Charlotte N.C., Nov. 22, 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’s CEO, Jeff Shealy, will present at the Drexel
Hamilton 2016 Emerging Growth Conference held on December 1st in New York City.
Mr. Shealy will present on Thursday, December 1st at 10:30 a.m. ET. He 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 Drexel Hamilton representative.
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
