LED lighting leader Cree, Inc. (Nasdaq: CREE) introduces a new four-inch
CR4™ LED downlight and a higher lumen output six-inch downlight.
Relentless innovation has enabled Cree to attack cost barriers to LED
adoption, while exceeding the industry’s highest standards for
performance, color quality and ease of use. The new six-inch CR6™
downlight uses 87 percent less energy than comparable incandescent
lighting and delivers payback in less than one year in many commercial
installations.*
Both new products are powered by Cree TrueWhite® Technology
to deliver exceptional 90+ CRI. Cree TrueWhite Technology delivers
beautiful light and maintains color consistency over the rated lifetime
of the product, all while maintaining high luminous efficacy – a true no
compromise solution. The new downlights easily install into most
standard four-inch and six-inch recessed housings – making the Cree®
CR Series LED downlights ideal for use in both residential and light
commercial, new construction or retrofit, applications.
“You’ll never need to install an outdated incandescent or fluorescent
downlight again,” said Rick Helsel, senior account manager, Rexel USA.
“We continue to see high-demand for Cree’s original CR6-575 lumen LED
downlight, but with the introduction of the CR4 LED downlight and the
new high lumen output CR6 downlight, Cree now addresses even more
applications, provides a remarkable price-point and meets the needs of
our residential and commercial spaces.”
The CR4 LED downlight delivers 575 lumens and more than 60 lumens per
watt and is a direct replacement for a 50 Watt 4-inch incandescent
downlight. The new CR6 LED downlight delivers up to 800 lumens and up to
67 lumens per watt and is a direct replacement for a 90 Watt 6-inch
incandescent downlight. The CR Series is dimmable to five percent, is
designed to last 50,000 hours and features a five-year warranty.
“We’ve expanded the Cree CR Series Downlights to serve a broader set of
lighting applications,” said Gary Trott, vice president product
management, Cree lighting. “Cree brings all the benefits of LED lighting
to homeowners and businesses alike. From exceptional light quality, to
low initial investment, easy installation and significant savings in
operating expenses, Cree makes moving to LED lighting a no-brainer.”
The new CR Series is qualified for both residential and commercial
ENERGY STAR® standards. This higher standard of performance
opens up opportunities for more incentives and rebates available from
utilities and other entities – further lowering price and barriers to
mass LED adoption.
Cree CR Series LED downlights are sold through Cree lighting sales
channels. For additional information, please visit www.cree.com/cr4
and www.cree.com/cr6.
* The CR6-800L can replace up to 90 Watts incandescent lights and uses
only 12 Watts of input power. With typical commercial usage of 12 hours
per day and the national average $0.11 per kWh electric costs,
lighting-related HVAC impact and relamp maintenance reductions, many
upgrade installations will pay for themselves in less than one year.
About Cree
Cree is leading the LED lighting revolution and making energy-wasting
traditional lighting technologies obsolete through the use of
energy-efficient, mercury-free LED lighting. Cree is a market-leading
innovator of lighting-class LEDs, LED lighting, and semiconductor
products for power and radio-frequency (RF) 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 RF devices. Cree products are driving
improvements in applications such as general illumination, electronic
signs and signals, power supplies and solar inverters.
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 risk that 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; the risk that actual savings will vary from
expectations, customer acceptance of LED 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 26, 2011, and subsequent
filings.
Cree®, Cree TrueWhite® and TrueWhite®
are registered trademarks and CR4™ and CR6™ are trademarks of Cree, Inc.
ENERGY STAR® is a registered trademark of the U.S.
Environmental Protection Agency.
