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Press Room
Cree Announces New XLamp® XR-C LED to Broaden Its High-Performance Portfolio
DURHAM, NC, FEBRUARY 14, 2007 — Cree, Inc. (Nasdaq: CREE), a leader in LED solid-state lighting components, today announced that it is extending its award-winning XLamp high-power LED family to offer a full range of LED performance options for portable and general illumination applications. The new Cree XLamp XR-C LED delivers luminous flux of up to 74 lumens at 350 mA or 60 lumens per watt and typical luminous flux of 60 lumens and is available in production quantities.
The XR-C LED shares the same form factor as the company’s flagship XR-E LED, allowing customers to re-use design elements. The XR-C LED features the same durability and surface mount characteristics as other XLamp LEDs and provides an alternative for applications that do not require the highest brightness.
“Cree recognizes the market need for a high performance, lower-priced power LED,” notes Norbert Hiller, Cree vice president and general manager for XLamp LEDs. “The XLamp LED family now addresses the full spectrum of the power LED marketplace.” For additional information on Cree XLamp power LEDs, please call (800) 533-2583 or visit www.cree.com.
About Cree, Inc. Cree is a market-leading innovator and manufacturer of semiconductors and devices that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree’s market advantage is its world-class materials expertise in silicon carbide (SiC) and gallium nitride (GaN) for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products.
Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current, switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixture makers to defense-related federal agencies.
Cree’s product families include blue and green LED chips, lighting LEDs, LED backlighting solutions, power-switching devices and radio-frequency/wireless devices. For additional product specifications 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, such as the risk we may encounter delays or other difficulties in ramping up production of our new products; the risk we may be unable to manufacture products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for the products; variations in demand for Cree's products and its customers' products; 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 25, 2006, and subsequent filings.
Contact: Deb Lovig Marketing Communications Cree, Inc. Deb_Lovig@cree.com (919) 287-7505
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