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POET Technologies Inc.

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POET #Technologies $PTK $POETF Q3 & Business update Live audio webcast available ,Nov 29, 2018 8:00 a.m. Pacific Time (11:00 a.m. Eastern)
U.S./Canada Conf Call # 1-866-688-4315 International Call # +1-409-217-8326 Pass code: 1363666
t.co/LSHRjb5B5M
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Community Spotlight:
Interview with Thomas R. Mika, Executive Vice President & CFO of POET Technologies Inc. (OTCQX: POETF)
www.otcmarkets.com/files/December2018...
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POET’s Optical Interposer is a platform technology upon which multiple applications can be based, including transceivers for data- and tele-communications, integrated photonics on electronic switching devices, low-cost components for the networking and cellular markets, automotive LIDAR and a plethora of sensing and other applications using light as a medium for data transmission. In each case, devices traditionally associated with photonics, such as laser diodes, light emitting diodes, detectors, amplifiers and the associated waveguides and other passive devices are designed specifically in the context of the Optical Interposer to meet the needs and functions of the specific application.
poet-technologies.com/applications.html
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POET Technologies Receives Offer for DenseLight Subsidiary

SAN JOSE, Calif., Feb. 04, 2019 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the “Company” or “POET”) (OTCQX: POETF; TSX Venture: PTK), a designer, developer and manufacturer of optoelectronic devices, announced today that it has signed a non-binding Letter of Intent (LOI) for the sale of the capital stock of its Singapore-based DenseLight subsidiary.

Key terms of the non-binding LOI include proposed cash consideration in the range of US$26 - $30 million (C$34.5 – C$40 million), including a US$4 million (C$5.3 million) earn-out provision, no-shop and confidentiality clauses, and an undertaking to enter into key operating agreements, including a preferred supply agreement and a long-term strategic cooperation agreement among the parties. The parties expect to complete the signing of the definitive transaction agreements on or before September 15, 2019. The broad terms of the LOI and the consummation of any transaction are subject to further due diligence, the negotiation of definitive agreements and obtaining required approvals by all parties, including but not limited to the TSX Venture Exchange and a majority of the Company’s shareholders.

DenseLight was acquired by POET in May 2016 for US$10.5 million in POET common stock and has been engaged primarily in the development of new sensing and datacom products, including active devices for POET’s Optical Interposer platform. DenseLight’s sales of LEDs and other light sources, along with contract engineering for third parties, has grown to US$3.8 million (C$5.1 million) annually in 2018 from $1.9 million (C$2.5 million) in 2016. Since the introduction of its Optical Interposer technology in January 2018, POET’s development has expanded to optical waveguide designs fabricated by its manufacturing partner based in Malaysia and on novel packaging techniques related to the Optical Interposer. As the centerpiece of its growth strategy, POET will retain ownership of all the Intellectual Property unique to the Optical Interposer. The Company is now preparing to meet high-volume manufacturing requirements for Optical Interposer-based solutions, applying the active device designs successfully achieved at DenseLight, and exploring additional vertical markets beyond datacom.

POET’s Chief Executive Officer, Dr. Suresh Venkatesan, commented, “We believe this offer, and the anticipated agreements, once completed, represent a compelling opportunity to leverage our assets and inject non-dilutive capital into POET. The deal further allows POET to pursue a 'fab-light' strategy with a less capital-intensive business model that is focused on growing the Optical Interposer business through targeted investments in the design, development and sale of vertical market solutions. At the same time, a well-funded partner capable of making investments in both DenseLight and in additional manufacturing capacity will both support the anticipated ramp of POET’s Optical Interposer and transform DenseLight into a world-class manufacturer with global market reach. In addition to being one of its potentially largest customers, we expect to remain engaged with DenseLight and its partner over the long term for the benefit of both companies. We are very excited about the potential that this represents for all parties to this proposed transaction.”

