Charlotte, N.C., Oct. 26, 2016 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (OTCQB: AKTS) (“Akoustis” or the “Company”), a manufacturer of innovative BulkONE™ bulk acoustic wave (BAW)
high-band RF filters for mobile wireless, announced today that the Company will present at the Sidoti & Company Fall 2016 Emerging
Growth Conference held on November 1st at The New York Marriott Marquis hotel in New York.
Akoustis’ CEO, Jeff Shealy and Chairman Jerry Neal will present on Tuesday, November 1st, 2016 at 9:15 a.m. ET. They
will also meet one-on-one with institutional investors during the conference.Investors are invited to request a one-on-one meeting
with Akoustis management by contacting their Sidoti representative.
For more information, or to register, please visit the conference website at www.sidoti.com.
About Akoustis
Akoustis™ (http://www.akoustis.com) is a high-tech RF
filter solutions company that manufactures its unique, patent-pending BulkONE™ technology to produce single crystal bulk acoustic
wave (BAW) RF filters for the mobile-wireless industry, which facilitate signal acquisition and accelerate band performance between
the antenna and the back end of mobile devices. Its BulkONE™ technology will service the fast growing multi-billion dollar market
of device OEMs, network providers, and consumers to diminish front end phone heat, battery drain and signal loss -- all considered
to be directly related to current RF polycrystalline filter technologies’ limitations. Akoustis’ “asset-lite” business model
is capital efficient, leveraging existing manufacturing infrastructure in the semiconductor industry. Akoustis™ is located in the
Piedmont technology corridor between Charlotte and Raleigh, North Carolina.
Forward-Looking Statements
Statements in this press release that are not descriptions of historical facts are forward-looking statements that are based on
management’s current expectations and assumptions and are subject to risks and uncertainties. In some cases, you can identify
forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,”
“intends,” “may,” “plans,” “potential,” “predicts,” “should,” “will,” “would” or the negative of these terms or other comparable
terminology. Factors that could cause actual results to differ materially from those currently anticipated include, without
limitation,
- risks relating to the results of our research and development activities, including uncertainties relating to semiconductor
process manufacturing;
- the early stage of our BulkONE™ technology presently under development;
- our need for substantial additional funds in order to continue our operations and the uncertainty of whether we will be able
to obtain the funding we need;
- our ability to retain or hire key scientific, engineering or management personnel;
- our ability to protect our intellectual property rights that are valuable to our business, including patent and other
intellectual property rights;
- our dependence on third-party manufacturers, suppliers, research organizations, testing laboratories and other potential
collaborators;
- our ability to successfully market and sell our technologies;
- the size and growth of the potential markets for any of our technologies, and the rate and degree of market acceptance of any
of our technologies;
- competition in our industry; and
- regulatory developments in the U.S. and foreign countries.
In light of these risks, uncertainties and assumptions, the future events and circumstances discussed in the forward-looking
statements in this press release may not occur, and actual results could differ materially and adversely from those anticipated or
implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future
events. The forward-looking statements included in this presentation speak only as of the date hereof, and, except as
required by law, we undertake no obligation to update publicly or privately any forward-looking statements for any reason after the
date of this presentation to conform these statements to actual results or to changes in our expectations. The materials do not
constitute an offer to sell, or the solicitation of any offer to buy, any securities of Akoustis, or any other entity
whatsoever. Any representation to the contrary by any party should be ignored.
Akoustis Contact Information: COMPANY: Dave Aichele Akoustis, Inc. VP of Business Development Main: 704-997-5735, ext. 106 Email: daichele@akoustis.com INVESTORS: The Del Mar Consulting Group, Inc. Robert B. Prag, President 858-794-9500 bprag@delmarconsulting.com or Integra Consulting Group LLC Jeremy Roe, Managing Partner 925-262-8305 jeremy@integracg.net
