Cree Announces the Next Generation of Extreme High Power LEDs

New XHP50.2 LED Delivers Highest Lumen Density in Its Class

DURHAM, N.C. — (BUSINESS WIRE) — December 14, 2016 — Cree, Inc. (Nasdaq: CREE) introduces the XLamp® XHP50.2 LED, which delivers up to seven percent more lumens and 10 percent higher lumens-per-watt (LPW) than the first generation XHP50 LED in the same 5.0 mm x 5.0 mm package. The new XHP50.2 LED enables lighting manufacturers to quickly improve the performance of existing XHP50 lighting designs. Capable of producing more than 2,500 lumens from its 6mm light emitting surface (LES), the XHP50.2 can reduce the size and cost of new designs and enable innovative solutions to address applications ranging from spot to street lighting.

“Arianna shares Cree’s vision that LEDs should not compromise quality or performance and should provide better lighting experiences in all aspects,” said Lorenzo Trevisanello, R&D manager of Arianna. “Our goals are to achieve the best cost-efficacy and versatility using the most efficient LEDs. Thanks to the XHP50.2 LED’s lumen density and proven reliability, even at high operating temperatures and drive currents, we are able to push the performance and size boundaries of our products even further.”

In addition to light output and efficacy enhancements, the XHP50.2 LED provides improvements to optical uniformity through secondary optics, enabling spot and portable lighting manufacturers to deliver better lighting experiences. The XHP50.2 LED has LM-80 data available immediately, reducing the time required to receive ENERGY STAR® and DesignLights Consortium® qualifications.

“Cree redefined High Power LED performance with the introduction of the industry’s first Extreme High Power LEDs,” said Dave Emerson, senior vice president and general manager for Cree LEDs. “Delivering the industry’s best lumen density and reliability, Cree’s XHP LED family allows our customers to achieve performance levels not possible with other LEDs at the lowest total system cost in a wide range of applications. With the launch of XHP50.2, Cree continues to redefine what is possible with high performance LEDs.”

Featuring Cree’s EasyWhite® technology, which provides the industry’s best color consistency, the XLamp XHP50.2 LEDs are available in 2700K-6500K with high CRI options. Product samples are available now, and production quantities are available with standard lead times. Please visit www.cree.com/xlamp/xhp50_2 to learn more.

About Cree

Cree is a market-leading innovator of lighting-class LEDs, lighting products and semiconductor products for power and radio frequency (RF) applications. Cree believes in better light experiences and is delivering new innovative LED technology that transforms the way people experience light through high-quality interior and exterior LED lighting solutions.

Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree’s products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and inverters.

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 our new 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 26, 2016, and subsequent filings.

Please refer to  www.cree.com for additional product and Company information.

Cree®, EasyWhite® and XLamp® are registered trademarks of Cree, Inc. ENERGY STAR® is a registered trademark of the U.S. Environmental Protection Agency. DesignLights Consortium® is a registered trademark of Northeast Energy Efficiency Partnerships, Inc.



Contact:

Cree, Inc.
Claire Simmons
Corporate Communications
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