Charlotte, N.C., March 02, 2017 (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 its CEO, Jeff Shealy, will present at the
29th Annual ROTH Conference on Tuesday, March 14, 2017 at 8:30 am PST in Dana Point,
CA.
The presentation will be webcast live and available for replay at: http://wsw.com/webcast/roth31/akts and on the investor relations section of the Company’s
website at www.akoustis.com.
Investors are also invited to request a one-on-one meeting with Akoustis management during the conference by contacting their
ROTH representative at (800) 933-6830 or email conference@roth.com.
Akoustis is pioneering next-generation material science to address the market requirements for improved RF filters - targeting
higher bandwidth, higher operating frequencies and higher output power as compared to conventional polycrystalline BAW filter
technology deployed today. Superior performance is driven by the significant advances made in the patented single-crystal
piezoelectric materials and the resonator-filter process technology. The piezoelectric constant and material composition drive
electro-mechanical coupling, which enables higher filter bandwidth. In the case of operating frequency, high sound velocity in
high-purity piezoelectric materials allows signals to propagate faster in the RF filter. The Company’s single-crystal
piezoelectric materials offer high-thermal conductivity along the path of heat flow, greatly improving the high-power handling
capability of the RF filter.
Akoustis continues to meet with multiple design clients and potential strategic partners to share its single-crystal resonator
and RF filter results.
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’ capital-efficient business model leverages third party
investments and 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
