Cree Announces High-Volume Availability of Brightest Lighting-Class LEDs

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the high-volume availability of lighting-class XLamp® XP-E LEDs with output up to 122 lumens.

Cree continues to set the standard for innovation and availability of lighting-class LEDs through its broad family of XLamp LEDs. The volume availability of XLamp LEDs is aimed at further stimulating the LED lighting market, driving applications in outdoor and indoor general illumination as well as portable and retail display lighting.

Cree now offers XLamp XP-E cool white (5,000K – 10,000K CCT) LEDs in a minimum R2 flux bin (114-122 lumens at 350 mA), which is the highest commercially available minimum-flux order code for a single-die LED, at 350 mA, in the industry today.

“In the past 18 months, Cree has shipped millions of 100+ lumen XLamp LEDs,” said Paul Thieken, Cree marketing director for LED components. “LED product designers know they can depend on Cree to provide the industry’s brightest commercially available LEDs.”

Cree XLamp LEDs are available through Cree’s global network of distribution partners. Interested customers can find a local distributor at: http://www.cree.com/r2.

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 solutions, and semiconductor solutions for wireless and power applications.

Cree’s product families include recessed LED down lights, 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 global economic conditions that could affect consumer confidence and customer order patterns including order cancellations; 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 29, 2008, and subsequent filings.