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To: unclewest who wrote (15375)	1/17/2000 11:04:00 AM
From: JDN	Respond to of 54805

Dear unclewest: Yes, thats the deal I was thinking of. The way I interpret it it would seem CREE does in fact have blue and green laser diodes technology. JDN

To: unclewest who wrote (15375)	1/17/2000 11:26:00 AM
From: BDR	Respond to of 54805

On Cree, blue lasers, MVIS, and projected introduction (from mvispages.com 30 Aug 99, Audio Week CREE READIES BLUE LASER Cree Research will introduce blue laser diode chip for DVD and other optical storage applications in 2001, capping 6-year development effort, CFO Cynthia Merrell said. Blue laser, which uses shorter wavelength to increase storage capacity of optical disc drives, is being developed for head-mounted displays under $2.5 million contract with Bothell, Wash.-based Microvision. Latter has option to renew contract for another year in May 2000 at $2.5 million and is designing head-mounted displays that can access Internet, Merrell said in interview at N.Y. Society of Securities Analysts semiconductor conference last week. While Microvision project is first application for blue laser technology, Cree's eventual goal is to license it to DVD player and DVD-ROM manufacturers. Cree is working to fabricate blue laser diode from gallium nitride and related materials deposited on silicon carbide substrate. Commercial lasers typically have 1,000-10,000-hour useful operating life. "My guess is we would not give away the technology before a packaging or distribution venture, but it's too early to say right now how we're going to roll that out," Merrell said. Cree has had discussions with CE manufacturers on blue laser technology, but "they [manufacturers] want to see a sample before we talk," she said. First commercially available blue lasers are expected to hit market in 2001, with industry sales rising to $2 billion by 2006, Merrell said. Cree's blue laser technology was developed as part of joint venture with Philips, but companies parted ways in 1997 after 2-year effort.