New, innovative Cree MicroMixing Optics are formed from thousands of tiny impressions imprinted on the state-of-the-art highly reflective polymer material. Unlike direct-view LED solutions, this multi-faceted pattern blends and softens the intense light and redirects it with precise control and color mixing. The result is beautifully balanced white light with optimal distribution within the desired area.The Cree ® CS Series LED Linear Luminaires are made in the United States and sold through Cree lighting sales channels with sample quantities targeted for availability in May 2012. For additional information, please visit www.cree.com/csseries. The CS Series will also be demonstrated at Cree’s lighting booth #3008 at Lightfair International in Las Vegas, May 9-11. *Payback calculations compare the Cree CS18™ LED linear luminaire with an industrial 4-lamp T8 fluorescent linear fixture of comparable light output. The calculations also assume a typical grocery retail space of 125 units, 24-hour per day usage, $.11 kWh energy costs and relamp maintenance. The result is estimated payback of less than 2.5 years. 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, electronic signs and signals, power supplies and solar inverters. For additional product and company information, please refer to www.CreeLEDLighting.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 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 the new products; the risk that actual savings may vary from expectations; 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, 2011, and subsequent filings.
Cree ®, Cree TrueWhite ® and TrueWhite ® are registered trademarks and Cree MicroMixing™ Optics and CS18™ are trademarks of Cree, Inc.