Akoustis Technologies to Ring the Nasdaq Market Closing Bell on March 22nd
Charlotte, N.C., March 21, 2017 (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 Jeff Shealy, CEO, will commemorate the Company’s recent listing on Nasdaq by ringing the Nasdaq Closing Bell. Members of the Company’s executive management team, Board of Directors, and other supporters will join in the ceremony.
Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
When: Wednesday, March 22, 2017 – 3:45 p.m. to 4:00 p.m. ET
A live webcast of the ceremony will be available starting at 3:45 pm at: https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx.
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 technology deployed today. Superior performance is driven by the significant advances made in the high-purity piezoelectric materials and the resonator-filter process technology. The piezoelectric constant and material composition 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.
Akoustis® (http://www.akoustis.com) is a high-tech RF filter solutions company that manufactures its unique, patented BulkONE® technology to produce single-crystal bulk acoustic wave (BAW) high-band RF filters for the mobile-wireless industry and beyond, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Its patented 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 existing investments in manufacturing infrastructure within the semiconductor industry. Akoustis® is located in the Piedmont technology corridor between Charlotte and Raleigh, North Carolina.