{"id":999164,"date":"2026-08-31T13:03:18","date_gmt":"2026-08-31T17:03:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/creeled-inc-and-promier-products-inc-d-b-a-litezall-resolve-patent-dispute-through-limited-license-agreement\/"},"modified":"2026-08-31T13:03:18","modified_gmt":"2026-08-31T17:03:18","slug":"creeled-inc-and-promier-products-inc-d-b-a-litezall-resolve-patent-dispute-through-limited-license-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/creeled-inc-and-promier-products-inc-d-b-a-litezall-resolve-patent-dispute-through-limited-license-agreement\/","title":{"rendered":"CreeLED Inc. and Promier Products, Inc. (d\/b\/a LitezAll) Resolve Patent Dispute Through Limited License Agreement"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CreeLED Inc. and Promier Products, Inc. (d\/b\/a LitezAll) Resolve Patent Dispute Through Limited License Agreement<\/b><\/p>\n<p>DURHAM, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cree-led.com%2F&amp;esheet=54596359&amp;newsitemid=20260831242793&amp;lan=en-US&amp;anchor=Cree+LED&amp;index=1&amp;md5=92d1a7c6e92ae60a70612600e5848de6\">Cree LED<\/a>\u00ae, a <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.penguinsolutions.com%2F&amp;esheet=54596359&amp;newsitemid=20260831242793&amp;lan=en-US&amp;anchor=Penguin+Solutions&amp;index=2&amp;md5=383e4ff68900a1a3fd3c0fe2d5626a88\">Penguin Solutions<\/a> brand (Nasdaq: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.smartm.com%2Fstock-information%2Fstock-quote-and-charts%2Fdefault.aspx&amp;esheet=54596359&amp;newsitemid=20260831242793&amp;lan=en-US&amp;anchor=PENG&amp;index=3&amp;md5=3aae3cc84334c8e5e54221026e7db3ec\">PENG<\/a>), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components used in portable lighting products. As part of the settlement, Cree LED has granted Promier Products a limited license to certain Cree LED patents covering LED components.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260831242793\/en\/2885056\/4\/CRD1155-Promier-PR-Image.jpg\" alt=\"Cree LED is firmly committed to protecting its intellectual property.\" \/><\/p>\n<p style=\"font-size:85%\">Cree LED is firmly committed to protecting its intellectual property.<\/p>\n<\/div>\n<p>\nCree LED has established itself as a trusted brand in portable lighting applications, known for consistently high performance and reliable product quality. Cree LED is firmly committed to protecting its intellectual property and actively monitors the entire value chain of the global market to identify and address unauthorized use of its patented technologies. This vigilance ensures that Cree LED\u2019s innovations remain protected and that customers can rely on the integrity and performance of the company\u2019s industry-leading solutions.<\/p>\n<p><i>Cree LED is a registered trademark of CreeLED, Inc. All other trademarks and registered trademarks are the properties of their respective owners.<\/i><\/p>\n<p><b>About Cree LED<\/b><\/p>\n<p>\nCree LED, a Penguin Solutions brand, offers one of the industry\u2019s broadest portfolios of application optimized LED chips and components, leading the industry in performance and reliability. With more than 35 years of innovation, our strong IP portfolio and unique business model are designed to support supply chain continuity. We deliver best-in-class technology and breakthrough solutions for focused applications in high power and mid-power general lighting, portable lighting, horticulture, specialty lighting and video screens. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cree-led.com%2F&amp;esheet=54596359&amp;newsitemid=20260831242793&amp;lan=en-US&amp;anchor=cree-led.com&amp;index=4&amp;md5=137c7e768a53f056e5ea1dfea73ba3ad\">cree-led.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260831242793r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/<\/a><\/span><\/p>\n<p><b>Media Relations<br \/>\n<\/b><br \/>Melissa Sanders, Marketing Communications Specialist, Cree LED, Inc.<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Melissa.Sanders@cree-led.com\">Melissa.Sanders@cree-led.com<br \/>\n<\/a><\/p>\n<p><b>Penguin Solutions<br \/>\n<\/b><br \/>Maureen O\u2019Leary, Director Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:pr@penguinsolutions.com\">pr@penguinsolutions.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Semiconductor Consumer Electronics Technology Other Technology Audio\/Video Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260831242793\/en\/2885056\/3\/CRD1155-Promier-PR-Image.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Cree LED is firmly committed to protecting its intellectual property.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260831242793\/en\/2589000\/3\/Cree_LED_Logo_for_BW_-_800px_rounded_square.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CreeLED Inc. and Promier Products, Inc. (d\/b\/a LitezAll) Resolve Patent Dispute Through Limited License Agreement DURHAM, N.C.&#8211;(BUSINESS WIRE)&#8211;Cree LED\u00ae, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components used in portable lighting products. As part of the settlement, Cree LED has granted Promier Products a limited license to certain Cree LED patents covering LED components. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/ Cree LED is firmly committed to protecting its intellectual property. Cree LED has established itself as a trusted brand in portable lighting applications, known for consistently high performance and reliable &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/creeled-inc-and-promier-products-inc-d-b-a-litezall-resolve-patent-dispute-through-limited-license-agreement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CreeLED Inc. and Promier Products, Inc. (d\/b\/a LitezAll) Resolve Patent Dispute Through Limited License Agreement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-999164","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CreeLED Inc. and Promier Products, Inc. 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(d\/b\/a LitezAll) Resolve Patent Dispute Through Limited License Agreement DURHAM, N.C.&#8211;(BUSINESS WIRE)&#8211;Cree LED\u00ae, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED\u2019s patents related to LED components used in portable lighting products. As part of the settlement, Cree LED has granted Promier Products a limited license to certain Cree LED patents covering LED components. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260831242793\/en\/ Cree LED is firmly committed to protecting its intellectual property. Cree LED has established itself as a trusted brand in portable lighting applications, known for consistently high performance and reliable &hellip; Continue reading &quot;CreeLED Inc. and Promier Products, Inc. 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