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Cree and Raleigh, North Carolina, Launch Nation’s First “LED City” with Cost-Saving Municipal Lighting

Cree and Raleigh, North Carolina, Launch Nation’s First “LED City” with Cost-Saving Municipal Lighting
RALEIGH/DURHAM, NC, FEBRUARY 12, 2007 — Cree, Inc. (Nasdaq: CREE), a U.S.-based leader in Light Emitting Diode (LED) solid-state lighting components, and the City of Raleigh, the anchor city in a rapidly growing metro area, today announced a joint, city-wide initiative to test, deploy and promote LED technology focused on a variety of general lighting applications. The “LED City” initiative is designed to create a “living laboratory” to deliver the economic, environmental and usage benefits of LED lighting to the residents of Raleigh. The first project is focused on validating both the cost savings and technology capabilities of LEDs through an installation of LED lighting in the City’s Municipal Building parking deck. Both Cree and Raleigh public officials expect the initiative to serve as a model for other cities that are considering implementing energy-efficient infrastructures.
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2007-02-12 18:29:59
 
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