An example of such a strategic partnership, as announced on March 3, 2011, is the “Ingredient Branding and Trademark License Agreement” signed between NexPhase Lighting, Inc. and Cree, Inc. Cree, Inc. (www.cree.com), headquartered in Durham, North Carolina, is a market-leading innovator of lighting-class LEDs, and will provide NexPhase with their MX-6 LEDs for use in NexPhase troffers. Cree’s MX-6 provides better color consistency and higher reliability than incumbent solutions; and the MX-6 delivers higher lumen output without having to compromise between light output and efficacy.