LED light panel manufacturer and supplier

Brighter XT-E and XM-L High-Voltage LEDs Drive Performance Up and System Cost Down

DURHAM, N.C., April 9, 2012 — Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces the availability of brighter Cree® XLamp XT-E and XM-L High-Voltage LEDs to provide manufacturers more efficient, cost-effective components. The new, high-performance LEDs leverage the SC³ Technology Platform, which also powered the previously introduced XLamp® XB-D and XT-E LEDs. The SC³ Technology Platform, built on Cree’s advanced silicon carbide technology, features advancements in LED chip architecture and phosphor, and boasts a new package design to deliver the most advanced LED components in the industry.

Leveraging the SC3 Technology Platform, the brighter XT-E and XM-L High-Voltage LEDs deliver up to 22 percent more lumens than their predecessors. XLamp XT-E and XM-L High Voltage LEDs are designed to use lower cost, higher efficiency and smaller size drivers than standard-voltage LEDs. The brighter high-voltage XLamp XT-E and XM-L LEDs provide comparable performance to their standard-voltage counterparts, eliminating the trade-off of optimizing for either LED efficacy or driver efficiency. The new high-voltage XLamp LEDs provide customers with more design options to address a wider spectrum of small indoor and outdoor lighting applications such as accent lights and replacement lamps.

“Relentless innovation, like the SC3 Technology Platform, will always be part of Cree’s DNA, and applying the innovations to optimize application performance, lower system cost and drive LED lighting adoption is our mission,” said Mike Watson, Cree senior marketing director, LED components. “Leveraging the power of the SC³ Technology Platform, Cree has fundamentally transformed price-performance with the XB-D LED, set new performance standards with the XT-E LED and with the introduction of the new XT-E and XM-L High-Voltage LEDs, redefined performance limits for LEDs of this size.”

The XT-E High-Voltage LEDs can deliver up to 357 lumens at 3 watts in cool white (6500K) and up to 275 lumens at 3 watts in warm white (3000K), both at 85°C. The XM-L High-Voltage LEDs can deliver up to 647 lumens at 6 watts in cool white (6500K) and 555 lumens at 6 watts in warm white (3000K) both at 85°C.

For more information on the Cree SC³ Technology Platform, visit www.cree.com/accelerate. Samples are available immediately and production volumes are available with standard lead times. To locate a distributor, please visit www.cree.com/buyxlamp.

About Cree
Cree is leading the LED lighting revolution and making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, mercury-free LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting, and semiconductor products for power and radio frequency (RF) 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 RF devices. Cree products are driving improvements in applications such as general illumination, backlighting, electronic signs and signals, power suppliers and solar inverters.

For additional product and company information, please refer to www.cree.com. To learn more about the LED Lighting Revolution, please visit www.creeledrevolution.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 that we may be unable to manufacture these new products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk we may encounter delays or other difficulties in ramping up production of our new products; customer acceptance of the new products; the risk that actual savings may vary from expectations; 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 26, 2011, and subsequent filings.

Cree® and XLamp® are registered trademarks of Cree, Inc.

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