Charlotte, N.C., Jan. 10, 2018 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), a manufacturer of patented single-crystal BulkONE® bulk
acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that CEO, Jeff
Shealy and CFO, John Kurtzweil will present at the 20th Annual Needham Growth Investor Conference being
held at the Lotte New York Palace Hotel in New York City on January 17-18, 2018.
Akoustis will present on Wednesday, January 17th at 5:30 p.m. ET.
The investor presentation will be webcast live and available for replay at: http://wsw.com/webcast/needham84/akts/ and on the investor relations section of the
Company’s website at www.akoustis.com.
Investors are invited to request a one-on-one meeting with Akoustis management during the conference by
contacting their Needham representative.
Akoustis is pioneering next-generation materials science to address the market requirements for improved RF
filters - targeting higher bandwidth, higher operating frequencies and higher output power compared
to incumbent polycrystalline BAW technology deployed today. Superior performance is driven by the significant
advances ofhigh-purity, single-crystal piezoelectric materials and the resonator-filter process
technology. The advanced material properties drive electro-mechanical coupling, which translates to wide filter
bandwidth. High-band RF filters are achieved by leveraging the Company’s high-sound velocity, single-crystal piezoelectric
materials. These single-crystal piezoelectric materials offer high-thermal conductivity along the path of heat flow, enabling
high-power handling capability of the RF filter. The Company has announced fourcustomer engagements for its premium
high band BAW RF filters in frequencies ranging from 1.5 GHz to 5.2 GHz and remains focused on customer design
engineering engagements, as well as technology and product qualification for commercial manufacturing in first-half of calendar
year 2018.
About Akoustis Technologies, Inc.
Akoustis® (http://www.akoustis.com) is a high-tech RF filter solutions company that designs and
manufactures its unique, patented BulkONE® technology to produce single-crystal bulk acoustic wave (BAW) RF filters for mobile
and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and
digital back end. 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. The Company owns and operates a 120,000 sq. ft.
ISO-9001 certified commercial wafer-manufacturing facility located in Canandaigua, NY, which includes a class 100 /
class 1000 cleanroom facility - tooled for 150-mm diameter - for the design, development, fabrication and packaging of RF filters,
MEMS and semiconductor devices. Akoustis is headquartered in the Piedmont technology corridor near Charlotte North
Carolina.
Forward-Looking Statements
Statements in this press release that are not descriptions of historical facts are forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking
statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not
historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan,"
"anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements
are expressed differently. These forward-looking statements are based on management’s current expectations and
assumptions and are subject to risks and uncertainties. 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 ability to protect our intellectual property rights that are valuable to our business, including patent and
other intellectual property rights; our ability to successfully market and sell our technologies; the ability to achieve high
volume manufacturing in the first-half calendar year 2018 and the size and growth of the potential markets for any of our
technologies, the rate and degree of market acceptance of any of our technologies and our ability to raise funding to
support operations and the continued development and qualification of its premium high-band BAW RF filters utilizing its patented
single-crystal piezoelectric materials. These and other risks and uncertainties, which are described in more detail in the
Company’s most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange
Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements regarding future events and
circumstances discussed 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 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.
Akoustis Contact Information:
COMPANY:
Dave Aichele
Akoustis Technologies, Inc.
VP of Business Development`
704-997-5735, ext. 106
daichele@akoustis.com
INVESTORS:
The Del Mar Consulting Group, Inc.
Robert B. Prag, President
858-794-9500
bprag@delmarconsulting.com
