Cree Extends Groundbreaking IG Parking Luminaire Series
November 15 2016 - 9:00AM
Business Wire
Cree, Inc. (Nasdaq: CREE) extends its industry-leading IG Series
LED parking structure luminaires to include a warmer color
temperature and standard 0-10V dimming for better light experiences
with enhanced aesthetics and performance. The result is more
choices that meet customer preference for warm, inviting light.
Featuring Cree WaveMax™ Technology, the IG Series
delivers low-glare comfort and defeats shadows for enhanced safety
and visibility while delivering exceptional energy efficiency and
fast payback.
“Parking structure operators are under constant pressure to
lower operating costs while providing safe and visually appealing
lighting,” said David Elien, Cree senior vice president and GM,
commercial lighting. “With these new standard features, the
high-performance IG™ LED parking structure luminaires not only
outperform existing LED and metal halide solutions, but also offer
a lower total cost of ownership while making a great first
impression.”
The series offers enhanced performance and flexibility to
meet code requirements with new, standard 0-10V dimming for Cree IG
parking structure luminaires that do not include a factory
installed sensor, enabling easy integration with advanced control
systems to maximize energy savings. The increased functionality
allows parking structure owners to seamlessly integrate wireless or
wired control systems for daylight harvesting, remote monitoring
and occupancy sensor capabilities further reducing energy usage for
an even lower total cost of ownership.
Available in 3000K, 4000K and 5700K color temperatures, the
highly efficient parking garage luminaires can deliver more than 80
percent energy savings and quick payback of less than two years
compared to outdated metal halide lighting. Programmable motion
controls further increase these savings and enable a simple way to
customize settings for high or low occupancy applications.
The IG Series is backed by Cree’s industry-leading 10-year
warranty and available through Cree lighting sales channels
throughout the U.S. and Canada. Please
visit http://lighting.cree.com/ig-series for more
information.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20161115005329/en/
Cree, Inc.Claire Simmons, Corporate
Communicationsmedia@cree.com
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