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 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cree.com%2F&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=Cree%2C+Inc.&amp;index=1&amp;md5=f1707025db6b5e450f88d81bf03e6091" rel="nofollow" rel="nofollow">Cree, 
 Inc.</a> CREE announced today that McLaren Health Care 
 (McLaren), a Michigan-based integrated healthcare network, has selected 
 Cree LED Lighting and Cree SmartCast® Technology to modernize exterior 
 and interior lighting across 11 hospitals. Cree's advanced LED solutions 
 go beyond light with intelligence that automatically adapts to the 
 environment to deliver greater energy savings and personalized 
 environments that promote comfort, safety and security for McLaren 
 patients, visitors and staff. 25,000 Cree® outdoor and indoor LED 
 fixtures, including over 12,000 Cree SmartCast® intelligent lighting 
 fixtures are installed throughout the facilities, enabling McLaren to 
 reduce their energy costs by 66 percent and realize an estimated savings 
 of over $1.6M annually in energy and operating expenses.
 
 
 The McLaren LED lighting project is Cree's most comprehensive healthcare 
 installation featuring both indoor and outdoor lighting in parking 
 garages, hallways, waiting rooms, lobbies and staff centers. Cree's 
 SmartCast intelligent lighting solutions and LED fixtures span across 5 
 million square feet of the expansive McLaren hospital network. The 
 innovative solutions simplify energy management, help to improve staff 
 productivity and morale, boost patient satisfaction and enhance brand 
 appeal.
 
 
 Gary Trott, vice president intelligent lighting for Cree stated, "The 
 McLaren Health Care installation demonstrates our commitment to 
 delivering a better lighting experience for patients, staff and visitors 
 through our intelligent LED technology. We are honored to work with 
 McLaren on our largest SmartCast® Technology installation and are 
 pleased that they will join the many other premier healthcare facilities 
 that leverage Cree's advanced LED technology."
 
 
 Healthcare facilities, many of which operate 24/7, consume enormous 
 amounts of energy in the form of heat, light and electricity. A June 
 2016 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fnews.yale.edu%2F2016%2F06%2F09%2Fenvironmental-and-health-impacts-us-healthcare-system&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=Yale+University+study&amp;index=2&amp;md5=1f6ad82d490d233c915d9a28c7923d9f" rel="nofollow" rel="nofollow">Yale 
 University study</a> cited that the healthcare sector contributes 8 
 percent of the nation's greenhouse gas emissions, emitting more than the 
 entire United Kingdom. Cree's intelligent LED technology will enable 
 McLaren to optimize energy savings and utilize their space effectively, 
 furthering McLaren's corporate-wide initiative to promote sustainable 
 business practices.
 
 
 "McLaren is committed to reducing our carbon footprint as much as 
 possible by decreasing our energy use," remarked Keith Miller, corporate 
 facilities manager, McLaren Health Care. "Cree's innovative lighting 
 allows us to reach our sustainability goals quickly and cost effectively 
 while improving patient, staff and visitor experiences."
 
 
 The Cree SmartCast Technology and LED lighting installation provides 
 McLaren with numerous benefits, including:
 
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 Lowered operational costs, a total of $1.6M per year
 </li>
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 Reduced environmental impact with a sustainable choice
 </li>
 <li xmlns="http://www.w3.org/1999/xhtml" class="bwlistitemmargb">
 Consistent lighting and "brand" experience across all of the facilities
 </li>
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 Scalable and flexible with a connected and intelligent operation
 </li>
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 Simplified fixture monitoring and maintenance, re-configuration, 
 upgrades and expansion
 </li>
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 Higher productivity for staff and a heightened sense of well-being for 
 patients and visitors
 </li>
 </ul>
 
 For more information on the McLaren Health Care installation please 
 visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fbetterlight.cree.com%2Fmclaren&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=betterlight.cree.com%2Fmclaren&amp;index=3&amp;md5=10a549a03389046b56496ea56c4309a4" rel="nofollow" rel="nofollow">betterlight.cree.com/mclaren</a>. 
 For more information about Cree's SmartCast Technology, please click <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww2.cree.com%2Fsmartcast-landing-page&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=here&amp;index=4&amp;md5=a6fe34d441bcafe27141887389af6f7f" rel="nofollow" rel="nofollow">here</a> 
 or download the Cree Healthcare Position <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.creelink.com%2FexLink.asp%3F32128826OH71W43I47308916&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=paper&amp;index=5&amp;md5=ea58d606ac9ab7d74762e6469caf9e14" rel="nofollow" rel="nofollow">paper</a>.
 
 
 About Cree, Inc.
 
 
 Cree is a market-leading innovator of lighting-class LEDs, lighting 
 products and semiconductor products for power and radio frequency (RF) 
 applications. Cree believes in better light experiences and is 
 delivering new innovative LED technology that transforms the way people 
 experience light through high-quality interior and exterior LED lighting 
 solutions.
 
 
 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.
 
 
 Please refer to <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cree.com&amp;esheet=51513014&amp;newsitemid=20170221005431&amp;lan=en-US&amp;anchor=www.cree.com&amp;index=6&amp;md5=fc65d5a238bed9ca7953f604b404fead" rel="nofollow" rel="nofollow">www.cree.com</a> 
 for additional product and Company information.
 
 
 About McLaren Health Care
 
 
 McLaren Health Care, headquartered in Flint, Michigan, is a fully 
 integrated health network committed to quality evidence-based patient 
 care and cost efficiency. The McLaren system includes 12 hospitals, 
 ambulatory surgery centers, imaging centers, a 450-member employed 
 primary and specialty care physician network, commercial and Medicaid 
 HMOs covering more than 250,000 lives, home health and hospice 
 providers, retail medical equipment showrooms, pharmacy services, and a 
 wholly owned medical malpractice insurance company. McLaren operates 
 Michigan's largest network of cancer centers and providers, anchored by 
 the Barbara Ann Karmanos Cancer Institute, one of only 45 National 
 Cancer Institute-designated comprehensive centers in the U.S. McLaren 
 has 22,500 employees and more than 43,000 network providers. Its 
 operations are housed in more than 350 facilities serving the entire 
 Lower Peninsula of the state of Michigan along with a portion of the 
 Upper Peninsula.
 
 
 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® and SmartCast® are registered trademarks of Cree, Inc.
 
 
 
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