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The Condor LED will further entrench our leading position in this market segment

The Condor LED will further entrench our leading position in this market segment. Throughout the past year, we have been benchmarked a number of times against competitors, and we have been chosen as the 'tool of choice' several times. The Condor 5LED will strengthen our position in this market, and will allow us to maintain and build on our technological leadership." Porat concluded, "We are optimistic with regard to this segment in 2010. Given indications for significant growth from our customers in the LED Market, we aim to grow our business with the Condor 5LED in the coming quarters and years."

Recently, Michigan businesses won $242 million in Advanced Energy Manufacturing tax credits as part of a White House effort to create 17,000 green manufacturing technology jobs through a $2.3 billion tax credit. ilumisys received $1.3 million in tax credits from this effort to automate production of LED replacements for fluorescent lights.

“The support from the State of Michigan combined with our recent federal tax credit award will help ilumisys ramp-up our manufacturing efforts right here in Michigan,” said Dave Simon, president of ilumisys. “We are sincerely appreciative of the MEDC’s efforts to secure this funding, which is a key component to growing manufacturing and leveraging the innovation and intellectual property in the state.”

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