March 17, 2010

Cree Announces Industry’s Most Energy-Efficient Neutral and Warm Lighting-Class LEDs

XLamp® XP-G LEDs available up to 109 lumens per watt at 3000 K CCT
DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the commercial availability of the award-winning XLamp® XP-G LED in warm- and neutral-white color temperatures (2600 K to 5000 K CCT). These new XP-G LEDs extend Cree’s highest level of light output and efficacy across the white color spectrum, driving general lighting applications such as LED replacement lamps, outdoor area and commercial luminaires.

The warm white (3000 K) XLamp XP-G provides up to 114 lumens and 109 lumens per watt at 350 mA. Driven at 1.0 A, the XP-G warm-white produces up to 285 lumens at 84 lumens per watt, which is four times the light output than the highest available XLamp XR-E warm-white LED at equal efficacy.

The neutral-white (4000 K) XLamp XP-G provides up to 139 lumens and 132 lumens per watt at 350 mA. Driven at 1.5 A, the XP-G neutral-white produces up to 463 lumens, which is four times the light output of the XLamp XR-E cool-white LED at equal efficacy.

“We are excited to be working with the newest Cree XP-G LEDs,” said Bob Fugerer, president, Sunovia Energy Technologies, Inc. “The extremely high efficacy levels are enabling us to offer our Aimed Optics™ luminaires in a neutral color while maintaining the same pace-setting mounting-height-to-pole-spacing ratio and fitted target efficiency that we previously achieved with cool-white color temperatures.”

“Cree is once again setting industry-leading efficacy levels in warm and neutral white,” said Paul Thieken, Cree, director of marketing, LED Components. “These new XP-G LEDs can enable LED lighting products that not only meet but exceed the current ENERGY STAR® luminaire and lamp requirements. Cree is accelerating the LED lighting revolution by pushing through performance milestones.”

XP-G LEDs deliver high efficacy at high current, potentially reducing the required number of LEDs, as well as the size and cost of LED fixtures. Neutral-white and warm-white XP-G LEDs are commercially available now in the industry’s smallest ANSI-based chromaticity bins. To find an authorized Cree XLamp distributor in your area, please visit www.cree.com/buyxlamp.

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. To learn more about the LED Lighting Revolution, please visit www.creeledrevolution.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 customer acceptance of LED 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.
Aimed Optics is a trademark of Sunovia Energy Technologies, Inc.