Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: The Roadshow

Personally I'm thinking we will see news very soon, but nothing major. Perhaps just an update on the transfer process and/or who the epitaxial sources are.

taken from the CC transcript.

Suresh Venkatesan:

12:48 – And as far as the lab-to-fab transition goes, we are on plan to complete this activity by the end of this year. In place are signed MoUs with two epitaxial wafer vendors who are among the world’s premier providers of epitaxial wafers. We expect to start receiving six-inch epitaxial wafers from these vendors starting October. The initial results are in and we expect to be able to complete the first phase of the transfer over the next month. The transfer is also underway of our proprietary VCSEL fabrication process to our commercial foundry partner, with first VCSEL and transistor results expected in Q1 2016 and integrated VCSEL and detector components in the second quarter of 2016.

or

Suresh Venkatesan:

25:48 – Our specific milestones over the next few quarters are:

  • In the fourth quarter of 2015, initiate wafer start at our foundry partner and establish a source of commercial epitaxy.
  • In the first quarter of 2016, demonstrate first fully externally processed wafers for both VCSEL and FET functionality.
  • In the second quarter of 2016, demonstrate integrated 10 Gbps transmit-and-receive component that incorporates the FETs, VCSELs, and the detectors integrated together.
  • In the fourth quarter of 2016, provide functional prototypes to the market.

After all

09:30Suresh Venkatesan: Thanks, Ajit, and thanks to everyone for joining us today. As the new team we wanted to have this brief call to introduce ourselves to you now that the summer is over. We intend to have an ongoing dialog with our shareholders. We expect to see a number of you very soon and you can expect a more pro-active stance from us in terms of communications with our investors, both old and new. We greatly appreciate your support for this company, and we believe that we’re going about to accomplish significant things together, and soon.

In my opinion even small NR's would go a long way to instill investor confidence (especially with the fatigued ones)

Cheers and GLTA

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