Cree Brings the LED Lighting Revolution to Lightfair 2010

DURHAM, N.C. -- Cree, Inc. (Nasdaq:CREE), a market leader in LED lighting, will be showcasing its lighting fixtures, lamps and components in Booth 149 during the Lightfair 2010 show held May 12 to 14 at the Las Vegas Convention Center.

In addition to exhibiting its industry-leading Cree TrueWhite™ Technology-based LED downlights, including the new high-output, deeply recessed LR6-DR1000, Cree is also debuting its newest LED lamp, the LBR30™. Cree will be demonstrating its new LRP-38-1000L which delivers 1000 lumens of directional light, and its newest high-efficiency troffer replacement, the LR24HE, which delivers more than 100 lumens per Watt fixture efficacy. More efficient than fluorescent troffers, the LR24HE has a CRI of 90 and is designed to last 50,000 hours.

Cree will also be demonstrating its line of lighting-class LED components, including the newest XLamp® XM LED platform. Cree’s first LED module, the LMR4, will be shown in the Cree booth. Luminaires incorporating the LMR4 will also be on display in the following booths: Con-Tech, booth 348; dmf LIGHTING, booth 277; Intense Lighting, booth 727; and LITON Lighting, booth 1321.

Cree’s booth will feature an interactive display showing real-time Tweets about Lightfair, and attendees can stay on top of news and trends by following @Cree on Twitter with the hashtag #CreeLFI. Photos, information, comments and short video clips will be available via the company’s Twitter, Facebook, YouTube and Flickr pages. Cree will be also be showcasing its newly redesigned LED lighting website, CreeLEDRevolution.com, allowing visitors to pledge to join the LED Lighting Revolution.

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 the risk we may be unable to develop and release commercial products with performance ratings comparable to the development results described above; the risk we may encounter delays or other difficulties in ramping up production of our new products; 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 and TrueWhite, Cree TrueWhite, LBR30, LRP-38, LMR4, LR24 and LR6 are trademarks of Cree, Inc.