The Cree Cup Launches in China with Nearly 1,000 Students Submitting More than 100 Designs The first Cree Cup - Creative LED Lighting Design Contest for China University Students jointly organized by the China Association of Lighting Industry (CALI) and Cree, Inc. has successfully completed its preliminary round. After evaluation by the Contest Review Committee, 50 design projects have been selected for the final round.

Cree, a leader in LED lighting, announces that LR24 recessed LED luminaires have been installed in the National Air and Space Museum. Designed for the new “Moving Beyond Earth” exhibit, the Cree LED lights replace high intensity discharge work lights, offering the high lumen output and efficacy required to work in the gallery.

Bulbs.com, a leading online light bulb supplier, announced that it has become an online distributor of Cree's LED lighting solutions. Cree LED Lighting delivers highly efficient, long-lasting lighting products for residential, commercial, industrial and institutional applications. CEO of bulbs.com., Mike Connors said, "We're glad to be working with Cree to make this major addition to our LED lighting product selection."

Cree, Inc., a market leader in LED lighting, announced EasyWhite™ bins, an LED innovation that both simplifies LED system design and improves LED-to-LED color consistency. EasyWhite bins are offered in 3500 K, 3000 K and 2700 K color temperatures and are 75 percent smaller than the ANSI C78.377 standard color regions.

Cree, Inc., a market leader in LED lighting, announces the commercial availability of new, high-efficiency white XLamp® XP-E LEDs. These “outdoor white” LEDs provide the same flux and efficacy levels as Cree’s XLamp cool white LEDs with a neutral color that more closely matches existing high-intensity discharge (HID) installations (4000K – 5300K CCT).

The publication of relevant criteria for LED lighting will be of vital importance for the development of LED industry, said Lee Soo Ghee, Cree’s Vice President / General Manager Asia Pacific, at the LEDforum 2009. With the criteria set up, the quality of LED lighting will get controlled and standardized, which is expected to accelerate the promotion of LED lighting as well as more quickly realize the substantial drop in cost of energy saving, he said.

Cree, Inc. announces that it has acquired a portfolio of patents and patent applications related to semi-insulating silicon carbide (SiC) material and power device technology from Daimler AG. The portfolio consists of approximately 20 patent families, including issued patents in the United States, Germany, Japan, and China. U.S. Patent No.

Cree, Inc. Wednesday signed an agreement with LED do Brasil Comercio de Produtos Eletronicos Ltda. to promote the sale of Cree LED components in Brazil. Brazil is the 10th largest energy consumer in the world and the 3rd largest in the Western Hemisphere, behind the United States and Canada.

Cree, Inc. announces it has achieved industry-best reported R&D results of 186 lumens per watt for a white power LED.

Cree, Inc. and Ningbo Liaoyuan Lighting Co., hosted the 2009 LED Lighting Fixture Promotion Conference last week in Guangzhou, China. The conference featured government officials and leaders from city street lamp management offices.

Cree Inc., a leading provider of LED lighting, will double its chip production capacity next year to meet strong worldwide growth, the China Daily reports, citing a top executive of the company. The company Monday (Nov.9) signed an agreement with the local government of Huizhou in China, to build the world's largest manufacturing plant, with a floor area of 55,000 sqm, for LED chips. The company would further expand production capacity depending on market performance, said Chuck Swoboda, Cree chairman and CEO.

Cree, Inc.  announced yesterday (Nov. 9) an agreement to purchase a 592,000-square-foot facility in Huizhou, Guangdong Province, China. The facility will be Cree’s first chip-production facility outside of North America and is targeted to also house future components manufacturing expansion.

Cree, Inc. Wednesday announced that it has been selected to provide energy-efficient LED lighting to Walmart for new stores and renovations. Walmart plans to install Cree LRP-38 LED light bulbs in 650 stores during the first year, replacing ceramic metal halide in the produce and electronics departments. Cree’s industry-leading LR6 recessed LED downlights are also being used in new construction applications.

Chuck Swoboda, chairman and chief executive officer of Cree, Inc. (Nasdaq: CREE) joined U.S. Energy Secretary Steven Chu at the Clean Energy Economy Forum to discuss science, innovation and job creation in the new clean economy.  

Today, at the annual Cree (Nasdaq:CREE) shareholder meeting, Cree Chairman and CEO Chuck Swoboda demonstrated an A-lamp LED light bulb with the highest lumen output and efficacy reported in the industry. The bulb produces 969 lumens at an impressive 102 lumens per watt, which is the light output equivalent to a 65-watt incandescent bulb, yet it uses only 9.5 watts.

Cree, Inc., a market leader in LED lighting, is redefining expectations of lighting-class LEDs with the addition of new 100+ lumen XLamp(R) XP-C LEDs to the company's line of XLamp LEDs. This addition shifts Cree's entire XLamp portfolio of lighting-class LEDs into the 100+ lumen range, at 350 mA.

