Cree, Inc. (Nasdaq:CREE) expands its industry-leading LED bulb portfolio with the PAR38 Cree ® LED Bulb family. These ground-breaking bulbs leverage the same technical innovations that made the Cree LED Bulb the best-selling LED light bulb in America – delivering a PAR38 replacement that looks and lights the way consumers expect, but uses 80 percent less energy. At just $24.97, or up to 50 percent less than comparable LED replacements, the PAR38 Cree LED Bulb utilizes the same textured glass and standard shape of traditional halogen PAR38 bulbs and is suitable for use outdoors. Best of all, the PAR38 Cree LED Bulb lasts for 25,000 hours, meaning you won’t have to install another bulb for 23 years. *
Cree expands its industry-leading LED bulb portfolio to include two new PAR38 LED Bulbs for consumer spot and flood lighting applications. (Photo: Business Wire)“Addressing consumer spot, flood and outdoor lighting applications is the next logical step in growing our LED bulb portfolio,” said Norbert Hiller, Cree executive vice president, lighting. “The PAR38 Cree ® LED Bulb provides a lighting experience customers expect, but at a fraction of the energy consumption and cost of a traditional halogen PAR38, providing yet another reason to switch to LED and change the way people think about lighting forever.” With a textured inner surface, the PAR38 Cree LED Bulb is available in two beam angles – a 27-degree spot and 47-degree flood – and is UL ® rated for wet locations, making it ideal for outdoor fixtures and security lighting. The 27-degree spot provides a narrow, focused light, perfect for display light fixtures and track lighting, while the 47-degree flood casts a wide pool of light, ideal for general purpose lighting in track and recessed fixtures. Both versions of the new Cree bulb deliver 1500 lumens and consume only 18 watts. Like all bulbs in the Cree LED Bulb portfolio, the PAR38 Cree LED Bulb is backed by Cree’s industry-leading, 10-year limited consumer warranty and available exclusively at The Home Depot ®. Consumers can purchase PAR38 Cree LED Bulbs online now at www.homedepot.com/cree and in The Home Depot stores in the coming weeks. Visit www.creebulb.com 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.