Characterized at 85°C, the XM-L2 LED is available in 2700K to 6200K color temperatures and offers minimum CRI options of 80, 85 and 90. Additionally, since the XM-L2 LED is a successor product to XM-L LEDs, the application of ENERGY STAR ® qualification requires only 3000 hours of XM-L2 LED LM-80 data, instead of the normal 6000 hours. The XM-L2 LED is also UL-recognized and features a level 4 rating.Cree ® XLamp XM-L2 LED samples are available now and production quantities are available with standard lead times. To learn more, please visit www.cree.com/xml2. 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 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 ® and XLamp ® are registered trademarks, and SC³ Technology™ is a trademark of Cree, Inc. ENERGY STAR ® is a registered trademark of the U.S. Environmental Protection Agency.