USD) in Parris, California, successfully installed HoverCam's Pilot digital teaching stations and CenterStage interactive flat panels (IFPs) in new STEM labs in the elementary schools, with plans for an eventual rollout to the district's middle and high schools. As part of the district's goal to create future-ready students, Val Verde USD chose HoverCam digital education solutions to address the rising challenge of updating classrooms and introducing curriculum with advanced systems that will prepare students for a rapidly changing career landscape.

ScreenShot2018-12-11at2.41.29PM.144822

The Sigma Holiday Sale Is Back!

Nothing makes gift giving as enjoyable as special prices on award-winning Sigma lenses and accessories; get the lens you’ve always craved or surprise a fellow shooter with the perfect present.

Riedel-Ruptly-Vans-3

Global News Agency Ruptly Relies on Riedel's MediorNet and Artist on Board New OB and DSNG Vehicles

Riedel's MediorNet real-time media network and Artist digital matrix intercom are providing the decentralized and redundant signal routing and communications backbone on board two all-new, state-of-the-art OB vehicles for Ruptly, a Berlin-based international news agency. Qvest Media, a world-leading system architect and integrator for the broadcast and media industries, designed and built the new broadcast van and DSNG vehicle.