QUARTERLY REPORT & APPENDIX 4C

Australian semiconductor developer, BluGlass Limited (ASX: BLG), is pleased to provide this Quarterly Update to accompany the Appendix 4C Quarterly Report for the three months ended 31 March 2020.

Highlights for the period include:

• Laser Diode business progress

• Engaged Laser Diode customers to develop test products for delivery end of CY2020.

• repeat customer revenues anticipated to commence early CY2021

• RPCVD tunnel junction laser diode structures show promising performance potential

• BluGlass’ US test facility nears completion

• Completion of a $5.8M Rights Issue and Shortfall placement

• RPCVD Tunnel Junction Paper for Laser Diode Applications presented at Photonics West

• Cost reduction measures announced for the remaining FY2020

The Quarterly Report and 4C is available to download here