DURHAM, NC, November 20, 2007 — Cree, Inc. (Nasdaq: CREE), a market leader in LED solid-state lighting components, today announced commercial availability of green XLamp® XR-E LEDs that are 70-percent brighter than the company’s previous green power LEDs. The new green XR-E produces maximum luminous flux of 87.5 lumens at 350 mA. The new green XR-E LEDs complement the previously released blue XR-E LEDs for industry-leading performance in RGB LED applications.
“Cree’s new green and blue XLamp XR-E LEDs deliver a significant performance increase for the LED industry,” said Norbert Hiller, Cree vice president and general manager for lighting LEDs. “These new XLamp LEDs allow our customers to build more-efficient color-changing LED lighting systems and fixtures using fewer LEDs. Performance boosts at this level make RGB LED systems far easier to design and more cost-effective.”
Cree’s green and blue XR-E LEDs are the newest lighting-class members of the award-winning XLamp XR-E family, which includes industry-leading performance in warm- and cool-white LEDs. All are available in production quantities. Additional information about XLamp LEDs can be obtained by calling XLamp Sales at 919-313-5300 or at www.cree.com/xlamp.
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, LEDs for backlighting, 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 24, 2007, and subsequent filings.
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