Xicato, Inc.

ATEL Announces New Partnership with Xicato

May 2014

ATEL Ventures Inc. ("ATEL") is proud to announce a new partnership with LED module producer Xicato, Inc. ATEL has provided Xicato with a multimillion dollar equipment financing facility to help bolster the company's production of a new line of LED modules at its San Jose, California, facility.

"Xicato goes above and beyond the original equipment manufacturers already stringent processes by tuning each LED module so that it provides the best "quality of light", said Steve Rea, Executive Vice President of ATEL Ventures. ATEL is pleased to be supporting Xicato in their efforts to push the LED industry to higher quality standards. We look forward to continuing our symbiotic relationship as they continue their prominent rise in the lighting industry."

Xicato's headquarters and manufacturing is based in Silicon Valley and the company has offices in China, Japan, Europe and throughout the U.S. Founded in 2007, Xicato's focus on high quality light and reliability has won praise from the lighting community and end-users alike and was recently recognized as "Best Industrial Partner by the Professional Lighting Design Conference. Installations using Xicato range from retail and museums to restaurants and hotels.

San Jose based Xicato produces high quality of light LED modules. They do not make the LEDs that are in the modules. Xicato buys LEDs from any LED OEM, package them and apply Xicato’s proprietary Corrected Cold Phosphor Technology® so that each module is “tuned” in the module manufacturing process to achieve Xicato’s exacting standards for initial color output. Only Xicato commits that every module will be within a 1 x 2 MacAdam Ellipse around the color point on the industry standard “black body” locus. Most of the industry defines tolerance for color shift using a 3 x 3-step area, which is more than 3 times larger than the Xicato area. When it comes to the consistency of white light output over time, Xicato’s tolerance ends where others begin. Xicato started shipping product in late 2009 and sells its modules in sixty different configurations (SKUs) to over one hundred OEMs of lamps and lighting fixtures (luminaires) around the world.

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