New High-Performance LEDs Double Lumens-per-Dollar to Accelerate Adoption of LED Lighting Cree, Inc. announces commercial availability of XLamp® XB-D color LEDs and XLamp XM-L multi-color LEDs. The high-performance color LEDs provide lighting manufacturers with discrete and multi-color LED options to more cost-effectively address a wider spectrum of applications such as architectural, vehicle and display lighting. Cree XLamp XB-D color LEDs extend the double lumens-per-dollar performance of the XB package to color LEDs, deliver...

Installation of Cree CR22™ LED Troffers Yield Energy Savings of 33 Percent The Hart Senate Office Building, the third and largest office building serving the U.S. Senate, now features energy-efficient LED lighting by Cree, Inc. (Nasdaq: CREE). More than 150 Cree CR22™ architectural LED troffers were recently installed in the American Grill, Sundry Shop and main hallway of the Hart Building – delivering a 33 percent reduction in annual energy costs. Cree® CR22 linear luminaires replaced 130 CFL downlights and linear...

Cree reaffirms its commitment to delivering world-class LED lighting quality, performance and customer service with the introduction of a 10-year limited warranty on nearly all new Cree® commercial LED lighting fixtures. “Cree continually pushes the limits on LED lighting innovation,” said Doug Knisely, director of building and petroleum construction, Sheetz, Inc. “The new warranty further validates our decision to use Cree LED lighting. Industry leading energy efficiency, lifetime performance and quality make Cree LED lighting a smart choic...

Doubles the Lumens-Per-Dollar and Delivers Up To 20 Percent More Lumens Per Watt Over Original XP-E LED Cree, Inc. (Nasdaq: CREE) introduces the new XLamp® XP-E2 LED, delivering higher lumens per watt and lumens-per-dollar to lower system costs for existing XP-E and XP-G designs. The new XP-E2 LEDs can increase the lumen output of XP-E designs for the same cost and power or lower system cost with fewer LEDs – enabling lighting manufacturers to deliver a better lighting system with minimal redesign. “The price to pe...

Installation of Cree LEDway® Street Lights Expected to Save Nearly $200,000 Yearly in Energy and Maintenance Costs The Town of Oyster Bay, New York is installing LEDway® street lights from Durham-based manufacturer Cree, Inc. (Nasdaq: CREE) as part of a Town-wide upgrade of its high pressure sodium (HPS) lights to energy-efficient LED lighting. To-date, 2,500 Cree® LEDway street lights have been installed out of the 4,000 planned. The Town received a $2 million Energy Efficiency Conservation Block Grant (EECBG) from the U...

City Creek Center, a newly completed LEED Silver project in the heart of Salt Lake City, is evocative of a European streetscape and features 200 custom LED hanging light fixtures, each containing three Cree XLamp XP-G LEDs. Designed by Mike Joye of Auroralight, the LED festoon lighting creates as welcoming atmosphere for visitors to enjoy outdoor seating at night at any of the several restaurants located in the area.   The luminaires, nicknamed “The Necklace,” are three different lengths, 12”, 24” and 36”, and hang in a r...

Cree, Inc. announces its latest silicon carbide (SiC) offering with low basal plane dislocation (LBPD) 100-mm 4H SiC epitaxial wafers.  This LBPD material exhibits a total BPD density of < 1 cm-2 in the epitaxial drift layer, with BPDs capable of causing Vf drift as low as < 0.1 cm-2.   This low BPD material further demonstrates Cree’s long-standing commitment to continuous improvement and investment in SiC materials technology. “Bipolar devices in SiC have long been held back by forward voltage degradation caused by the pres...

Cree announces availability of high quality, low micropipe 150-mm 4H n-type silicon carbide (SiC) epitaxial wafers. Cree continues to lead the SiC materials marketplace in driving to larger diameters and this latest advancement lowers device cost and enables adoption for customers with existing 150-mm diameter device processing lines. 150-mm epitaxial wafers with highly uniform epitaxial layers as thick as 100 microns are available for immediate purchase. SiC is a high-performance semiconductor material used in the production of a broad range of lighting, power and communication ...

Latest Innovation Integrates Precise Optical Control, Exceptional Color Quality and Fast Payback Cree, Inc. (Nasdaq: CREE) introduces THE EDGE® High Output (H.O.) Area and Flood Light LED luminaires. Capable of replacing high output sources of the past such as 1000 watt metal halide and using 50 percent less energy in most applications, the new luminaire features more than 20 optical configurations. Among them is a new FrontlineOptic™ technology designed specifically for auto dealerships. THE EDGE H.O. luminaire delivers brilliant ...

Newport News Public School District in Virginia recently installed more than 185 Cree, Inc. (Nasdaq: CREE) LED exterior luminaires, becoming the first Virginia school district in the area with a significant LED lighting installation. The district selected Cree THE EDGE® security, area and parking structure luminaires to illuminate the exteriors of seven schools: General Stanford Elementary, Greenwood Elementary, Lee Hall Elementary, Palmer Elementary, Crittenden Middle, Booker T. Washington Middle and Denbigh High. “These energy ef...

