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Press release from Business Wire

Cree CXA Platform LEDs Set Bar for Light Quality and Efficacy

<p class='bwalignc'> <i>Benchmark CRI and New LEDs Target Ceramic Metal Halide Lighting Applications</i> </p>

Wednesday, June 26, 2013

Cree CXA Platform LEDs Set Bar for Light Quality and Efficacy

09:00 EDT Wednesday, June 26, 2013

DURHAM, N.C. (Business Wire) -- Cree, Inc. (Nasdaq: CREE) expands its industry-leading CXA family with new 95 CRI options and two new LEDs providing lighting manufacturers high-performance, design versatility and low cost in one robust platform. Delivering up to twice the efficacy of equivalent CRI LED light sources, the new CXA CRI options deliver halogen-like color and push the boundaries of lighting-class performance by combining high quality light with unmatched light output and efficacy. Cree's extended family of CXA LED Arrays include the XLamp® CXA1304 and CXA1816, providing manufacturers the broadest opportunity to optimize and expand their LED lighting product portfolio.

The new XLamp CXA1304 LED Array is the most compact member of the family, delivering up to 1034 lumens in a 6mm optical source size, and enabling lighting manufacturers to rapidly address small form factor lighting applications. The new XLamp CXA1816 LED Array can enable LED replacements for up to 70 watt ceramic metal halide in spot lighting or for 2000 lumen downlights with a 12mm optical source size.

“The family of CXA LED Arrays appeals to us because of the wide range of lumen options available, all at very high efficacy levels,” said Michael Lin, CEO of Buckingham Industrial Group. “Regardless of the lighting application that we want to address, there is a CXA LED Array offered that is optimized for it.”

“Customers are looking for LED-based halogen replacements that do not have the current trade-off between light quality and output with energy efficiency,” said Paul Thieken, Cree director of marketing, LED components. “With Cree's high CRI CXA LED Arrays, lighting manufacturers finally have a LED solution that can deliver high quality of light combined with high performance.”

All the LEDs in the CXA family offer 6,000 hours of LM-80 data published and are designed to support TM-21 reported L90 lifetime of over four years, even at 105°C. Available in 5000K through 2700K CCTs, the high CRI CXA LED Arrays deliver a typical CRI of 95 with a typical R9 value of 85 at 3000K. All CXA LED Arrays are available in EasyWhite® color temperatures, providing the LED industry's best color consistency for designs that use only one LED. The new family of CXA LED Arrays now delivers from 300 to over 10,000 lumens.

XLamp CXA1304 (9V and 37V options available) and CXA1816 LED samples are available now and production quantities are available with standard lead times. Please visit www.cree.com/cxa to learn more about the new Cree® CXA LEDs.

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

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

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