Akoustis Appoints Tom Sepenzis as Director of Investor Relations

2/20/18

Charlotte, N.C., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS), a manufacturer of patented single-crystal BulkONE bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has appointed Tom Sepenzis as Director of Investor Relations. With more than 20 years of experience as a Wall Street technology analyst, Mr. Sepenzis brings a diverse knowledge of technology and capital markets. The new role will bring a direct point of contact for investors and is aimed to elevate communication with the investment community.

Mr. Sepenzis was most recently a Managing Director and Senior Semiconductor Analyst for Northland Capital Markets where he covered over 20 companies. Prior to Northland, Mr. Sepenzis held similar roles at ThinkEquity Partners, CIBC World Markets, Piper Jaffray and Soundview Financial Group. Tom holds an MFA from AAU and a BA from New York University.

Jeffrey Shealy, CEO of Akoustis Technologies commented. “I am pleased to welcome Tom to our management team. He joins us at a critical time as we transition from the development stage to production. Tom’s experience and passion for technology will be instrumental in broadening our investor base as we reach this important milestone in our development as a company.”

About Akoustis Technologies, Inc.

Akoustis® (http://www.akoustis.com) is a high-tech RF filter solutions company that designs and manufactures its unique, patented BulkONE® technology to produce single-crystal bulk acoustic wave (BAW) RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Its 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. The Company owns and operates a 120,000 sq. ft. ISO-9001 certified commercial wafer-manufacturing facility located in Canandaigua, NY, which includes a class 100/ class 1000 cleanroom facility - tooled for 150-mm diameter wafers - for the design, development, fabrication and packaging of RF filters, MEMS and semiconductor devices. Akoustis is headquartered in the Piedmont technology corridor near Charlotte North Carolina.

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