Cree XLamp® XR-E LEDs Chosen for LLF's Revolutionary New Down Light Fixture


DURHAM, NC, FEBRUARY 7, 2007 - Cree, Inc. (Nasdaq: CREE), a leader in LED lighting components, today announced that its award-winning XLamp XR-E LED has been chosen by LED Lighting Fixtures, Inc. (LLF) for its first product, a six-inch down light that produces 650 lumens at 10-12 watts. At approximately 60 lumens per watt for the entire fixture, the new LLF lights are the industry's most efficient general lighting fixtures for home and office.

"The new LLF fixtures can change the way the lighting industry thinks about LEDs," said Chuck Swoboda, Cree chairman and CEO. "This product takes maximum advantage of our new lighting-class LEDs. This is the first LED down light to deliver on the promise and capability of LEDs with better efficiency and lifetimes than the typical incandescent or compact fluorescent products being used today."
LLF tested a number of LEDs in developing its breakthrough design but chose the XR-E from Cree. "Cree's performance is unmatched with the new XR-E design and recent advances in its power-package technology," stated Gerry Negley, LLF's chief technology officer.

Cree's XR-E LEDs are the best-performing power LEDs commercially available in the industry. The XR-E LED produces typical luminous flux of approximately 80 lumens at the component level at 350 mA and up to 210 lumens at 1 A. The XR-E LED is currently in stock and available from Cree and its distribution partners.
For more information on Cree XLamp power LEDs, please call (919) 313-5300 or visit www.cree.com. For more information on LLF and its LED down lights, please call (919) 991-0700 or visit www.llfinc.com.

About LED Lighting Fixtures, Inc.

LED Lighting Fixtures, Inc. (LLF) is a privately held company headquartered near Research Triangle Park, North Carolina. Its mission is to accelerate the adoption and evolution of light-emitting diodes (LEDs) into high-volume general lighting applications so that consumers can realize lower energy and maintenance costs. LED lighting is significant as it is expected to provide decades of lifetime under normal operation, and it uses a fraction of the power required for traditional lighting solutions. For more information about LED Lighting Fixtures, please visit www.llfinc.com.

About Cree, Inc.

Cree is a market-leading innovator and manufacturer of semiconductors and devices that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide (SiC) and gallium nitride (GaN) for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products.

Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current, switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixture makers to defense-related federal agencies.

Cree's product families include blue and green LED chips, lighting LEDs, LED backlighting solutions, power-switching devices and radio-frequency/wireless devices. For additional product specifications please refer to www.cree.com.

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