* Before reading the Mode of Technology Transfer, please go through the link "Marketability from the veiw of Technology's Universality" at "Our Ballast's International Marketability". Click here to access the link
Absolute Transparency and Confidentiality between the transferor and transferee is the key element for any successful Technology Transfer. The relationship between the transferor and transferee of any technology showcased at Lumenteck shall be a private and confidential transaction between the parties only.
The Proposal & Patent Details
Electronic Ballast technology (in the complete prototype form) has three versions; Version 1, 2 and 3, with the same model number and serial number (For details, refer the link "Electronic Ballast Test Reports"; Version 1, 2 and 3). Even though the circuits of the three versions have a lot of similarity, there are few marked differences in the circuitry between Version 1, 2 and 3, and as a result performance results do vary between the three versions as specified in the "Electronic Ballast test reports" and "Electronic Ballast performance specifications".
All the three versions comply with the standards as specified, and as the circuits are similar, they would only be handed over together to a single corporate buyer of technology. Since the promoter of Lumenteck is also a co-inventor of the showcased Electronic Ballast Technology, we are proposing the outright sale/transfer of this highly cost effective Electronic Ballast Technology, as an exclusive transaction to a single international corporate business house, who can exploit the full global market potential of such a kind of pioneering technology. Necessary application for the grant of patent for the aforesaid technology has been filed with the Indian Patent Office . Exhaustive Prior art search has been made by our Attorneys with regard to this invention, before the filing of the patent application. The period of 'pre-grant opposition' for our patent application has successfully expired on 28th April 2006.
Mode of Technology Transfer
Interested enquirers can clarify any queries they have with us, and subsequently a consensus can be reached regarding the mode of execution of the actual process of Technology Transfer. Subsequently, essential contracts, non-disclosure agreements and Transfer of Technology agreements shall be entered into between parties so as to effect the same. Samples of all the versions of the Electronic Ballast technology showcased shall be handed over to the buyer at the time of the final Transfer of Technology.
Lumenteck echoes the belief's of John Ruskin "Quality is never an accident; there must be the will to produce a superior thing".