POET Technologies Announces Availability of Samples of its O-Band LightBar™ Product

POET Technologies Announces Availability of Samples of its O-Band LightBar™ Product

TORONTO, June 09, 2021 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of integrated optical engines for the optical communications, computing and sensing markets, all based on the POET Optical Interposer™, announces that samples of its O-band LightBar™ product will be available beginning in September.

The POET LightBar products address the need for remote, aligned light sources to power data communication transceivers, co-packaging of electronics and photonics in applications such data center switch architectures, optical computing and various sensing devices. In data processing, a remote light source offers the benefit of more effective control of heat generated from lasers. Remote light sources also facilitate the field replacement of lasers that are more susceptible to failure than other components. In sensing and computing, remote light sources function as a key element, in which the close interaction of photonic and electronic components operate together in a miniaturized, self-contained system.

A family of fully-customizable LightBar products in the O-band (1270nm to 1330nm) includes a base platform of 4 to 12 channels, with high-power CW (continuous wave) DFB (distributed feedback) lasers passively aligned to the waveguides on the Optical Interposer platform. Each lane will provide up to 17dBm of optical output power, equivalent to 50mW per channel, over an operating temperature range of 0°C to 70°C. Channel spacing and output pitch are customizable according to customer requirements. A variety of wavelength multiplexing options can also be specified by the customer based on their requirements.

The Company’s LightBar products incorporate all of the intrinsic features of the POET Optical Interposer, including integrated spot-size converters that minimize coupling losses and increase power efficiency of lasers.

Live demonstrations of POET’s products are being conducted by the Company during the virtual Exhibition at the Optical Fiber Communication (OFC) Conference taking place from Monday through Friday, June 7 – 11, 2021. For additional information or a demonstration, interested parties may contact Vivek Rajgarhia, the Company’s President & General Manager at the following email address: vivek@poet-technologies.com.

About POET Technologies Inc.

POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™ a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers. POET is headquartered in Toronto, with operations in Allentown, PA and Singapore. More information may be obtained at www.poet-technologies.com.

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products.

Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its planned joint venture, plans for and completion of projects by the Company’s third-party consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, a delay or abandonment of its planned joint venture, delays in recruitment for its newly opened operations or changes in plans with respect to the development of the Company’s anticipated projects by third-parties, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, and the ability to raise additional capital. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

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