Akoustis to Present at the 20th Annual Needham Growth Conference at 5:30 pm ET on January 17th
January 10 2018 - 07:00AM
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 StatementsStatements 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 AicheleAkoustis Technologies, Inc.VP of
Business Development`704-997-5735, ext.
106daichele@akoustis.comINVESTORS:The Del Mar Consulting
Group, Inc.Robert B. Prag,
President858-794-9500bprag@delmarconsulting.com
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