BLUGLASS BUSINESS UPDATE

BluGlass closes the calendar year with a new technology breakthrough, the arrival of the AIX 2800 G4, commercial scale system for RPCVD retrofit; and continuing negotiations with Lumileds:

Key Points:

Negotiations with Lumileds continue and BluGlass is no longer bound by exclusivity
BluGlass has successfully demonstrated functioning tunnel junctions using its unique as-grown and activated p-GaN (AAG) technology by remote plasma chemical vapour deposition (RPCVD)
Facilities upgrade is nearing completion