Nichia Announces New Patent Cross License Agreement with Cree Inc
Source/Type: Company News Releases

February 9, 2005... Anan, Tokushima, JAPAN - Nichia Corporation today announced that it has entered into a patent cross license agreement with Cree Inc., relating to LED technology for solid-state white lighting. The new agreement complements the patent cross license arrangement between the companies announced in November 2002. Detailed terms of the agreement were not disclosed.

Mr. Tazaki, Executive Vice-president at Nichia says, “Both companies have pioneering patents. We respect Cree’s intellectual properties, and Cree respects ours too.” “Our market is getting more competitive, and we continue to launch new products utilizing our expertise. There will be more competitors in this market, but this agreement will strengthen both companies’ position as the leaders in solid-state lighting technology”, he added.

About Nichia Corporation
Nichia is the leading company of gallium nitride-based optoelectronics devices, including UV, blue, green and white LED products and blue-violet laser diodes. The applications of the products include cellular phones, digital cameras, traffic signals, full-color displays, electronic signboards, and optical storages.

Nichia was established in Japan in 1956 to manufacture calcium phosphate used in the production of fluorescent lamp phosphors. Since that time, Nichia has grown in the field of manufacturing and sales of fine chemicals, particularly inorganic luminescent materials (phosphors), high brightness InGaN LEDs, and InGaN laser diodes. Nichia is headquartered in Anan, Tokushima, Japan and has operations throughout the world, including Nichia America Corporation, a U.S. subsidiary based in Mountville, Pennsylvania. Please visit www.nichia.co.jp for more information.

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