December 8, 2009

Cree Debuts New LEDs Optimized for Outdoor Applications

Up to 122 Lumens from New Neutral White XLamp® XP-E LEDs
DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the commercial availability of new, high-efficiency white XLamp® XP-E LEDs. These “outdoor white” LEDs provide the same flux and efficacy levels as Cree’s XLamp cool white LEDs with a neutral color that more closely matches existing high-intensity discharge (HID) installations (4000K – 5300K CCT).

Available in sample quantities now, and in production quantities with standard lead times, the outdoor white XLamp XP-E LEDs deliver up to 122 lumens at 350 mA, at 4500 K.

“Outdoor lighting manufacturers can now offer either a cool white or a neutral white color point without trade-offs in lumen output or LED efficacy,” said Paul Thieken, Cree director of marketing, LED components. “And since it’s part of the XLamp XP-E family, changing existing XP-E system designs to high-efficiency outdoor white can be simple.”

Cree’s IES LM-80 lumen maintenance test data for the XLamp XP-E LED has been accepted by ENERGY STAR®. Cree’s lighting-class XLamp XP LEDs are also UL-recognized, conforming to ANSI/UL 8750, Safety Standard for Light Emitting Diode (LED) Equipment for Use in Lighting Products.

About Cree
Cree is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor solutions for wireless and power applications.

Cree’s product families include LED fixtures and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and radio-frequency/wireless devices. Cree solutions are driving improvements in applications such as general illumination, backlighting, electronic signs and signals, variable-speed motors, and wireless communications.

For additional product and company information, please refer to www.cree.com

This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including risk we may encounter delays or other difficulties in ramping up production of our new products; the rapid development of new technology and competing products that may impair demand or render Cree’s products obsolete; and other factors discussed in Cree’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 28, 2009, and subsequent filings.

Cree and XLamp are registered trademarks of Cree, Inc.

ENERGY STAR is a registered trademark of the U.S. Environmental Protection Agency.