Cree Expands into New Industrial High Bay Applications with HXB Series

DURHAM, N.C. — Cree, Inc. (Nasdaq: CREE) introduces the new Cree® HXB Series LED High Bay Luminaire, the first of its kind to operate in extreme ambient temperatures spanning -40F to +149F and delivering 70,000 lumens at up to 140 lumens per watt (LPW). The industry-leading luminaire can be mounted at heights of 30 feet and higher, and comes with optical options including flood and aisle distributions. The HXB High Bay Series brings Cree technology to new applications such as cold-storage spaces with sub-zero temperatures and high-heat climates like warehouses and airplane hangars.

“Cree continues to provide better light experiences by delivering on the true potential of LED technology,” said David Elien, Cree senior vice president, lighting. “The HXB Series redefines the high-bay category with extraordinary rated lifetimes and industry-leading lumens per watt even in extreme operating temperatures that are found in distribution centers, gymnasiums and field house applications.”LTG-HXB-High Bay-061016-017

The HXB Series withstands freezing cold and severe heat, all at less than half the weight and double the warranty of competing LED high-bay fixtures. It is precisely engineered for performance today and for 100,000 hours of use, with a virtually maintenance-free design, zero restrike time and lightweight construction. A unique aluminum bonded zipper fin heat sink provides unmatched thermal management for long lifetime and exceptional efficacy in extreme operating temperatures. With less material than cast aluminum heat sinks, the HXB Series is half the weight of com­peting luminaires, for easier installation.

The series is available with 35,000 and 70,000 lumen output options of exceptional illumination performance, offering one-for-one replacement of 500W and 1000W HID luminaires at color temps of 3500K, 4000K or 5000K at up to and beyond 80 CRI. It is designed for simple installation with a universal  mounting system, all wrapped in an attractive and unique two-piece impact-resistant polycarbonate glare shield available in translucent or opaque with an optional uplight feature.

The new Cree HXB Series LED High Bay Luminaire is available to order now and sold through Cree lighting sales channels throughout Canada and the United States. Please visit http://creecanada.com/products/interior/high-bay-low-bay/hxb-series/ to learn more.

For additional product and Company information, please refer to http://creecanada.com/.

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 28, 2015, and subsequent filings.

Cree® is a registered trademark of Cree, Inc.