Cree, Inc. (NASDAQ: CREE) is expanding its outdoor lighting portfolio with the new XSP Series Area LED luminaire and the XSPW ™ Wall Pack LED luminaire, which cut energy consumption by 65 percent * and nearly eliminate maintenance costs to easily replace the millions of outdated HID luminaires currently installed in North America. Leveraging the breakthrough innovations from the industry changing Cree ® XSP Series LED street light, the Cree XSP Series Area LED luminaire and the XSPW Wall Pack LED luminaire provide unmatched performance at an affordable price that makes the switch to LED lighting the clear choice. “The Cree ® XSP Series Area and XSPW ™ Wall Pack luminaires represent the latest examples of Cree’s mission to replace inefficient technologies with LED alternatives that provide the price, quality and energy savings that dramatically improve the lighting experience and save customers money,” said Norbert Hiller, Cree executive vice president, lighting. “These new luminaires provide high performance, nearly maintenance-free lighting for up to 100,000 hours, ending the need for compromised metal halide alternatives.” Featuring Cree’s NanoOptic ® Precision Delivery Grid ™ optic technology, the XSP Series Area LED luminaire and the XSPW Wall Pack LED luminaire deliver better optical control and more uniform, white light than metal halide fixtures. Both the XSP Series Area LED luminaire and the XSPW Wall Pack LED luminaire offer multiple mounting and optical options to support a variety of installations and applications. Both luminaires are backed by Cree’s 10-year limited warranty. The Cree XSP Series Area LED luminaire and XSPW Wall Pack LED luminaire are sold through Cree lighting sales channels throughout the U.S. and Canada. Please visit www.cree.com/lighting/xspwall and www.cree.com/lighting/xsparea to learn more. 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.