Cree Inc. Tuesday posted first-quarter earnings and revenue well above market expectations, and forecast strong second-quarter results. The LED lighting manufacturer reported net income of $21 million, or 23 cents per share, on $169.1 million in revenue for its fiscal 2010 first quarter, ended Sept. 27. That's up from net income of $5.9 million, or 7 cents per share, on $140.4 million in revenue in the same period a year ago.

Cree, Inc. extends its lighting-class LED leadership into PLCC LEDs with the commercial availability of the new XLamp® MX-6 LED. The MX-6 LED offers the performance and reliability that customers expect from Cree XLamp LEDs with enhanced light uniformity and low power consumption.

Cree, Inc. announces that Alfred University has joined the Cree LED University(R) program, an international community of universities working to accelerate the adoption of energy-efficient LED lighting across their campuses.

Cree, Inc. announces the expansion of its North Carolina manufacturing capacity and the addition of North Carolina-based green jobs as the market for energy-efficient LED lighting continues to expand. Cree expects to add 275 North Carolina jobs during 2009 to serve the expansion of LED manufacturing capacity and other staffing needs at its Durham, N.C., facility. Cree anticipates creating an additional 300 jobs by the end of 2012.

Cree announced the commercial availability of the XLamp® XP-G LED, the industry’s brightest and most efficient lighting-class LED. The XP-G LED can produce up to 367 lumens when driven at 1A, at a typical efficacy of 111 lumens per watt; making it 46 percent brighter and 64 percent more efficient than the highest-performance XR-E LED, with an 80 percent smaller footprint.

Cree, Inc. has the most lighting-class LEDs meeting the stringent U.S. Department of Energy (DOE) ENERGY STAR® performance criteria, offering fixture manufacturers a significant benefit when designing with XLamp® XR-E, XP-E or MC-E white LEDs.

Cree, Inc. announces that it won the top prize in the 2009 Lighting for Tomorrow - Solid State Lighting Competition. The Cree LR6-DR1000 recessed downlight was awarded the coveted Grand Prize at an award ceremony at the American Lighting Association (ALA) Conference this week. The Cree LRP-38, a PAR38 bulb, and the LR6-HE (high-efficiency) were also recognized with Special Focus Awards for technical innovation and high efficiency, respectively.

Danville, Virginia, announces that it has joined the Cree LED City® program, an international initiative promoting the deployment of energy-efficient LED (light-emitting diode) lighting. The city has installed Cree LED lights in the Danville Water Treatment Plant and the Adult Detention Center in response to the Go Green Virginia initiative sponsored by the Virginia Municipal League (VML).

Cree, Inc. last week announced that the public offering of 11,000,000 shares of its common stock has priced at $35.50 per share for gross proceeds of $390.5 million. The offering includes a 30-day option for the underwriters to purchase up to 1,650,000 additional shares to cover overallotments, if any. Cree is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933. The offering is expected to be completed on September 16, 2009, subject to customary closing conditions.

Cree Inc. and the China Associate of Lighting Industry (CALI) announce that the first Cree Cup – Creative LED Lighting Design Contest has officially launched in Mainland China, Hong Kong, Macau and Taiwan. The contest, the first of its kind among university students in these regions, seeks to cultivate innovation and support promising talent in the field of LED lighting design.

Cree, Inc. yesterday reported its 4Q09 revenue and forecast better-than-expected first-quarter results. The company scored record revenue of $148.1 million for its fourth quarter of fiscal 2009, representing a 9% increase compared to revenue of $135.9 million reported for the fourth fiscal quarter last year and a 13% increase compared to the fiscal third quarter of 2009. And for fiscal year 2009, the company reported revenue of $567.3 million, which represents a 15% increase compared to revenue of $493.3 million for fiscal 2008.

Cree, Inc. announces that Fairview, Texas, has joined the LED City® initiative, an international program that promotes the deployment of energy-efficient LED lighting. The newly constructed, four-lane Fairview Parkway, designed specifically to be lit with LEDs, features 82 LED street lights from EvoLucia, a division of Sunovia Energy Technologies, Inc.

The City of Light Is First City in South Korea to Join International Program Cree, Inc. (Nasdaq: CREE) announces that Gwangju, South Korea, is the first city in South Korea to join the LED City® initiative, an international program that promotes the deployment of energy-efficient LED lighting. Gwangju, South Korea’s center for the advancement of photonics, is home to 180 companies that were formed to research, develop and commercialize LED lighting products.

A new, more energy-efficient McDonald’s is now open in the Saltbox Village shopping center in Cary, N.C. Featuring LED lighting from Durham-based Cree, Inc. (Nasdaq: CREE), the new building is on-track to be the first LEED (Leadership in Energy and Environmental Design) certified McDonald’s in the state.