Cree Redefines LED Module Performance

  Cree Redefines LED Module Performance

  New 4000 Lumen LMH2 LED Module Designed to Obsolete 70-Watt Ceramic Metal
                                 Halide Lamps

Business Wire

DURHAM, N.C. -- August 6, 2013

Cree (Nasdaq: CREE) introduces the new 4000 lumen LMH2 that delivers the
industry’s highest-performance LED module. The barrier-breaking module
produces the same or better quality light as 70-watt Ceramic Metal Halide
(CMH) lamps while consuming half the power and lasting three times longer – a
first in the LED industry.

“The new 4000 lumen LMH2 LED Module is an ideal LED light source to replace
70W ceramic metal halide in many lighting applications,” said Quinten van de
Vrie, director, LEDs Progress. “We can provide our customers the same light
quality and brightness required for their spaces using just half the power of
our competitors still using CMH. Working with Cree gives us a significant
performance advantage over our competitors.”

The aesthetically pleasing LMH2 LED module lets lighting manufacturers quickly
and easily add LED options to their existing lighting portfolio – addressing
different applications with lumen levels ranging from 650 to 4000 lumens with
just one set of tooling and one optical design.

“The new LMH2 LED module allows us to quickly expand our line of LED lighting
without making any changes to the beautiful vintage housing that we’re known
for,” said Bryan Scott, owner, Barn Light Electric. “Cree’s 4000 lumens LMH2
LED module will allow us to replace ceramic metal halide and CFL, which our
commercial customers are requesting. Now customers that want to light big
spaces with high ceilings have brighter options of the same beautiful,
energy-efficient light in the style and charm of vintage-style barn light
fixtures.”

The new module family delivers up to 108 lumens-per-watt system efficacy with
a CRI greater than 90 in all available color temperatures. The
high-performance LMH2 module family enables manufacturers to leverage one
product platform to create an entire product portfolio – delivering the
investment protection necessary to quickly and cost effectively address more
lighting applications.

“We are excited that Cree is expanding the LMH2 LED Module family because they
provide LED lighting solutions with low design risk,” said Mike Wang, vice
president, lighting engineering, Edison Price Lighting. “The LMH2 LED module
delivers all the best features of lighting technology - light output,
efficacy, quality of light and long lifetime - in a stable format. We know
we’re getting the best of Cree’s technology, allowing us to focus on the
luminaire design.”

The LMH2 module family is available in a range of lumen (850, 1250, 2000,
3000, and 4000), color temperatures (2700K, 3000K, 3500K and 4000K) and driver
options, including Digital Addressable Lighting Interface (DALI) and DALI®
touch dimming driver options, enabling lighting manufacturers to expand their
portfolio quickly and easily. Designed for 50,000 hours of operation and
dimmable to five percent, the LMH2 module comes with Cree’s industry-leading
five-year warranty. Luminaire makers seeking ENERGY STAR® qualification will
have access to specification and performance data, including LM-80 reports,
which can speed regulatory approvals.

Samples and production quantities are available with standard lead times from
Cree distributors. Please visit www.cree.com/lmh2 for additional information
on the new Cree® LMH2 LED module.

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.

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 actual savings and lifetimes will
vary from expectations; the risk 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 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 24,
2012, and subsequent filings.

Cree® is a registered trademark of Cree, Inc.
DALI® is a registered trademark of ZVEI-Zentralverband Elektrotechnik- und
Elektronikindustrie e.V.
ENERGY STAR® is a registered trademark of the U.S. Environmental Protection
Agency.

Contact:

Cree, Inc.
Gena Fiegel, 919-407-7651
Corporate Communications
gena_fiegel@cree.com
 
Press spacebar to pause and continue. Press esc to stop.