The LED lighting revolution has expanded to Jakarta, Indonesia. The LED illumination’s vast ambient and security benefits led to the installation of more than 3,000 area lights, featuring CreeXLamp XP-G LEDs, along a newly developed shopping and commercial area. Beginning in summer 2011, Lian-Fa replaced 200-watt high pressure sodium lamps with the LED-based luminaires for brighter and broader illumination, enabling shoppers and visitors to feel safer and more comfortable while visiting the area at night. The range of 105-watt, 133-watt and 200-watt lumi...

Cree has announced revenue of $306.8 million for its fourth quarter of fiscal 2012, ended June 24, 2012.  This represents a 26% increase compared to revenue of $243.0 million reported for the fourth quarter of fiscal 2011 and an 8% increase compared to the third quarter of fiscal 2012.   GAAP net income for the fourth quarter was $10.0 million, or $0.09 per diluted share, a decrease of 49% year-over-year compared to GAAP net income of $19.8 million, or $0.18 per diluted share, for the fourth quarter of fiscal 2011. On a non-GAAP basis, net income for the fourth qu...

Breakthrough Innovations Optimize Performance, Lower Cost and Drive LED Lighting Adoption Less than one year after showcasing the 152 lumens-per-watt concept LED bulb, Cree, Inc. (Nasdaq: CREE) delivers a new performance benchmark with the 170 lumens-per-watt (LPW) prototype LED light bulb. The innovations behind the high-performance 170 LPW LED bulb are enabling significantly higher efficacy and lower cost for Cree’s luminaire portfolio and demonstrate Cree’s continued commitment to accelerate the adoption of LED lighting by addressing...

New Downlights Enable Rapid Payback, Exceptional Light Quality and Efficacy Over Fluorescent and Incandescent Lighting LED lighting leader Cree, Inc. (Nasdaq: CREE) introduces a new four-inch CR4™ LED downlight and a higher lumen output six-inch downlight. Relentless innovation has enabled Cree to attack cost barriers to LED adoption, while exceeding the industry’s highest standards for performance, color quality and ease of use. The new six-inch CR6™ downlight uses 87 percent less energy than comparable incandescent lighting and deli...

Tallahassee, Fla.-based cooperatively owned grocery store New Leaf Market selected Cree’s new CS18 LED linear luminaires for a recent lighting upgrade in its 13,7000 square-foot store, resulting in significant energy savings and enhanced lighting. Here are some additional details:   •    In keeping with its commitment to advancing green initiatives at every opportunity, New Leaf Market installed 38 Cree CS18 LED linear luminaires to replace the previous T8 linear fluorescent fixtures to provide striking illumination from the enhanced co...

Leverages SC³ Technology Platform to Drive Performance Up and System Cost Down Cree, Inc. (Nasdaq: CREE) introduces the XLamp® XP-G2 LED to deliver luminaire manufacturers up to 20 percent more lumens per watt and 2.5 times the lumens-per-dollar over the original XP-G LED. The brighter, more efficient XP-G2 LED provides customers an immediate boost in performance and enables manufacturers to use fewer LEDs to get the same brightness at lower cost or increase brightness levels using the same LED count and power.   Characterized...

Cree XLamp® LEDs Upgrade Street Lighting in Beibei District Delivering Significant Energy and Maintenance Savings Officials in the Beibei district of Chongqing, China recently completed the installation of more than 20,000 street lights featuring 1.9 million Cree (Nasdaq: CREE) XLamp® XP-E and XP-G LEDs. The country’s largest municipal intelligent lighting control project began in July 2011 and includes nearly 16 miles of highway, with Cree LED-based luminaires installed along 119 streets and one tunnel. Officials estimate the ins...

Cree has released an updated, advanced process design kit (PDK) based on Agilent Technologies’ Advanced Design System (ADS) software that will provide microwave and RF design engineers with a comprehensive suite of design and simulation tools for developing GaN-on-SiC HEMT devices. The free PDK integrates the latest version of Agilent ADS with Cree’s GaN-on-SiC process technology parameters and design rules. Engineers can now more quickly develop monolithic microwave integrated circuits (MMICs). “The latest version of this...

Recently, according to The U.S. Department of Energy (DOE), it has released more than $7 million for three innovative lighting projects at companies in California, Michigan and North Carolina that aim to lower the cost of manufacturing high-efficiency solid-state lighting (SSL) technologies LEDs and OLEDs.   The two-year projects selected will focus on significantly reducing manufacturing costs while continuing to improve the quality and performance of solid state lighting technologies.  These investments, which will leverage an additional $5 million in p...

Unveils New Technology Centers in Shenzhen and Shanghai to Help Accelerate LED Product Development Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces new technology centers in China, further expanding Cree TEMPO (Thermal, Electrical, Mechanical, Photometric, Optical) Services in these key markets. The groundbreaking technology centers support demand for Cree products and services throughout China and demonstrate Cree’s commitment to accelerate broader market adoption of LED lighting. TEMPO Services provide LED l...

