New Cree CXA High-Density LED Arrays Offer Unmatched Lumen Density

  New Cree CXA High-Density LED Arrays Offer Unmatched Lumen Density

Industry’s Highest Lumen Density Unlocks New Designs and Applications for LED
                                   Lighting

Business Wire

DURHAM, N.C. -- February 12, 2014

Three new LED arrays from Cree, Inc. (NASDAQ: CREE) redefine what is possible
for LED lighting in high-intensity applications. The Cree^® XLamp^® CXA2590,
CXA1850 and CXA1310 High-Density LED Arrays double the light output of
existing standard-density CXA LED arrays without increasing the size. This
unparalleled increase in lumen density delivers new levels of light intensity,
which enables the complete replacement of ceramic metal halide (CMH) light
sources, expands the possibilities of LED spotlights and enables applications
that could not be addressed by previous LED technologies.

“The beauty of these new high-density LED arrays from Cree is that they are
helping us bring products to the market that currently don’t exist,” said Mike
Wang, vice president, lighting engineering, Edison Price Lighting, Inc. “Never
before have we been able to harness such a large amount of light in such a
small package, which can help us improve our lighting designs and address a
number of applications that we previously could not.”

By emitting more than 15,500 lumens from a 19 mm light source, the CXA2590 LED
Array enables luminaires with the same center beam candlepower (CBCP) and
light quality of a 150-watt CMH light source at lower power, longer lifetime
and with better control. Delivering more than 9,000 lumens from a 12 mm light
source, the CXA1850 LED Array enables lighting solutions with the same CBCP
and light quality as 70-watt CMH while using half the power. The CXA1310 LED
Array provides more than 2,000 lumens in a 6 mm light source, which allows
lighting manufacturers to design smaller, more efficient track lights, reduce
the size of halogen replacements by half and deliver twice the CBCP of CMH at
30 percent less power.

“The high-density LED arrays from Cree are extremely impressive,” said
KennyEidsvold, president, Intense Lighting. “We are looking forward to using
these products in applications requiring very high center beam candlepower
that previously could not be achieved with LED-based solutions.”

Cree continues to lead the industry by offering the largest portfolio of
integrated LED arrays, and the only portfolio of high-density LED arrays.
Having multiple size and lumen output options from the extended CXA product
family helps lighting manufacturers address a wide range of lighting
applications from small form factor halogen and CMH, to sports and stadium
lighting. Lighting manufacturers can also take advantage of the CXA’s ability
to increase light output without increasing size.

“Having access to such intense light sources without having to account for
lots of variation in size is a tremendous benefit to our product design
process,” said Seok-Ki Park, CEO, Hwang-Duck Engineering Co., LTD. “We have
the flexibility to increase our design options while protecting our investment
in ongoing product development.”

Offering the industry’s best color consistency for designs that use only one
LED, Cree XLamp CXA LED Arrays are characterized and binned at 85°C, available
in ANSI White and EasyWhite^® color temperatures (2700K – 6500K), and CRI
options of 70, 80 and 95. Samples of all three new high-density LED arrays are
available now and production quantities are available with standard lead
times. Please visit www.cree.com/cxa to learn more.

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 30,
2013, and subsequent filings.

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

Contact:

Cree, Inc.
Casey Allen, Corporate Communications
919-407-5101
media@cree.com
 
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