DURHAM, N.C.--(BUSINESS WIRE)--
Cree, Inc. (Nasdaq: CREE) extends its industry-leading OSQ Series of area and flood LED luminaires, delivering better performance, expanding applications and offering dramatic savings with the new Cree® OSQ High Output (HO) portfolio. The new luminaire more than doubles the top lumen output of the original OSQ Series with up to 65,000 lumens and can replace multiple metal halide (MH) 1000W fixtures. The result is more than 80 percent energy savings using one OSQ-HO luminaire. The new product extends the application range for open area and flood luminaires to projects with high mounting heights, including high mast and large parking lots, and has special packages for outdoor automotive frontlines.
“Cree is continuously improving LED lighting solutions by delivering more value to more applications that surpass customer expectations,” said David Elien, Cree senior vice president, lighting. “Compared to other LED area lighting options, the OSQ™ luminaire is smaller and lighter, making it easier to install while delivering increased energy savings at exceptional performance levels.”
Utilizing Cree’s cutting-edge technology, the OSQ Series blends extreme optical control, advanced thermal management and modern clean aesthetics to dramatically reduce maintenance and energy costs for a rapid return on investment. In automotive frontline (AF) applications, the OSQ-HO luminaire supports true-to-life colors with a Color Rendering Index (CRI) of 90 and optical distributions that are optimized to highlight vehicles on display. The new products offer excellent performance across all optics and lumen configurations.
The new luminaire delivers efficacy of up to 125 lumens-per-watt (LPW) for maximum utility rebates and a dramatically lower total cost of ownership. The fixtures are also backed by Cree’s industry-leading 10-year warranty.
The Cree OSQ-HO Series will be available to ship this summer and is sold through Cree lighting sales channels throughout the U.S. Please visit http://lighting.cree.com/osq-seriesho-area to learn more.
About Cree
Cree is a leading innovator of lighting-class LEDs, lighting products and wide bandgap semiconductor products for power and radio frequency (RF) applications. Cree’s product families include LED lighting systems and bulbs, blue and green LED chips, high-brightness LEDs, lighting-class power LEDs, SiC materials, power devices and RF devices. Cree’s products are driving improvements in applications such as commercial and consumer general illumination, video screens, electronic signs and signals, motor drives, power supplies, EV charging, solar, traction, transportation, radar, communications, telecom, data link and broadband amplifiers.
Please refer to www.cree.com for additional product and Company information.
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.
Cree® is a registered trademark and OSQ™ is a trademark of Cree, Inc.
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