Ledzworld Signs Patent License Agreement with Cree

“Cree is committed to the development of innovative, energy-efficient LED lighting technology and this program provides access to important technology developed by Cree,” said George Brandes, Cree director of intellectual property licensing. “The remote phosphor licensing program is designed to provide rights under the relevant Cree patents that our LED customers need to develop and commercialize leading-edge LED luminaires and bulbs, accelerating the LED lighting revolution.”

Ledzworld is one of the 5 initial lighting innovators that have been granted licenses to Cree’s remote phosphor patents. Details of the royalty-bearing licenses were not disclosed.

Ken Chakravarti, CTO of Ledzworld is excited about the agreement and cites that this will give Ledzworld many possibilities to further develop industry leading retrofit lamps for Ledzworld’s ODM customers, mostly significant lighting brands that value Ledzworld’s speedy adoption and integration of new technologies.

About Ledzworld:
Ledzworld Technology is an innovative Malaysian based R&D- and – manufacturing company that continuously develops and integrates the latest available technologies into its complete LED-retrofit product range. By applying the last technology generations, Ledzworld’s products continue to out-perform the products of its competitors.
Ledzworld integrates new technologies faster than its competitors and has become a reputable OEM/ODM supplier of a growing number of a large global brands in the lighting -industry. Ledzworld strives to be the quality technology provider behind the largest brands in the lighting industry who are increasingly facing difficulties to keep up with the fast pace of the LED retrofit industry. Ledzworld received the LFI innovation award 2010 during the LFI lighting fair in Las Vegas in the “general lighting category”
For additional product and company information, please refer to www.ledzworld.com

About Cree:
Cree is a market-leading innovator of semiconductor solutions for wireless and power applications, lighting-class LEDs, and LED lighting solutions.
Cree’s product families include power-switching devices and radio-frequency/wireless devices, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, and LED fixtures and bulbs. Cree solutions are driving improvements in applications such as variable-speed motors, wireless communications, general illumination and electronic signs and signals.
For additional product and company information, please refer to www.cree.com