DURHAM, N.C., June 18, 2007 (PRIME NEWSWIRE) -- Cree, Inc. (Nasdaq:CREE), a leader in LED solid-state lighting components, today announced that its XLamp(r) LEDs will light up campsites around the world in Coleman(r) lanterns, flashlights and other outdoor lighting products. The Coleman Company, Inc., one of the best-known manufacturers of lighting products and outside gear, is designing Cree's new XLamp XR-E and XR-C power LEDs into all of its LED-lighting products.
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"Coleman has decided to convert all LED-based products to the Cree XLamp LED due to Cree's advanced technology, common package size within the entire XLamp LED family and excellent support," said Traci Willing, Coleman product manager for battery lighting. "As we roll out Cree LED-based lanterns, headlamps, flashlights, spotlights and specialty Exponent(r) products, we believe our customers will be thrilled with the brightness, runtime and overall performance of these new models."
"We're delighted that Coleman has selected Cree XLamp LEDs for its new LED lighting product lines," said Norbert Hiller, Cree vice president and general manager for lighting LEDs. "Campers and outdoor enthusiasts worldwide can now join the LED lighting revolution."
For additional information on Cree XLamp power LEDs, please call (919) 313-5300 or visit www.cree.com/xlamp.
For additional information about Coleman camping lanterns and flashlights, visit www.coleman.com.
About The Coleman Company, Inc.
The Coleman Company, Inc. is an international leader in the innovation and marketing of outdoor products, including its legendary lanterns, as well as stoves, tents, sleeping bags, backpacks, coolers, furniture and grills. Coleman embraces its leadership role as an advocate for the outdoors, contributing to outdoor causes and inspiring people to get outside. Founded in 1900 and based in Wichita, Kan., Coleman is a wholly owned subsidiary of Jarden Corporation, and can be found online at www.coleman.com. Consumers can contact Coleman by phone at 800-835-3278 or by e-mail at consumerservice@coleman.com.
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 drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current, switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixture makers to defense-related federal agencies.
Cree's product families include blue and green LED chips, lighting LEDs, LED backlighting solutions, power-switching devices and radio-frequency/wireless devices. For additional product specifications please refer to www.cree.com.
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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, such as the risk we may encounter delays or other difficulties in ramping up production of our new products; the risk we may be unable to manufacture products with sufficiently low cost to offer them at competitive prices or with acceptable margins; the rapid development of new technology and competing products that may impair demand or render our products obsolete; variations in demand for Cree's products and its customers' products; 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 25, 2006, and subsequent filings.
Cree and XLamp are registered trademarks of Cree, Inc.
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