DURHAM, N.C., APRIL 28, 2009 — Cree, Inc. (Nasdaq: CREE) is taking another giant step in leading the LED lighting revolution by introducing the LRP-38 LED lamp. Now shipping in volume, this light provides a tightly-focused beam, exceptional color quality, extended life and unmatched energy-efficiency.
Designed for display and retail installations, the Cree LRP-38 is a narrow-beam spotlight for use in supermarket produce displays, department stores, and museums—especially where exceptional color quality is valued. The lamp is currently being evaluated in grocery, department and furniture stores, as well as in big-box retailers, where it replaced halogen and ceramic metal halide bulbs.
“The technology in Cree’s LRP-38 LED lamp is by far the most promising that I have seen yet. I am pleased to see that Cree has definitely raised the bar for serious LED lamp solutions," said Brandon Melton, Corporate Purchasing Manager at Chipotle Restaurants.
The Cree LRP-38 uses Cree TrueWhite™ technology to generate a CRI of 92 at a color temperature of 2700K. The tightly-focused beam delivers a center beam candlepower of 4000 with a beam angle of 20 degrees. This UL-listed light is designed to replace 50W – 90W halogen PAR38 bulbs, in various applications. The input power is only 12 watts, resulting in a total delivered minimum efficacy of 42 lumens per watt. The lamp is designed to last 50,000 hours in open-track fixtures or 35,000 in non-IC commercial recessed downlights.
Cree LRP-38 bulbThe lamp has a unique optical design that maximizes the amount of light within the beam while minimizing the source brightness–so the eye is focused on the merchandise, not the light source.
“With this product, we are extending the quality and performance of our award-winning LED lights into beam-controlled retrofit lamps,” said Neal Hunter, Cree LED Lighting president. “LEDs contain no harmful mercury and because they don’t emit large amounts of heat, UV or infrared light, they protect what they are illuminating—everything from priceless art to fresh tomatoes. Lighting customers should sacrifice nothing in the pursuit of beautiful, energy-efficient light, and with the LRP-38, they don’t have to.”
The Cree LRP-38 will be sold through Cree LED Lighting sales channels and is currently shipping in volume, with high preliminary demand.
Cree is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. Cree is a market-leading innovator of lighting-class LEDs, LED lighting solutions, and semiconductor solutions for backlighting, wireless and power applications.
Cree’s product families include recessed LED down lights, blue and green LED chips, high brightness LEDs, lighting-class power LEDs, power-switching devices and radio-frequency/wireless devices. Cree solutions are driving improvements in applications such as general illumination, electronic signs and signals, variable-speed motors, and wireless communications.
For additional product and company information, please refer to www.CreeLEDLighting.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 possibility that actual cost savings may 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 28, 2009, and subsequent filings.
TrueWhite is a trademark and Cree is a registered trademark of Cree, Inc.