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Roy Disney acquires stake in RevoLaze & joins BoD
06
Jun '14
RevoLaze, LLC announced that Roy P. Disney has made an investment in the laser technology firm and has joined the board effective immediately, according to RevoLaze CEO Darryl Costin, PhD. Mr. Disney’s investment in RevoLaze was made through an investment vehicle affiliated with Shamrock Holdings, Inc., the Roy E. Disney family’s investment company. Mr. Disney joins Mr. Bernard Theisen from Lear Corporation, Darryl J. Costin, Sr., Darryl J. Costin, Jr. and Kimberly L. Ripley on the RevoLaze board. Lear Corporation acquired an interest in RevoLaze on June 27, 2013.
 
RevoLaze globally commercializes high-speed, high-power laser scribing technology unmatched in the world. The company’s eco-friendly processes offer 2500 watts of power with unparalleled laser scan speeds exceeding 50 meters per second. With over 20 years of experience and knowledge in the industry, its licensees can expect major benefits of cost reduction, throughput enhancement and design flexibility.
 
“The demand for laser abrasion and patterned denim continues to skyrocket,” says Costin. “Our custom delivery systems are built for any application. Also, we are excited to introduce our new Linear Processing machine designed exclusively for textile roll goods. It’s the fastest moving laser on the planet, and we feel the future of laser technology.”
 
But it wasn’t just the manufacturing speed that attracted Roy Disney’s attention. “We appreciate working withcompanies that have a special concern for our environment,” says Shamrock President Greg Martin. “There is a significant health risk associated with the sandblasting of denim to create the worn look. Likewise, the denim enzyme washing process produces environmental hazards. RevoLaze’s technology virtually eliminates both of these maladies.”
 
The laser technology developed and patented by the company was also a key factor. “Textiles are manufactured all over the globe today. A company needs absolute assurance that the laser technology they are using to create their garments is properly licensed. With 29 patents worldwide, RevoLaze provides that comfort,” says Disney.
 
Disney is excited to see all the applications Linear Processing can bring to the textile industry. “From replacing the enzyme process to replicating expensive loom processes, and providing patterned denim to the marketplace, RevoLaze technology is literally just scratching the surface,” says Disney. “We believe the benefits of RevoLaze technology is compelling, both financially and environmentally, and that companies will be eager to adapt this technology sooner rather than later."


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