Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities and Exchange Act of
1934
Date
of
Report (Date of earliest reported): May 12, 2008
CYBERLUX
CORPORATION
(Exact
name of registrant as specified in charter)
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Nevada
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000-33415
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91-2048978
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(State
or other jurisdiction
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(Commission
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(IRS
Employer
|
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of
incorporation)
|
File
Number)
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Identification
No.)
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| |
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4625
Creekstone Drive, Suite 130,Research Triangle Park, Durham,
NC
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27703
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (919) 474-9700
Copies
to:
John
W.
Ringo
Secretary
and Corporate Counsel
4625
Creekstone Drive, Suite 130
Research
Triangle Park
Durham,
NC 27703
Phone:
(919) 474-9700
Fax:
(919) 474-9712
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instructions A.2. below):
o Written
communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting
material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
8.01 Other Events.
Cyberlux
Corporation (the “Company”) has entered into negotiations with Lightolier, a
Royal Philips Electronics (NYSE:PHG, AEX:PHI) company, regarding the licensing
of the Company’s Scattered Photon ExtractionTM
technology. On
April 3, the Company was contacted by a Lightolier senior executive requesting
an RFQ for licensing our proprietary Scattered Photon ExtractionTM
technology. On April 29, the Company formally delivered a term sheet defining
the terms and conditions of the technology licensing agreement, including the
annual royalty rate, the product royalty rate and the time period of the
technology license associated with this transaction.
Developed
by the Lighting Research Center of Rensselaer Polytechnic Institute, the
Scattered Photon ExtractionTM
technology optically maximizes the light output from a traditional light
emitting diode (LED), which produces light when a solid-state material emits
a
photon through a phosphor downconversion material to create white and
multi-color light. As much as 60% of the light produced in the phosphor is
reflected back toward the solid-state material where the photon is reabsorbed
rather than emitted outward to provide useful illumination. Scattered Photon
ExtractionTM
technology has produced a
33%
increase in efficiency when compared to the current state of the art LED
efficiency.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CYBERLUX
CORPORATION |
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| Date: May
12,
2008 |
By: |
/s/
MARK
D. SCHMIDT |
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Mark
D. Schmidt, President |
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