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Cree Announces Essentia LED Flat Panel Troffer and Track Light Product Lines

Published on: 3/21/2016

DURHAM, N.C. -- Cree (Nasdaq: CREE) announces Essentia® LED Flat Panel Troffer and Track Light categories, the first products available in the new Essentia® by Cree lighting portfolio. Offering exceptional flexibility in application and design, both product lines transform commercial spaces where broad spectrum lighting and soft visual balance are most important.

The 2.8” thick flat panel troffer is optically efficient with an edge-lit design that makes it perfect for even the most restrictive plenums.  The track light portfolio includes one and two-circuit track heads with dimming capability and is backwards compatible with other track systems.

“The Essentia® LED Flat Panel Troffer and Track Light portfolios elevate the industry standard for functional LED lighting backed by a leader you trust with attractive efficacy and warranty,” said Norbert Hiller, executive vice president of lighting at Cree. “These new lines of commercial lighting products offer a broad range of high-quality lighting solutions at a great value that makes lighting decisions easy.”

The Essentia LED Flat Panel Troffer delivers exceptional performance with up to 100 lumens per watt (LPW) at 90 CRI in color temperatures of 3500K, 4000K and 5000K. The troffer’s quiet light delivers great lighting quality and eliminates the cost of short-lived flickering lighting, while delivering an ROI in less than 3 years compared to fluorescent T8 luminaires. The result is soft, balanced light with minimal glare and visually comfortable spaces that reduce visual fatigue. The Essentia LED Flat Panel Troffer is available to ship today.

The Essentia® LED Track Light portfolio will be available in solid fit and finish and includes integrated track heads with precision reflectors for a beautiful beam spread.  The track lighting casts smooth light without fringing, hotspots or discoloration to transform any showroom, restaurant or retail environment.  The product delivers performance up to 80 lumens per watt (LPW) at 80 CRI in color temperatures of 2700K, 3000K, 3500K and 4000K. The product line will be available to ship this April. 

The Essentia® by Cree lighting portfolio is engineered to provide outstanding performance for new construction and renovation applications and comes with a 5-year limited warranty. Additional new product categories in the portfolio are targeted to include downlights, exit and emergency lighting and outdoor flood lighting.  

Please visit https://creelighting.com/essentia-by-cree and https://creelighting.com/essentia-by-cree-flat-panel to learn more.

About Cree, Inc.:

Cree is a market-leading innovator of lighting-class LEDs, lighting products and semiconductor products for power and radio frequency (RF) applications. Cree believes in better light experiences and is delivering new innovative LED technology that transforms the way people experience light through high-quality, interior and exterior LED lighting solutions.

Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree’s products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and inverters.

For additional product and Company information, please refer to www.cree.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 and lifetimes will vary from expectations; the risk 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 our new 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, 2015, and subsequent filings.

Cree® and Essentia® are registered trademarks of Cree, Inc.

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