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 firstname.lastname@example.org
Cree Redefines LED Module Performance
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