Charlotte, N.C., Sept. 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 its Chief Executive Officer, Jeff Shealy, will present at the OktoberINVESTfest Conference hosted by Joseph Gunnar & Co. held at the New York Academy of Sciences in in New York City. 

 

Mr. Shealy will be presenting Wednesday, September 28th at 11:05 a.m. EDT. The presentation will be webcast live and available for replay for 90 days at: http://wsw.com/webcast/oktoberinvestfest/akts.

 

Mr. Shealy will also meet one-on-one with institutional investors during the conference. Investors are invited to request a meeting with Akoustis management by contacting their Joseph Gunnar 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.

CONTACT: Akoustis Contact Information:

COMPANY:
Dave Aichele
Akoustis, Inc.
VP of Business Development
Main: 704-997-5735, ext. 106
Email: [email protected]

INVESTORS:

The Del Mar Consulting Group, Inc.
Robert B. Prag, President
858-794-9500
[email protected]

or

Integra Consulting Group LLC
Jeremy Roe, Managing Partner
925-262-8305
[email protected]