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Press release from Business Wire

Cree Introduces XLamp XQ LEDs Delivering Breakthrough Size and Light Distribution

Thursday, March 28, 2013

Cree Introduces XLamp XQ LEDs Delivering Breakthrough Size and Light Distribution

09:00 EDT Thursday, March 28, 2013

DURHAM, N.C. (Business Wire) -- Cree, Inc. (Nasdaq: CREE) announces the availability of a new product family, the XLamp® XQ LEDs, featuring a unique combination of small size, novel light distribution and high reliability design. This combination of features enables the next generation of designs for applications that require broader light distribution such as omni-directional lamps and fixtures.

The XQ LEDs are Cree's smallest lighting-class LEDs at just 1.6mm x 1.6mm, 57 percent smaller than Cree's XLamp XB package. Built on Cree's revolutionary SC3 Technology™ Platform, the ceramic-based XQ LEDs are designed to deliver the long-term calculated lifetimes of Cree's other high-power LEDs, such as the high performing XP or XT LEDs. The XQ LED's new light emitting pattern directs more light towards the edge rather than the center of the package. Compared to existing LEDs, XQ LEDs allow fewer packages to achieve a wide, distributed light pattern. Together, these innovations can enable manufacturers to increase the light output, expected lifetime and omni-directionality of their designs.

“The high reliability of the ceramic based XQ-B LED allows us to offer a high quality solution that does not compromise on lifetime,” says Martin Hockemeyer, Vice Chairman of the Board of TELEFUNKEN Licht AG. “The unique optical advantage of the XQ-B gives us the opportunity to create the brilliant look that our customers are looking for.”

“Once again, Cree is creating innovative solutions to allow our customers to differentiate their products,” said Paul Thieken, Cree director of marketing, LED components. “Unlike other mid-power packages, the XQ LEDs allow lighting manufacturers to meet their light distribution requirements using fewer LEDs without giving up the performance or reliability that they expect from Cree's lighting-class LEDs.”

The XQ family includes two new LEDs, the XQ-B and the XQ-D. In cool white (5000K), the XQ-B LED delivers up 160 lumens-per-watt at 0.18 W and the XQ-D LED delivers up to 130 lumens-per-watt at 1 W. Both LEDs are available in 2700K to 6500K color temperatures with minimum 80 CRI option.

Cree® XLamp XQ LED samples are available now and production quantities are available with standard lead times. Visit www.cree.com/xq to learn more about Cree's latest innovation.

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 actual savings and lifetimes may 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® and XLamp® are registered trademarks, and SC³ Technology™ is a trademark of Cree, Inc.

Cree, Inc.
Gena Fiegel, 919-407-7651
Corporate Communications
media@cree.com

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