Cree Announces Commercial Availability of XLamp MC-E LED

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the commercial availability of the XLamp® MC-E LED, the highest-lumen LED in the award-winning XLamp family.

The multi-chip XLamp MC-E retains the same 7 mm x 9 mm footprint as Cree's existing XLamp XR family LEDs while providing four times the light output of the existing XR-E, the highest lumen output commercially available for a package of this size. This powerful combination is designed to enable new applications and reductions in overall system cost compared to other LED packages. At 9.8 W, the XLamp MC-E LED provides up to 790 lumens at 6000 K and up to 605 lumens at 3000 K.

"Cree's XLamp MC-E LED is a lighting-class solution for applications that require high lumen output in a small footprint," said Norbert Hiller, Cree vice president and general manager for lighting LEDs. "Imagine the design implications for something like a street light — if you could reduce the size by roughly 75 percent without compromising on lumen output. Or consider the efficiencies that could be gained in an MR16 bulb application."

The MC-E has already been designed into a number of products and applications, as customers can benefit from increased design flexibility and reduced overall system cost over other, lower flux-output LED packages, without compromising on quality.

For more information about Cree XLamp MC-E LEDs, visit www.cree.com/MCE.

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 retrofit solutions, and semiconductor solutions for backlighting, wireless and power applications.

Cree's product families include recessed LED down lights, lighting-class power LEDs, high brightness LEDs, blue and green LED chips, 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, such as the risk we may encounter delays or other difficulties in ramping up production of our new products; the risk we may be unable to manufacture these products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk that design wins may not result in actual orders; the risk that actual cost savings may vary from expectations; the potential lack of customer acceptance of the 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 29, 2008, and subsequent filings.