Cree appoints distributor in Spain and Portugal

Date Announced: 15 Mar 2006 Cree, Inc., a market leader in LED solid-state lighting components, today announced that it has signed an agreement with Innovative LED Technologies, S.L. to distribute Cree XLamp® power LEDs in Spain and Portugal. Innovative LED Technologies is a distributor focusing on high-power LED implementations."Innovative LED Technologies has an international team with an impressive collective experience in LED technology. They represent a significant addition to our European distribution network," said Mark McClear, Cree director of marketing for lighting LEDs. "Their team's expertise with high-power LEDs and relationships with some of the most significant lighting and design companies in their region will help us to increase XLamp power LEDs penetration in important lighting applications and installations throughout those countries.""We're seeing increased market demand for the advanced brightness levels, small form factors, and lower dollars per lumen that Cree's high-power XLamp LEDs provide," said Dave Simpson, product manager at Innovative LED Technologies. "We look forward to assisting our customers in evaluating and designing products that leverage Cree's industry-leading LED technology."About Innovative LED Technologies, S.L.Innovative LED Technologies is a newly created company, based in Gava, Barcelona, Spain, dedicated to the distribution of XLamp LEDs throughout Spain and Portugal. Its technical team has solid experience in LED technology, particularly in high-power applications.About Cree, Inc.Cree is a market-leading innovator and manufacturer of semiconductors and devices that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. 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 product families include blue and green LED chips, lighting LEDs in all colors, LED backlighting solutions, power switching devices and radio frequency/wireless devices.

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