October 19, 2004... DURHAM, North Carolina USA -- Cree, Inc. (Nasdaq: CREE), a market leader of light emitting diode (LED) technology, today announced that its 4550 series XLamp(TM) products are now available The XLamp product family is an innovative, high power, solid state LED technology that is designed to provide an alternative solution to the incandescent bulb and other conventional light sources in architectural and accent lighting and other general illumination applications.
The 4550 series XLamp product uses a medium high-power surface mount package which is designed to operate at 1/2 Watt with a typical operating current of 125mA and a footprint of 4.5 mm x 5.0 mm. The 4550 series is available in blue and green Based based on Crees XB500(TM) chips as a light engine. The 4550 product is also available in a red version.
The 4550 is addressing the market demand for our XLamp products where high brightness and smaller form factor power LEDs are required, stated Norbert Hiller, Cree Vice President, Lighting. We are pleased with our customers interest level in this product and are continuing to innovate to Meet their needs.
Crees new 4550 LED, which fits in former 5 mm design spots, enables us to offer higher output products without changing their well-established case design, said Fritz Morgan, Vice President of Engineering, Color Kinetics. Weve recently announced advanced versions of two popular Products based on the 4550.
About Cree, Inc.
The product includes blue, green and near ultraviolet (UV) light emitting diodes (LEDs), Near UV lasers, radio frequency (RF) and microwave devices, and power switching devices. Cree understands the important convergence of science, technology and creativity, placing high value on ideas, as well as the energy and ability of its people. The additional products specifications, please refer to the data sheets on Crees website at http:// under LED Products.
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, such as the risk we may encounter delays Or other difficulties in ramping up production of the new products; the risk we will be unable to manufacture the products with the low cost to offer them at competitive prices or with acceptable margins; the rapid development of new technology and competing products that may impair demand Or render our products obsolete; the potential lack of customer acceptance for the products; and other factors discussed in Crees filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 27, 2004.
Cree and the Cree logo are registered trademarks, and XLamp and XB500 are trademarks of Cree, Inc.
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