Cree Announces New Essentia by Cree LED Downlight Portfolio

DURHAM, N.C. -- The industry’s best choice for LED lighting is now the best choice for every downlight application with the new Essentia® by Cree (Nasdaq: CREE) LED downlight portfolio. The Essentia by Cree downlight portfolio offers complete solutions in a variety of configurations, including downlights, wall washers and adjustable accents with exceptional quality and lighting performance from Cree. The product line is optimized for commercial and new construction applications.

essentia“The Essentia® by Cree portfolio continues to expand choices for essential lighting applications, giving you more power to choose wisely and a greater ability to customize and control your ROI,” said David Elien, Cree senior vice president, lighting. “The new downlight portfolio offers a wide array of choices that provides enhanced lighting experiences with trusted quality.”

Essentia by Cree downlights are engineered for efficiency and high-quality design, delivering exceptional color rendering at 90 CRI in a variety of color temperatures, including 2700K, 3000K, 3500K and 4000K. The comprehensive portfolio delivers efficacy up to 93 LPW and is available in a range of 4”, 6” and 8” round apertures with out-of-the box dimming capabilities to one percent and universal voltage.

The complete portfolio of matched and complementary downlights ensures uniform light quality, performance and consistent appearance across entire lighting projects, making it easy to use Cree.  The line features semi-specular reflector finishes and multiple reflector color options, with designs and colors that complement the look and feel of other Cree® products.

Essentia by Cree downlights feature a 50,000 hour rated lifetime.

The new Essentia by Cree downlight portfolio will be showcased by Cree at booth #2637 during LIGHTFAIR International in San Diego from April 26-28 and will be available to ship late spring. Visit http://lighting.cree.com/essentia-by-cree to learn more about Essentia by Cree.

About Cree, Inc.:

Cree is a market-leading innovator of lighting-class LEDs, lighting products and semiconductor products for power and radio frequency (RF) applications. Cree believes in better light experiences and is delivering new innovative LED technology that transforms the way people experience light through high-quality, interior and exterior LED lighting solutions.

Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree’s products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and inverters.

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 the risk that actual savings and lifetimes will vary from expectations; the risk we may be unable to manufacture these new products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk we may encounter delays or other difficulties in ramping up production of our new products; customer acceptance 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, 2015, and subsequent filings.

Cree® and Essentia® are registered trademarks of Cree, Inc.  ENERGY STAR® is a registered trademark of the U.S. Environmental Protection Agency.

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