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Cree CEO Meets President Obama to Discuss Advantages of LED Lighting

WASHINGTON, D.C., July 2, 2009 — Today, Chuck Swoboda, chairman and chief executive officer of Cree (Nasdaq: CREE) joined President Obama at the White House to discuss the latest developments in energy-efficient technologies. Cree, based in Durham, North Carolina, is a market-leading manufacturer of LED (light-emitting diode) products.