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High-Performance Chip and R & D Package Combine for Record-Setting Efficacy

Mon, 12/07/2009 - 4:00am

Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces it has achieved industry-best reported R&D results of 186 lumens per watt for a white power LED.

This result demonstrates Cree's continued focus on pushing the performance of its LEDs. Cree's tests confirmed that the LED produced 197 lumens of light output and achieved 186 lumens per watt efficacy at a correlated color temperature of 4577K. The tests were conducted under standard LED test conditions at a drive current of 350mA, at room temperature.

"This result is a testament to the tremendous progress Cree has made this year," said John Edmond, Cree co-founder and director of advanced optoelectronics. "As energy efficiency becomes increasingly important in addressing our nation's energy challenges, Cree is doing its best to deliver the most energy-efficient LED technology possible."

While this level of performance is not yet available in Cree's production LEDs, Cree continues to offer volume quantities of the industry's broadest family of 100+ lumen LEDs.

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 solutions, and semiconductor solutions for backlighting, wireless and power applications.

Cree's product families include recessed LED down lights, 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.CreeLEDlighting.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 customer acceptance of LED 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.

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