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Cree’s New CR6™ LED Downlight Redefines Residential Lighting
May 11, 2010
DURHAM, N.C., May
11, 2010 — Cree, Inc. (Nasdaq: CREE), a market leader in LED
lighting, announces general availability in late May of its new 6-inch LED downlight
specifically designed for residential and light commercial use. Designed for
both new construction and retrofits,
the Cree CR6™ is expected to retail for under $60.
The CR6 is now ENERGY STAR® qualified and, at up
to 64 lumens per Watt, boasts the highest luminaire efficacy of any residential
ENERGY STAR-qualified downlight.
Featuring award-winning Cree TrueWhite™
Technology, the CR6 provides consumers with warm, beautiful light without
sacrificing energy efficiency. The CR6 is a direct replacement for a 65 Watt 6-inch
incandescent downlight and is dimmable to 5 percent with most standard
incandescent dimmers. Delivering 575 lumens and using just 10.5 Watts, the new
fixture is designed to last 50,000 hours and features a 5-year warranty.
“For the first time, there is cost parity between
energy-efficient LED downlights and toxic CFL downlights,” said Gary Trott, Cree
vice president, market development, LED Lighting. “Factor in the longer
lifespan, beautiful color quality and higher efficacy, and the Cree CR6 makes choosing
LED downlights a no-brainer.”
The Cree CR6 LED downlight will be shown at Cree’s booth #149
during the Lightfair 2010 show this week in Las Vegas.
About Cree
Cree is leading the LED lighting revolution and setting the
stage to obsolete the incandescent light bulb through the use of
energy-efficient, environmentally friendly LED lighting. Cree is a
market-leading innovator of lighting-class LEDs, LED lighting, and
semiconductor solutions for backlighting, wireless and power 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 radio-frequency/wireless devices. Cree solutions
are driving improvements in applications such as general illumination,
electronic signs and signals, variable-speed motors, and wireless communications.
For additional product and company information, please refer
to www.CreeLEDLighting.com. 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 the risk we may
encounter delays or other difficulties in ramping up production of our new
products; the risk we may be unable to manufacture products with sufficiently
low cost to offer them at competitive prices or with acceptable margins; the
potential lack of customer acceptance of the 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 28, 2009, and subsequent filings.
# # #
Cree is a registered trademark and TrueWhite, Cree TrueWhite
and CR6 are trademarks of Cree, Inc.
ENERGY STAR is a registered trademark of the U.S.
Environmental Protection Agency.
