Manufacturers Cree LED revenue remained stable

LED the world's leading manufacturer of Cree company released results for the fiscal year ended March 26, 2006 third quarter was $$107704000. Last year's $95754000, up from $12%. Net income, including the third quarter is no longer sustained business losses of $$24000000, or diluted earnings per share of $$0.31, $$20683000 in the third quarter of 2005, or diluted earnings per share of $$0.27.

In the third quarter of fiscal year 2006, net income includes a company in Color Kinetics's investment of approximately $$0.05 diluted earnings per share of tax benefits. The third quarter results included the chairman of $2367000 dollars of stock compensation expenses of Cree company CEO Chuck Swoboda said, we are very pleased that our XLamp products in the third quarter, with strong growth, make up for the LED chip sales in the quarter, for companies in the fourth quarter will be a quarter with our high transition power products began production in our new Research Triangle Park in North Carolina, will increase the number of operating expenses and related to one-time costs. These investments and efforts we are developing will help increase the growth of our company's new products. As for the fourth quarter of fiscal 2006, Cree's current target revenue is between $106 million and $$0.22 to $$0.24 per share, including $110 million to $$0.03 per share, which is expected to affect the cost of the expense. This goal also includes a one-time fee of $$0.01 per share for the triangle Research Park in North carolina.

About Cree

Cree is an advanced semiconductor company, mainly using its silicon carbide (SiC) and gallium nitride (GaN) materials technology professional advantages, the production of active semiconductor model. Products include blue and green light-emitting diodes (LED), radio frequency RF), microwave equipment and power switch equipment, while also developing ultraviolet laser approximation. Cree fully aware of the importance of science and technology, technology and innovation, the staff's ideas, resources and capabilities are given great attention. Cree related products have great potential applications in solid-state lighting, power switch, wireless structure and optical storage.