New QLS6A and QLS6B LEDs Maximize Visual Impact for Gaming Machines

Cree, Inc. (Nasdaq: CREE) announces the new QLS6A and QLS6B LEDs, the industry’s brightest side-view LEDs optimized for gaming applications, delivering up to 66 percent higher luminous intensity than other side-view LEDs. The new side-view packaged LEDs enable clearer image displays for a better gaming experience and higher visual impact in pachinko, slot and other video gaming machines.

“Cree’s new QLS6A and QLS6B LEDs allow us to deliver a superior gaming experience to our customers and also to simplify our design and manufacturing processes,” said Motoaki Masaki, Optoelectronic Communication Technology Development Division Head, Energy Business Office, NAGASE & Co., Ltd. “The LEDs deliver high brightness and excellent far-field pattern and color mixing in an innovative compact package that does not block the background image. Additionally, the pin configuration and size of the LEDs simplify design, providing greater control and simplifying the manufacturing process.”

The QLS6A and QLS6B deliver a typical luminous intensity of 2060 and 2493 millicandela (mcd), respectively. Built on a patented innovative package, with a shallow cavity that maximizes light output and enables better color mixing, the RGB (red-green-blue) QLS6A and QLS6B LEDs feature anode and cathode pins for each color to simplify design and provide greater control.

“Cree continues to invest in innovations that matter to our customers,” said Dave Emerson, vice president and general manager for Cree LEDs. “Everything about the new QLS6A and QLS6B LEDs, from the innovative package to the performance to the binning of the LEDs, enables our customers to more easily deliver a better product to their customers.”

Both QLS6A and QLS6B LE are binned full white to simplify design. The QLS6A LED shares the same design as the QLS6B with the addition of a Zener diode for improved ESD protection. Product samples are available now and production quantities are available with standard lead times. Please visit http://www.cree.com/hb/sideview to learn more. The QLS6A and QLS6B LEDs expand Cree’s wide range of high brightness LEDs that are optimized for indoor and outdoor video screens, displays and signage applications. For more information on Cree’s high brightness LEDs, please visit http://www.cree.com/hb.

About Cree

Cree is a market-leading innovator of lighting-class LEDs, lighting products and semiconductor products for power and radio frequency (RF) applications. Cree believes in better light experiences and is delivering new innovative LED technology that transforms the way people experience light through high-quality interior and exterior LED lighting solutions.

Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, power-switching devices and RF devices. Cree’s products are driving improvements in applications such as general illumination, electronic signs and signals, power supplies and inverters.

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 actual savings and lifetimes will vary from expectations; the risk 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 our new products; the rapid development of new technology and competing products that may impair demand or 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 26, 2016, and subsequent filings.

Please refer to www.cree.com for additional product and Company information.

Cree® is a registered trademark of Cree, Inc.

Cree, Inc.Claire Simmons, Corporate Communicationsmedia@cree.com

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