EMCORE purchased 4,892,857 shares of Series D Preferred Stock, together
with 505,044 Warrants, in
About EMCORE
EMCORE Corporation is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets. EMCORE's Fiber Optics segment offers optical components, subsystems and systems that enable the transmission of video, voice and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP) networks. EMCORE's Solar Power segment provides solar products for satellite and terrestrial applications. For satellite applications, EMCORE offers high- efficiency compound semiconductor-based gallium arsenide (GaAs) solar cells, covered interconnect cells and fully integrated solar panels. For terrestrial applications, EMCORE offers concentrating photovoltaic (CPV) systems for utility scale solar applications as well as offering its high-efficiency GaAs solar cells and CPV components for use in solar power concentrator systems. For specific information about our company, our products or the markets we serve, please visit our website at http://www.emcore.com.
Safe Harbor
Statements in this press release that are not historical facts, and the
assumptions underlying such statements, constitute "forward- looking
statements" and assumptions underlying "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 and involve a number of risks and
uncertainties, including whether the second closing with the Quercus Trust
will occur. Readers should also review the risk factors set forth in EMCORE's
Annual Report on Form 10-K for the fiscal year ended
CONTACT: EMCORE Corporation Adam Gushard - Interim Chief Financial Officer (505) 332-5000 info@emcore.com TTC Group Vic Allgeier (646) 290-6400 vic@ttcominc.com
SOURCE EMCORE Corporation