SAN JOSE, Calif., Feb. 20, 2018 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET”) (OTCQX:POETF) (TSX Venture:PTK), a designer, developer and manufacturer of optoelectronic devices, including light sources, passive wave guides and Photonic Integrated Circuits (PIC) for the data communication and telecom markets, today responded to recent share trading activity at the request of Investment Industry Regulatory Organization of Canada (“IIROC”) on behalf of the TSX Venture Exchange.

POET confirmed that there have been no undisclosed material changes to the Company's business or operations at this time.  “We are pleased to see an increased interest on the part of shareholders and other market participants in POET’s common stock, which we largely attribute to our recent announcement of the Optical Interposer Platform,” commented Thomas Mika, POET’s Chief Financial Officer.  “We believe the ability to integrate electronic and photonic devices into a single, low-cost, CMOS-compatible package represents a unique value proposition for photonics in general, and particularly in high speed data communications.  In several key application areas, our proprietary platform technology has the potential to surpass or displace both conventional discrete approaches to transceiver architectures, as well as those based on integrated silicon photonics devices.  Since announcing the Optical Interposer Platform in January, we have experienced an encouraging market response, resulting in multiple interactions with prospective partners and customers.”