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Cree LED Lamps Selected for
Initial 650 Store Deployment at Walmart

Walmart plans to install Cree LRP-38 LED light bulbs in 650 stores during the first year

Cree, Inc. Press Release - 11/10/2009

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Cree LRP-38 LED Bulb

Cree LRP-38 LED Bulb

DURHAM, N.C. - Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, has been selected to provide energy-efficient LED lighting to Walmart for new stores and renovations. Walmart plans to install Cree LRP-38 LED light bulbs in 650 stores during the first year, replacing ceramic metal halide in the produce and electronics departments. Cree`s industry-leading LR6 recessed LED downlights are also being used in new construction applications.

The Cree LRP-38, a PAR38 style LED lamp, was selected for its energy-efficiency, long lifetime, controlled beam and high color-rendition. Designed to last 50,000 hours, the LRP-38 consumes 82 percent less energy than the 70-Watt ceramic metal halide bulbs it replaces and can last more than five years in a 24/7 operating environment. The unique design of the LRP-38 also reduces glare for customers, focusing attention on the merchandise and not the lighting.

"Cree TrueWhite Technology delivers high quality light-making food and merchandise attractive, which we believe enhances the customer`s experience," said Neal Hunter, Cree LED Lighting president. "We`re able to do all this while reducing energy consumption and eliminating toxic mercury. The selection of Cree`s lamp followed a thorough analysis of performance, in-store evaluations and return on investment."

About Cree

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, and semiconductor solutions for backlighting, wireless and power 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 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.

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Cree is a registered trademark and TrueWhite Technology is a trademark of Cree, Inc.

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