CHAMPAIGN-URBANA, ILLINOIS – June 18, 2010 – Today, EpiWorks, Inc., a leading developer and manufacturer of compound semiconductor epitaxial wafers, announced a major milestone in the development of technology to address the concentrated photovoltaic (CPV) market.

EpiWorks demonstrated a 6-inch, compound semiconductor PV wafer capability that is the first step in establishing the infrastructure and capability to produce low-cost solar cells with the highest conversion efficiency. “We are a high-tech manufacturer with an established track record supporting the wireless industry with volume production, but over the past several years we have also established a strong solar cell capability. As we have done with our wireless customers, EpiWorks is excited to push the industry technology roadmap while establishing this critical part of the PV wafer production supply chain. To ensure rapid and successful adoption of this CPV technology, EpiWorks is working closely with key partners, including a US-based semiconductor manufacturer listed on the NASDAQ”, said David Ahmari, EVP of Business Development at EpiWorks. “Our ability to provide leading technology combined with high quality, volume production, is a unique skill set that creates new opportunities for our customers.”

# # #

About EpiWorks
EpiWorks develops and manufactures compound semiconductor epitaxial wafers for application in optical components, wireless devices and high-speed communication systems. The company’s products provide these applications additional performance, such as greater efficiency, bandwidth and reliability. EpiWorks’ business model includes high-level customer interaction and codevelopment to rapidly advance its customers’ technology capability and product performance.