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.Cree.com/Lighting. 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 will vary from expectations; 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. About Ronald McDonald House of Durham Since 1980, the Ronald McDonald House of Durham has allowed families to focus on the health and well being of their critically ill children by keeping families together who are in need of a community of hope, comfort, and empathy. Their programs provide families with the comforts of home –private bedrooms, inviting community spaces, daily home-cooked meals and stocked kitchen, a play room, computer room and laundry facilities – as well as a network of support through interactions with other families, staff and volunteers. Cree ® is a registered trademark of Cree, Inc.
The Ronald McDonald House of Durham, North Carolina (RMHD) is opening its doors to even more families with a newly renovated facility which features nearly 150 LED luminaires from Cree, Inc. (Nasdaq: CREE). The addition of Cree LED lighting supports the RMHD mission of providing a comfortable, warm, home-like atmosphere for critically ill children and their families, while also saving energy and money. The expansion will take the house from 29 to 55 bedrooms and features a large kitchen, community room, school room and library to serve children being treated at Duke Pediatric Hospital. Each year the RMHD in Durham hosts more than 1,000 families — providing a safe and caring “home away from home” that lets families focus on their health and well-being. “Cree LED lighting helps bring the comforts of home to families facing immense emotional and physical challenges,” said Oie Osterkamp, executive director, Ronald McDonald House of Durham. “The newly renovated house provides a safe environment to alleviate some of these challenges. The upgrade to LED lighting was a no-brainer for the Ronald McDonald House and provided the opportunity to update the inefficient lighting system from the original 1960’s-style building into modern times.” According to RMHD, the newly installed Cree ® LED lighting, including CR Series LED troffers and CR Series LED downlights, provides energy and maintenance savings estimated at nearly 65 percent over the previously planned fluorescent lighting solution. The savings from installing LED lighting can provide the facility with opportunities to allocate valuable resources to other areas of the organization. “We’re pleased to not only provide energy-efficient LED lighting products for the Ronald McDonald House of Durham, but also to support the expansion of this invaluable local resource allowing more families to be supported by RMHD,” said Greg Merritt, vice president, corporate marketing, Cree. 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.