This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Cree Launches Industry’s First Driver Compatibility Program For LED Modules

Stocks in this article: CREE

Cree, Inc. (Nasdaq: CREE) introduces the Driver Compatibility Program for its LED products. The new Driver Compatibility Program provides LED lighting manufacturers with a list of drivers that are compatible with Cree ® LED modules, as verified through evaluation and testing by Cree. By leveraging the technology and features of third-party drivers, the program enables lighting manufacturers to quickly address the requirements unique to various countries, further differentiate their products and address more applications.

The first of its kind program allows Cree to extend its LED module warranty to the use of Cree’s LED module with a compatible third-party LED driver. Cree’s LED modules warranty was previously limited to the use of a Cree LED module with a Cree driver. The Driver Compatibility Program demonstrates Cree’s continued commitment to helping LED lighting manufacturers overcome the challenges of bringing high-quality products to market faster.

“Cree’s Driver Compatibility Program enabled us to find a driver that meets a customer’s specific dimming requirement,” said Fred Farzan, president of Nora Lighting. “Because of the program, we solved the customer’s problem and won the business.”

“We're pleased to take part in Cree’s Driver Compatibility Program, which helps build a larger ecosystem for customers,” said John LaCorte, national sales manager of Thomas Research Products. “It offers a new level of confidence in selecting Cree LED products and compatible, highly reliable LED drivers from Thomas Research Products. This can speed time to market for customers that design LED luminaires.”

“Cree’s Driver Compatibility Program is yet another way Cree drives LED adoption, enabling everyone to win in the LED revolution,” said Mike Watson, Cree senior director marketing, LED components. “For driver manufacturers, the program provides access to Cree’s customers and products, expanding their market and enabling them to better serve lighting manufacturers. For lighting manufacturers, the program provides greater design flexibility and enables a shorter design cycle to get products to market faster.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs