Cree Announces Industry’s Highest-Efficacy LED Downlight

Next Generation LR6-10L LED Fixture Delivers Exceptional Energy Savings and Long Lifetime to Obsolete Outdated Fluorescent and CFL Lighting

DURHAM, N.C.--(BUSINESS WIRE)--Cree (Nasdaq: CREE) introduces the LR6-10L six-inch LED downlight delivering 1000 lumens of exceptional 90+ CRI light while achieving 90 lumens per watt. This breakthrough performance is achieved by combining the high efficacy and high-quality light of Cree TrueWhite^® Technology with an integrated driver, enabling energy savings of up to 50 percent compared to incumbent CFL technology or 30 percent compared to competing LED products. Using only 11 watts of power, the new LR6-10L downlight is ideal for use in new or retrofit commercial applications.

“When you consider the industry-leading efficacy, energy savings and long lifetime, I see no reason to specify a CFL or incandescent downlight again.”

“The latest Cree LR6^™ downlight showcases what’s possible with LED lighting,” said Greg Merritt, vice president, lighting at Cree. “When you consider the industry-leading efficacy, energy savings and long lifetime, I see no reason to specify a CFL or incandescent downlight again.”

Cree TrueWhite Technology delivers beautiful light and maintains color consistency over the rated lifetime of the product, all while maintaining high luminous efficacy – a true no compromise solution.

The high-performance fixture is available in color temperatures to match existing installations of incandescent, halogen and fluorescent technologies (2700K, 3000K, 3500K and 4000K). Featuring a 10 year warranty and dimmable to five percent on a broad range of dimmers, the Cree^® LR6-10L LED Downlight is also ENERGY STAR^® qualified. The high standard of performance opens up opportunities for more incentives and rebates available from utilities and other entities – further lowering barriers to mass LED adoption.

The LR6-10L is sold through Cree lighting sales channels. Please visit www.cree.com/lrseries for additional information.

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 actual savings will vary from expectations; the risk that we may be unable to manufacture these new products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the risk we may encounter delays or other difficulties in ramping up production of our new products; 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^®, Cree TrueWhite^® and TrueWhite^® are registered trademarks of Cree, Inc., and LR6^™ is a trademark of Cree, Inc.
ENERGY STAR^® is a registered trademark of the U.S. Environmental Protection Agency.