Cree introduces OSQ LED luminaire for replacement of HID outdoor area lighting

Cree introduces OSQ LED luminaire for replacement of HID outdoor area lighting
Cree introduces OSQ LED luminaire for replacement of HID outdoor area lighting

London – Cree, Inc. (Nasdaq: CREE) introduces the new OSQ™ Area LED luminaire designed to offer a high-quality, energy-saving replacement for outdated high intensity discharge luminaires (HID) in outdoor applications. Delivering an unprecedented combination of industry-leading performance and low-profile design, the Cree® OSQ Area LED luminaire provides up to 70 percent energy savings*.

Cree introduces OSQ LED luminaire for replacement of HID outdoor area lightingCree introduces OSQ LED luminaire for replacement of HID outdoor area lighting

“Setting a new benchmark for performance, price and versatility without sacrificing aesthetics, the OSQ™ luminaire confirms Cree’s commitment to innovation that accelerates the adoption of LED lighting,” said Massimo Targetti, Managing Director of Cree Europe S.r.l. “The OSQ™ Area LED luminaire delivers an unmatched level of performance, underlining Cree’s mission to create value for our customers.”

With Cree’s superior innovations in thermal design, the Cree OSQ Area LED luminaire features a remarkably thin, 97mm-housing and versatile mounting systems, ideal for area and floodlight applications such as campuses, office and retail complexes, medical centers and municipalities. Backed by Cree’s industry-leading 10-year limited warranty, the OSQ Area LED luminaire delivers the industry’s best optical performance with efficiency of up to 100 lumens-per-watt, and is available in a variety of light distributions and colour temperatures.

Cree OSQ Series is available through Cree distribution channels. For more information, please visit www.cree-europe.com.

*Energy savings compared to 400W Metal Halide area luminaire.

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, 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.

Please refer to www.cree.com/lighting for additional product and company information.

Please refer to www.cree.com/lighting for additional product and company information.
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; customer acceptance of LED; the risk that actual savings and lifetimes will vary from expectations; the rapid development of new technology and competing products that may 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 29, 2014, and subsequent filings.

Cree® is a registered trademark, and OSQ™ is a trademark of Cree, Inc.

Contact:

Cree Europe
+39-055-343081

E-mail:

Info.Europe@cree.com

Web site:

www.cree-europe.com

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