Cree Sets a New Standard for Indoor LED Lighting with the XLamp® MX-6 LED, Industry’s First Lighting-Class PLCC LED

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, extends its lighting-class LED leadership into PLCC LEDs with the commercial availability of the new XLamp® MX-6 LED. The MX-6 LED offers the performance and reliability that customers expect from Cree XLamp LEDs with enhanced light uniformity and low power consumption.

“We are impressed with the Cree XLamp MX-6 LED,” said Sunny Tsai, CEO of TESS, an innovative LED light bulb manufacturer. “The LED’s performance is striking, and Cree’s small bins make it easy for us to deliver a consistent product for our customers.”

“With the addition of the XLamp MX-6 LED, we now have the most diverse family of lighting-class LEDs in the industry,” said Paul Thieken, Cree marketing director, LED components. “The XLamp MX-6 LED can provide better design options for indoor applications, including under-cabinet, retail displays, LED light bulbs and fluorescent replacements.”

The XLamp MX-6 LED provides up to 130 lumens for cool white and 107 lumens for warm white at 350 mA. The XLamp MX-6 LED can also reduce luminaire and lamp manufacturing costs through an increased shelf life with reduced moisture sensitivity, and the smallest warm white bins in the industry, enhancing LED-to-LED color consistency.

XLamp MX-6 LEDs are available through Cree distributors in a full range of white ANSI chromaticity bins. To locate a distributor, please visit http://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, electronic signs and signals, variable-speed motors, and wireless communications.

For additional product and company information, please refer to www.cree.com

For product specifications and warranties, please refer to the applicable product data sheets and Cree’s sales terms and conditions available at 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 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.