Announcement from SIPCo, LLC and IntusIQ
March 22, 2010
ATLANTA, Ga., March 22, 2010 — (NYSE: GE) — SIPCo, LLC, and IntusIQ licensors of the Essential Wireless Mesh™ patent portfolio and GE Appliances & Lighting today announced that they have signed a patent license agreement for GE's Appliance business unit.
SIPCo, LLC and IntusIQ are headquartered in Atlanta, Ga., and are led by renowned Native American independent inventor and successful entrepreneur Thomas David Petite. T David Petite is an innovative and philanthropic leader who founded the first Native American Inventors Association. He is one of the wireless communication industry's most prolific innovators of intelligent wireless networking technology. He has also been active in the wireless industry for over a decade and has developed many leading edge solutions. His inventions are deployed in various products and networks throughout the country and have been licensed to numerous companies.
T David Petite, CEO of SIPCo, LLC says “We are extremely happy to have GE Appliances & Lighting as a strategic member of the Essential Wireless Mesh™ licensing family, and we are pleased to help enable a new generation of smart appliances. We have worked hard over the last two decades to develop a ubiquitous platform for connecting devices through a smart cloud. 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. This is a new market, and we believe our internet based networking technology adds value to our customers through its integration into their products. We were thrilled when GE Appliances & Lighting approached us and look forward to working with GE Appliances & Lighting 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, a privately held company located in Atlanta, Ga., is one of the leading developers of wireless mesh technology, providing technology to its customers and licensees. SIPCO also provides critical patent rights through the ESSENTIAL WIRELESS MESH™ Patent Portfolio for various wireless infrastructure systems and service applications. For more information visit its website at www.sipcollc.com and www.smartgridlicense.com.
INTUSIQ, a privately held company headquartered in Atlanta, Ga., and formerly known as IPCO, LLC, is one of the leading developers of wireless mesh technology. INTUSIQ provides technology, know how and strategic consulting services to its customers and licensees. INTUSIQ also provides critical patent rights through the ESSENTIAL WIRELESS MESH™ Patent Portfolio for various wireless infrastructure systems and service applications.
SIPCo, LLC and IntusIQ are headquartered in Atlanta, Ga., and are led by renowned Native American independent inventor and successful entrepreneur Thomas David Petite. T David Petite is an innovative and philanthropic leader who founded the first Native American Inventors Association. He is one of the wireless communication industry's most prolific innovators of intelligent wireless networking technology. He has also been active in the wireless industry for over a decade and has developed many leading edge solutions. His inventions are deployed in various products and networks throughout the country and have been licensed to numerous companies.
T David Petite, CEO of SIPCo, LLC says “We are extremely happy to have GE Appliances & Lighting as a strategic member of the Essential Wireless Mesh™ licensing family, and we are pleased to help enable a new generation of smart appliances. We have worked hard over the last two decades to develop a ubiquitous platform for connecting devices through a smart cloud. 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. This is a new market, and we believe our internet based networking technology adds value to our customers through its integration into their products. We were thrilled when GE Appliances & Lighting approached us and look forward to working with GE Appliances & Lighting 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, a privately held company located in Atlanta, Ga., is one of the leading developers of wireless mesh technology, providing technology to its customers and licensees. SIPCO also provides critical patent rights through the ESSENTIAL WIRELESS MESH™ Patent Portfolio for various wireless infrastructure systems and service applications. For more information visit its website at www.sipcollc.com and www.smartgridlicense.com.
INTUSIQ, a privately held company headquartered in Atlanta, Ga., and formerly known as IPCO, LLC, is one of the leading developers of wireless mesh technology. INTUSIQ provides technology, know how and strategic consulting services to its customers and licensees. INTUSIQ also provides critical patent rights through the ESSENTIAL WIRELESS MESH™ Patent Portfolio for various wireless infrastructure systems and service applications.
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 (NYSE: GE), imagination at work, sells products under the Monogram®, Profile™, Café™, GE®, Hotpoint®, Reveal® and Energy Smart® consumer brands, and Tetra®, Vio™ and Immersion® commercial brands. For more information, consumers may visit www.ge.com.
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 (NYSE: GE), imagination at work, sells products under the Monogram®, Profile™, Café™, GE®, Hotpoint®, Reveal® and Energy Smart® consumer brands, and Tetra®, Vio™ and Immersion® commercial brands. For more information, consumers may visit www.ge.com.
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