Webcast Alert: Cree Inc. Announces 2008 Second Quarter Earnings Call

DURHAM, N.C., Jan. 8 /PRNewswire-FirstCall/ -- Cree Inc. (Nasdaq: CREE)
announces the following Webcast:
What: Cree Inc.'s Conference Call

When: January 22, 2008 @ 5:00 pm

Where: http://www.videonewswire.com/event.asp?id=44844

How: Live over the Internet -- Simply log on to the web at the address
above.

Raiford Garrabrant
Director, Investor Relations
Cree, Inc.
Ph: (919) 313-5397
Fax: (919) 313-5615
Email: raiford_garrabrant@cree.com

About Cree, Inc.
Cree, Inc. is a market-leading innovator and manufacturer of
semiconductors that enhance the value of solid-state lighting, power and
communications products by significantly increasing their energy performance
and efficiency. Key to Cree, Inc.'s market advantage is its world-class
materials expertise in silicon carbide (SiC) and gallium nitride (GaN) for
chips and packaged devices that can handle more power in a smaller space while
producing less heat than other available technologies, materials and products.
Cree, Inc. drives its increased performance technology into multiple
applications including exciting alternatives in brighter and more-tunable
light for general illumination, backlighting for more-vivid displays,
optimized power management for high-current, switch-mode power supplies and
variable-speed motors, and more-effective wireless infrastructure for data and
voice communications. Cree, Inc. customers range from innovative lighting-
fixtures makers to defense-related federal agencies.
Cree, Inc.'s product families include blue and green LED chips, lighting
LEDs in all colors, LED backlighting solutions, power-switching devices and
radio-frequency/wireless devices. For additional information please refer to
http://www.Cree.com.
SOURCE Cree, Inc.

Raiford Garrabrant, Director, Investor Relations of Cree, Inc.,
+1-919-313-5397, Fax, +1-919-313-5615, raiford_garrabrant@cree.com