Nicknamed "The King" of NASCAR®, Richard Petty has endorsed
Cree® LED lighting after enthusiastically transforming his
100,000 square-foot garage with state-of-the-art LED fixtures by Cree,
Inc. (Nasdaq: CREE). More than 700 Cree LED luminaires now illuminate
the Petty's Garage complex, which specializes in the restoration of
high-performance vehicles, stock cars, drag racers and Petty signature
Partnering with Greenleaf Energy Solutions, Petty's Garage installed
Cree's industry-leading LED lighting, featuring Cree TrueWhite®
Technology. According to Greenleaf Energy Solutions, when compared with
the previous fluorescents, the installation reduces lighting energy
usage more than 50 percent and decreases the number of light fixtures
needed by 10 percent.
"We know that Cree produces the best LED technology in the world," said
Stephen Moffitt, energy consultant, Greenleaf Energy Solutions. "Cree
was the clear choice for Petty's Garage."
"Cree LED lighting delivers the quality of light we need for the work in
our garage, allowing us to focus on our business of redoing cars," said
Petty. "We turned these lights on, and they made our cars and shop look
brand new. There's really only one word to describe Cree's lights - wow."
Cree CR24™ LED troffers were installed in the main production
facility with LR24™ LED troffers and CS18™ LED
linear luminaires featured throughout the complex. The next stage of the
installation will bring Cree Edge™ security and floodlights
and LEDway® streetlights to the property.
"High-quality, long-lasting LED lighting dramatically enhances the auto
restoratio experience at Petty's Garage," said Tami Timperio, vice
president of communications, lighting at Cree. "Our LED troffers feature
industry-leading Cree TrueWhite Technology with 90 CRI that really makes
cars pop. Designed to deliver lifetimes of more than 50,000 hours,
Cree's LED troffers can virtually eliminate the time and expense
associated with replacing fixtures for auto dealers and shop owners."
Cree will be showcasing its LED lighting products at the National Auto
Dealers Association Convention and Expo 2013 in Orlando, February 8-11.
"The King" will be signing autographs and taking photos with attendees
at the Cree booth #3276 on Sunday, Feb. 10 from 2:30-4:30 p.m.
Please visit www.cree.com/lighting/auto
for more information on Cree LED lighting products for auto applications.
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.Cree.com/Lighting.
To learn more about the LED Lighting Revolution, please visit www.creeledrevolution.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 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
24, 2012, and subsequent filings.
Cree®, Cree TrueWhite®, LEDway® and
TrueWhite® are registered trademarks, and Cree Edge™,
CR24™, LR24™ and CS18™ are trademarks
of Cree, Inc.
NASCAR® is a registered trademark of National Association for
Stock Car Auto Racing, Inc.
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