Lighting Innovator Space Cannon Selects Cree XLamp® Power LEDs for All New LED Lighting Systems
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DURHAM, NC, - January 10, 2006 - Cree, Inc. (NASDAQ: CREE) announced today that
major lighting designer and manufacturer Space Cannon VH S.p.A. has signed an agreement to purchase approximately $5.4 million of XLamp® power LEDs, among the industry's brightest and most efficient high power light emitting diodes (LEDs). Space Cannon plans to use Cree power LEDs exclusively for all future solid state lighting installations, including high profile projects, such as the Turin Olympics.
Space Cannon, headquartered in Fubine, Italy, is best known for its dramatic architectural and portable lighting installations. Examples include the two towers of light used to commemorate the World Trade Center Towers in New York, dramatic night lighting for the world's largest steel bridge in Nanjing China, the 101 Building in Taiwan, Petronas Twin Towers in Malaysia and the Rio de Janeiro Carnival in Brazil.
"Cree has demonstrated superior products and technical support, which is why we are switching exclusively to XLamp power LEDs for all our solid state lighting projects," noted Bruno Baiardi, Space Cannon founder and president. "Cree's continuing effort to significantly improve brightness and efficacy in its XLamp product line makes it an ideal partner for Space Cannon in our joint effort to create dramatic, durable and energy efficient lighting installations throughout the world."
"Space Cannon is among the world's innovators in the design and installation of large-scale lighting applications," said Norbert Hiller, vice president and general manager of solid state lighting at Cree. "We are thrilled Space Cannon has switched to XLamp power LEDs to enable the innovative lighting displays and architectural illumination designs for which the company is recognized throughout the world."
Additional information about XLamp power LEDs can be obtained by calling Cree at 919-313-5300 or visiting www.cree.com.
About Space Cannon
Space Cannon made itself known worldwide starting in 1989 by manufacturing top-quality
Xenon-based lighting fixtures. By 2005, the Space Cannon name has become associated with nearly every high-profile event lighting installation in the world.
Space Cannon today focuses on lighting fixtures and innovative design and installation of LED, architectural, civil, special, large-scale and event lighting applications. Additional information on Space Cannon, its products and a gallery of its major installations can be obtained at www.spacecannon.it or +39 0131 77 22 88.
About Cree, Inc.
Cree is a market-leading innovator and manufacturer of solid state lighting semiconductors that are revolutionizing the lighting world with exceptionally bright and efficient white and color LEDs. 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's innovative products address multiple applications including exciting alternatives in brighter and more tunable light for general illumination and backlighting for more vivid displays.
Cree customers range from innovative lighting fixtures makers to major electronics components and subsystems manufacturers.
Cree's product families include blue and green LED chips, lighting LEDs and LED backlighting solutions. For product specifications, please refer to the documentation at www.cree.com.
Contact: Deb Lovig
Marketing Communications
Cree, Inc.
Deb_Lovig@cree.com
(919) 287-7505
