Completion of Milestone - “3rd Party Foundry” 40/100-nm Transfer

The Company completed its “3rd Party Foundry” 40/100-nm transfer milestone consisting of completing the critical layers of the Transistor Fabrication Process. This flow process will allow the Company to generate more complex prototypes and test structures. As the POET process node size shrinks, this facilitates new industry innovations and furthers development work. This new epitaxial flow process includes new innovations in the POET prototype fabrication process. These innovations were necessary to continue the optimization work of the 100 and 40-nm foundation devices of our technology.

Dan DeSimone, Chief Technical Officer noted: “This is a significant step for our “lab-to-fab” transition where this new flow at our “3rd Party Foundry” accelerates and adds repeatability and quality to our manufacturing process necessary for our next two significant milestones expected at the end of Q1: a 100-nm ring oscillator and a 50 GHz VCSEL.”

http://www.streetinsider.com/SEC+Filings/Form+6-K+POET+TECHNOLOGIES+INC.+For%3A+Feb+01/10249661.html