Cree Raises Performance Levels for XLamp® XP LEDs

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the commercial availability of higher-flux bins for warm- and cool-white XLamp® XP-E LEDs and higher maximum forward currents for both XLamp XP-E and XP-G LEDs.

XLamp XP-E cool white LEDs are now available in the R3 bin, 122-130 lumens at 350 mA, delivering up to 116 lumens per watt. Warm-white (3000 K) XP-E LEDs are available in the Q3 bin, 94-100 lumens at 350 mA. The maximum forward current for all XLamp XP-E white LEDs is now increased to 1 A, enabling more design flexibility and higher light-output applications.

In addition, the maximum forward current for XLamp XP-G LEDs is now raised to 1.5 A, delivering up to 493 lumens at 92 lumens per watt. XP-G LEDs deliver high efficacy at high currents, which can allow new high-performance LED applications where more light in less space is necessary.

“While others continue to offer 100-lumen LEDs as their highest performance level, Cree is leading the industry in lighting-class brightness and efficacy,” said Paul Thieken, Cree director of marketing, LED components. “Our lighting-class LEDs are designed to deliver the performance our customers need: hundreds of lumens, high efficacy, good quality of light and long lifetimes.”

Cree’s broad family of XLamp LEDs is available through the Cree distribution network (www.cree.com/buyxlamp).

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; the possibility that actual savings may vary from expectations; 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.