“Cree has a long-standing relationship with Walmart and the continued deployment of energy-efficient lighting further establishes LEDs as the superior lighting option for retailers everywhere,” said Christopher Ruud, Cree vice president, global LED adoption. “The Mt. Pleasant location will be a great showcase of the benefits of LED lighting for the full customer experience – from the parking lot to the aisles. We’re proud to support the new Neighborhood Market right in our own backyard.”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.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 Walmart’s plans may change resulting in lower product sales; 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. Cree ® is a registered trademark, and CS18™ is a trademark of Cree, Inc.