Cree introduces two new LED chips

June 14, 2005
Date Announced: 14 Jun 2005 Cree, Inc. has released two new LED chips: the MegaBright 290 Gen 2 and the RazerThin 230. The MegaBright 290 Gen 2, a high brightness chip, is 30 percent brighter and uses 8 percent less power than the chip it replaces. This new chip is targeted for digital camera, camera phone flash, and LCD backlighting applications, where brightness and power efficiency are critical considerations.The new RazerThin 230, a low power chip, uses approximately 8 percent less energy than the previous generation device and is targeted for keypad backlighting applications, where the most important design considerations are extended battery life and low cost.“Cree is continually advancing its LED chip technology based on the needs of our customers. Higher brightness and lower power consumption are the driving requirements of the LED chip industry and the MegaBright 290 Gen 2 chip demonstrates a convergence of both features,” states Scott Schwab, Cree vice president and general manager of optoelectronics. “Additionally, LEDs that use less power can dramatically increase battery life, or in the case of mobile phones, enable new features, both of which make the RazerThin 230 chip especially attractive.”Production volumes of the MegaBright 290 Gen 2 and RazerThin 230 chips are currently shipping.

Raiford Garrabrant Director, Investor Relations Cree, Inc. Tel. +1 919-313-5397

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