Charlotte, N.C., Nov. 05, 2018 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), a manufacturer of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, is providing an update to its management team.

The Company announced that November 5, 2018 will be the last day of employment for John Kurtzweil, its Chief Financial Officer. Mr. Kurtzweil’s departure was not due to any disagreement concerning the Company’s financial statements, policies or practices. Akoustis has appointed Kenneth Boller to serve as the Interim Chief Financial Officer.

Mr. Boller joined the Company as Corporate Controller and Assistant Secretary in December 2017 and will continue with those responsibilities. From 2012 to 2017, Mr. Boller served as a U.S. Controller and Director of Accounting for Ecolab, a Fortune 500 company. Mr. Boller has over 20 years of accounting experience and is a Certified Public Accountant in the Commonwealth of Pennsylvania. He has helped build and manage the finance organization at Akoustis since joining the Company.

About Akoustis Technologies, Inc.

Akoustis® (http://www.akoustis.com) is a high-tech BAW RF filter solutions company that is pioneering next-generation materials science and MEMS wafer manufacturing to address the market requirements for improved RF filters - targeting higher bandwidth, higher operating frequencies and higher output power compared to incumbent polycrystalline BAW technology deployed today. The Company utilizes its proprietary XBAW manufacturing process to produce bulk acoustic wave RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Superior performance is driven by the significant advances of high-purity, single-crystal and associated piezoelectric materials and the resonator-filter process technology which drives electro-mechanical coupling and translates to wide filter bandwidth.