ItraMAS Technology Sdn Bhd has signed a memorandum of understanding (MOU) with Sirim Bhd on technical cooperation and joint product development of the former's next-generation light emitting diode-based (LED) lighting products. ItraMAS chairman, Datuk Khairuddin Ibrahim, said under the MOU, the company would be able to produce new products with green technology in LED lighting at a lower cost as they would use its manufacturing facility in Penang. "The collaboration will leverage on ItraMAS' strength as one of the pioneering homegrown companies specialising in research and development (RandD) of LED-based applications and Sirim's in RandD on composite materials," he said after the signing of the MOU here today. ItraMAS chief executive officer, Lee Choo Boo, said with the new products, ItraMAS aimed to grow its sales by 20 per cent next year. "Our sales this year will be approximately RM52 million," he said. ItraMAS has over 10 years' experience in the design, development, manufacturing and marketing of LED products globally. Acting president/chief executive of Sirim, Dr Zainal Abidin Mohd Yusof, said the collaboration with ItraMAS was timely as the company aimed to spur its technology further while helping the country gain a competitive edge in the LED lighting industry. "Sirim is also in the midst of developing a national industrial standard on LED lighting to spearhead the development of a LED cluster in Malaysia," he said. -- Bernama
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