Cree Announces SmartCast PoE with Cisco to enable IoT

DURHAM, N.C. -- Cree, Inc. (Nasdaq: CREE) introduces SmartCast® Power over Ethernet (PoE), an intuitively simple, scalable and open platform that enables the Internet of Things (IoT) for buildings through better light. SmartCast PoE is the first LED lighting platform that makes the Cisco® Digital Ceiling framework ready for mass deployment and adoption. Cree’s SmartCast PoE embeds intelligence to make buildings more efficient and people more productive, while delivering far better light for less energy than ordinary LED lighting systems.

The solution was announced today at Cisco Live!® Berlin and is part of the Cisco Digital Ceiling framework, which connects disparate systems into a single IP network to create smart, more secure, seamlessly connected building systems. Cree is part of the Digital Ceiling partner community, a network of partners working to enhance the traditional workforce through the connection of intelligent things to create new user experiences, lower total costs and enable business analytics.

Cree applied its proven intelligent SmartCast Technology to a PoE infrastructure in order to solve the inherent commissioning complexities of deploying network-powered smart lighting within buildings. Cree’s SmartCast PoE works out of the box, just like the original SmartCast Technology, and enables an entire building to be commissioned at one time with a single stroke. Cree’s series of SmartCast® lights, light switches and dimmers operates with Cisco’s standards-based PoE-powered network architecture. This platform provides power and networking for the lights with a standard Ethernet cable, eliminating the need for separate data and high-voltage power connections.

Cree® SmartCast Technology with PoE can deliver energy savings up to 70 percent greater than LED lighting alone, while making possible new services and experiences. Mobile, Ala. County Public Schools recently deployed the technology in their administrative offices, with plans to implement in classrooms this spring.

Initial installs are underway, and Cree SmartCast Technology with PoE will be commercially available in the second quarter of 2016. Visit www.cree.com/smartcast for more information.

About Cree, Inc:
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, lighting products and 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, 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.

For additional product and Company information, please refer to www.cree.com.

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