Cree announced that John Kurtzweil has resigned as executive vice president-finance and chief financial officer, effective May 21, 2012, to pursue other opportunities, and that Michael McDevitt has been appointed CFO on an interim basis.  Mr. Kurtzweil plans to continue as a Cree employee until June 15, 2012, to assist with the transition of his responsibilities. Cree has commissioned a search for a replacement through Russell Reynolds Associates, executive search consultants. Cree's interim CFO, Mike McDevitt, joined Cree in 2002 as corporate control...

Marvell has teamed up with Cree on new LED lamp joint reference design. The new A19 60-watt dimmable LED lamp reference design combines the Cree® XLamp® LEDs and Marvell® 88EM8183 deep-dimming TRIAC LED driver integrated circuit (IC), enabling original equipment manufacturers (OEMs) and original device manufacturers (ODMs) to offer the highest compatibility with existing dimmers. The new design delivers industry-leading deep dimming performance with system efficacy of more than 75 lumens per watt. At Lightfair International 2012, the A...

Industry Leaders Integrate LED Products and Controls for Maximum Energy Efficiency The growing demand for energy-efficient LED lighting solutions combined with increasingly stringent energy and building codes require an advanced level of lighting and control integration.  Cree, Inc. announces a first-of-its-kind agreement with Lutron Electronics Co., Inc. to embed Lutron EcoSystem® technology on a chip in Cree® luminaires to accelerate LED adoption and increase energy efficiency for building designers, contractors and owners.   The combina...

Eliminates Initial Cost Barriers and Continues to Drive LED Adoption   Cree, Inc. (Nasdaq: CREE) introduces the industry’s first LED downlight designed to deliver specification-grade lighting performance with pricing to match the everyday price of incumbent technology fluorescent grade downlights. With initial models designed to replace 18 and 26 watt fluorescent downlights, the KR Series is at least 35 percent more efficient than incumbent fluorescents and is designed to last up to five times longer. “The innovative Cree KR Series truly...

New Cree LMH2 Module Delivers Unparalleled Efficacy and Design Flexibility Cree, Inc. (Nasdaq: CREE) expands the recently launched 2000 and 3000 lumen LMH2 module family and delivers lighting manufacturers a new dome lens and universal driver with dimming options. The new lens enables up to a five percent increase in system efficacy compared to the standard lens and delivers an unrivalled hemispheric light pattern. Cree LMH2 modules enable true 50 watt and 70 watt ceramic metal halide LED replacements and support an expansive range of lighting applications, i...

Breakthrough Innovation Integrates High Efficacy, Advanced Optics and Architectural Design Far Outperforming Antiquated Linear Fluorescent Technology Building on the success of the CR Series LED Troffer, Cree, Inc. (Nasdaq: CREE) introduces the CS Series LED Linear Luminaire to deliver fast payback* to low bay lighting applications. The new high-efficacy suspended linear luminaire uses 40-50  percent less energy than comparable linear fluorescents and delivers an unmatched performance combination of up to 120 lumens per watt, 90 CRI and 75,0...

Sacramento Facility to Save 91% of Lighting Energy with Integrated Wireless Lighting Controls and LED Fixtures Daintree Networks, Inc., the leading provider of intelligent wireless lighting controls for commercial buildings, today announced a successful installation for the Sacramento facility of United Stationers Inc., a leading North American wholesale distributor of business products. With the help of Sacramento Municipal Utility District (SMUD), United Stationers installed an integrated intelligent lighting system consisting of Cree’s energy-savi...

Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting,  announced revenue of $284.8 million for its third quarter of fiscal 2012, ended March 25, 2012. This represents a 30% increase compared to revenue of $219.2 million reported for the third quarter of fiscal 2011 and a 6% decrease compared to the second quarter of fiscal 2012. GAAP net income for the third quarter was $9.5 million, or $0.08 per diluted share, a decrease of 50% year-over-year compared to GAAP net income of $18.9 million, or $0.17 per diluted share, for the third quarter of fiscal 2011. On a n...

Collaborative Workshop Created Universal Symbol for LED Lighting As the world prepares to celebrate Earth Day, Cree, Inc. (Nasdaq: CREE)  and The Noun Project are pleased to release 15 new symbols for energy-efficient technologies, including LED lighting, designed during the recent Iconathon at the Cree campus in Durham. The symbols are now available for public download here. “By collaborating with The Noun Project, we now have a universal symbol that represents LED lighting, filling a significant void in the energy-efficient lighting lan...

Cree Pushes Performance Limits to Deliver 25 Percent Brighter LEDs LED lighting leader Cree, Inc. (Nasdaq: CREE), announces the MT-G2 LED – the first EasyWhite® LED array built on the SC³ Technology Platform. The new XLamp® MT-G2 LED delivers LED lighting manufacturers 25 percent brighter LEDs compared to the previous MT-G, enabling a wider spectrum of high lumen applications. MT-G2 LEDs are designed for high-output, directional lighting applications and are the ideal replacement for lighting applications that c...