Universities Switch to LED Lighting

DURHAM, NC, APRIL 22, 2008 – Cree, Inc. (Nasdaq: CREE), a leader in LED (light-emitting diode) lighting, announces the launch of the LED University™ program, an international community of universities working to accelerate the adoption of energy-efficient LEDs. In addition to evaluating, promoting and deploying LED lighting, the community of universities plans to work toward increasing energy savings, protecting the environment, reducing maintenance costs and providing a better light quality for improved visibility and safety.

Inaugural participant North Carolina State University along with Marquette University, University of California at Santa Barbara, University of Arkansas and Tianjin Polytechnic University in China have committed to evaluating and deploying LED lighting in areas such as offices, dormitories, parking garages, walkway lighting and streets across their campus infrastructures.

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