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 manufacturer’s 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 is based in Silicon Valley and the company has offices in China,
Japan, and Europe as well as 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.