Cree, Inc. : Cree and Lutron Introduce World's Most Efficient Lighting Control and Delivery System
05/07/2012| 09:10am US/Eastern

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Industry Leaders Integrate LED Products and Controls for Maximum
Energy Efficiency
The growing demand for energy-efficient LED lighting solutions combined
with increasingly stringent energy and building codes require an
advanced level of lighting and control integration. Cree, Inc. (Nasdaq:
CREE) announces a first-of-its-kind agreement with Lutron Electronics
Co., Inc. to embed Lutron EcoSystem® technology on a chip in
Cree® luminaires to accelerate LED adoption and increase
energy efficiency for building designers, contractors and owners.
The combination of industry-leading LED technology from Cree with proven
energy control strategies from Lutron yields the world's most
energy-efficient commercial troffer lighting control and delivery
system. The solution introduces digital intelligence to the control of
Cree LED luminaires and delivers integrated, pre-tested system
compatibility that is backed by the Lutron Services Company to ensure
performance of the system as a whole.
"With this alliance, we set out to fix a problem. It breaks new ground
for LED fixtures and control systems--turning compatibility into a
feature, not a challenge," said Gary Trott, vice president of market
development, Cree lighting. "An integrated system can increase
performance across the board - efficiency, lifetime and payback - it
just works."
By using Lutron energy management solutions, Cree LED lighting can
significantly reduce building owners operating costs and continue to
deliver the fastest payback in the industry. Cree LED fixtures are an
ideal match for embedded Lutron EcoSystem technology because digital
control and dimming of LED fixtures can significantly extend LED
lifetime, and also allow flexibility to reconfigure and improve occupant
experience in any space.
"Working with Cree, we're able to expand our system networks by
combining their innovation and leadership in the LED arena with our
50-year history as a leader in light control and total building
solutions," said Eric Lind, vice president of global specifications at
Lutron. "This capability of enabling Lutron EcoSystem technology by
embedding a chip into the driver of an LED luminaire eliminates concerns
about system compatibility, brings digital intelligence to the control
of LEDs, and showcases Lutron's open networks. Lutron EcoSystem controls
have the ability to directly connect to Lutron's complete line of wired
and wireless systems as well as other building protocols, such as
BACnet, to allow seamless control and energy saving capability for our
customers."
"Cree's ability to work seamlessly with our installed Lutron EcoSystem
controls was instrumental in our choice of LED lighting," said Dr.
Mitchel Rosen, chief technology officer, School of Engineering and
Applied Science, University of Virginia.
According to Cree analysis, Cree CR Troffers equipped with Lutron
EcoSystem technology can increase luminaire lifetime up to 50 percent
and substantially increase lumen maintenance factors. This calculation
is for typical buildings with Lutron lighting control systems, where the
average output level of troffers is around 70 percent when typical
lighting efficiency strategies such as daylight harvesting, personal
control and high-end trim are used.
The first products to feature embedded Lutron EcoSystem technology are
the Cree CR Series of LED troffers with other products to follow. Cree
LED fixtures embedded with Lutron EcoSystem technology are scheduled for
specification and shipment in summer 2012. For additional information,
please visit www.cree.com/controls.
About Cree
Cree is leading the LED lighting revolution and making energy-wasting
traditional lighting technologies obsolete through the use of
energy-efficient, mercury-free LED lighting. Cree is a market-leading
innovator of lighting-class LEDs, LED lighting, and semiconductor
products for power and radio-frequency (RF) applications.
Cree's product families include LED fixtures and bulbs, blue and green
LED chips, high-brightness LEDs, lighting-class power LEDs,
power-switching devices and RF devices. Cree products are driving
improvements in applications such as general illumination, electronic
signs and signals, power supplies and solar inverters.
For additional product and company information, please refer to www.CreeLEDLighting.com.
To learn more about the LED Lighting Revolution, please visit www.creeledrevolution.com.
About Lutron Electronics (www.lutron.com)
Lutron Electronics, headquartered in Coopersburg, Pennsylvania, designs
and manufactures energy-saving light controls, automated window
treatments and appliance modules for both residential and commercial
applications. Its innovative, intuitive products can be used to control
everything from a single light, to every light, shade and even stand-by
power in a home or commercial building. Lutron products make any space
more versatile, while enhancing ambiance, comfort and productivity. They
also save energy and make light bulbs last longer, making them an
eco-friendly addition to the home and workplace. Founded in 1961, Lutron
estimates that the installed base of its products saves the nation
nearly 10 billion kWh of electricity, or approximately $1 billion in
utility costs per year. Lutron manufactures more than 16,000
energy-saving products, sold in more than 100 countries around the world.
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 will vary from expectations, customer acceptance of LED
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, 2011, and subsequent filings.
Cree® is a registered trademark of Cree, Inc. EcoSystem®
is a trademark of Lutron Electronics Co., Inc.

Cree, Inc.
Gena Fiegel, 919-407-7651
Corporate Communications
media@cree.com
or
Lutron
Electronics Co., Inc.
Melissa Andresko, 610-282-6440
Senior
Public Relations Manager
mandresko@lutron.com
© Business Wire 2012
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