Cree Shifts Lighting-Class LED Expectations to 100+ Lumens

New XLamp® XP-C LEDs Redefine 100-Lumen Price/Performance

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, is redefining expectations of lighting-class LEDs with the addition of new 100+ lumen XLamp® XP-C LEDs to the company’s line of XLamp LEDs. This addition shifts Cree’s entire XLamp portfolio of lighting-class LEDs into the 100+ lumen range, at 350 mA.

“Cree is redefining lighting-class LEDs yet again,” said Paul Thieken, Cree marketing director, LED components. “Customers now expect high-volume 100 lumen parts, and the Cree XLamp family delivers more than 100 lumens at 350 mA with the addition of these new XLamp XP-C LEDs.”

XLamp XP-C LEDs are available in cool white with up to 107 lumens at 350 mA. Warm white XP-C LEDs are available up to 80 lumens at 350 mA. XLamp XP-C LEDs are ideally suited for applications requiring high-performance, lower-priced lighting-class LEDs. They are available in ANSI-compatible chromaticity bins for cool and neutral white and in the industry’s smallest ANSI-compatible warm white bins.

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

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 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.