Cree Launches New Screen Master® 4mm LEDs with Industry’s Widest Viewing Angle

Red, Green and Blue Oval LEDs Optimized for the Outdoor Video Screen Market

DURHAM, N.C. --

Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces commercial availability of the new C4SMK family of red, green and blue 4mm oval LEDs. These additions to the Screen Master® Cree LED series deliver the widest viewing angles available in the market today along with tightly-matched radiation patterns for video screen applications.

“Just as in lighting, Cree is once again setting the standard of performance for the industry with the new C4SMK Screen Master LED series,” said Paul Thieken, Cree, director of marketing, LED Components. “These new high brightness LEDs can enable video screen manufacturers to deliver an even better viewing experience for their customers.”

The blue and green C4SMK 4mm LEDs offer a viewing angle of 115° in the horizontal axis and 65° in the vertical axis, while the red C4SMK 4mm LED has a viewing angle of 110° in the horizontal axis and 60° in the vertical axis, as is customary in the industry. To find an authorized Cree Screen Master distributor in your area, please visit www.cree.com/buyHB.

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 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.