About POET Technologies Inc.
POET Technologies is a developer and manufacturer of optical light source products for the sensing and data communications markets. Integration of optics and electronics is fundamental to increasing functional scaling and lowering the cost of current photonic solutions. POET believes that its approach to hybrid integration of devices, utilizing a novel dielectric platform and proven advanced wafer-level packaging techniques, enables substantial improvements in device cost, efficiency and performance. Optical engines based on this integrated approach have applications ranging from data centers to consumer products. POET is headquartered in Toronto, with operations in Silicon Valley, the United Kingdom, and Singapore. More information may be obtained at www.poet-technologies.com

Shareholder Contact:
Shelton Group
Brett L. Perry
sheltonir@sheltongroup.com

Company Contact:
Thomas R. Mika, EVP & CFO
tm@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 the success of the Company’s negotiations and ability to complete the agreements anticipated by the proffered Letter of Intent. Such statements include the Company’s expectations with respect to the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of more of the Company’s technology in current and future products. They also include statements regarding the successful negotiation of agreements related to a transaction, obtaining the required approvals to consummate a transaction and the future relationships and commercial opportunities that may result therefrom.
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 future growth, plans for and completion of projects by the Company’s third-party relationships, 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 inability of the Company to complete the transactions described in this press release, operational risks in the completion of the Company’s anticipated projects, delays or changes in plans with respect to the development of the Company’s anticipated projects by the Company’s third-party relationships, 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 inability 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

www.ldmicro.com/profile/poetf/news/76...
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POET Technologies’ DenseLight Sub Adds Two New Powerful Lasers to its Extensive Portfolio of Advanced Laser Solutions
globenewswire.com/news-release/2019/0...
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POET Technologies’ DenseLight Sub Introduces Advanced Digital Control for its Popular Integrated Light Module for Wind LIDAR
www.globenewswire.com/news-release/20...
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On February 6th, IBK hosted a phone conference with Suresh Venkatesan and Thomas Mika. A recording can be found here: cc.callinfo.com/play?id=7r2742
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POET Technologies Establishes Photonics Design Capabilities in Ottawa

POET Technologies Establishes Photonics Design Capabilities in Ottawa

- Combines Development Efforts with MillView Photonics
- POET Named to the 2019 TSX Venture 50 List of Companies
SAN JOSE, Calif., Feb. 21, 2019 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the “Company” or “POET”) (OTCQX: POETF; TSX Venture: PTK), a designer, developer and manufacturer of optoelectronic devices, including light sources, passive wave guides, and Photonic Integrated Circuits (PICs) for the data- and tele-communication markets, today announced that it had entered into an agreement with the highly-respected firm, MillView Photonics, Inc. (“MillView”) to establish a collaborative design center in Ottawa, Ontario, Canada.

MillView was established two years ago by Dr. Trevor J. Hall, Professor in the School of Electrical Engineering & Computer Science and Founding Director of the Centre for Research in Photonics at the University of Ottawa. Along with his team, which includes Peng Liu, senior passive component designer, Mihail Dumitrescu, senior active component designer, and supported by doctoral and postdoctoral graduate engineers, MillView serves clients in photonics research, simulation, design and process development.

The agreement between the two companies brings together in one lab the MillView team, including Dr. Hall, additional staff from MillView, and three PhD-level photonics engineers from POET. The team is also supported by POET’s Senior Vice President, Dr. William Ring, and additional POET design engineering resources.

Commenting on the collaboration agreement, Dr. Trevor Hall, a graduate of Cambridge University, noted, “MillView Photonics was founded along the same model as Cambridge Consultants where I worked on my return to Cambridge following PhD studies at University College London, U.K. Cambridge Consultants tapped into a vast reservoir of talent to solve real-world design and engineering challenges utilizing academic/industry partnerships. MillView is similarly situated to bring in the specific talent needed to address and solve a broad range of engineering challenges in photonics. We are all really gratified to be working as a team with POET Technologies. POET’s unique Optical Interposer™ platform has tremendous market potential, and we are all committed as one team to its success.”

POET’s Chief Executive Officer, Dr. Suresh Venkatesan, commented: “POET’s partnership with MillView rapidly expands our effort with experienced photonics engineering talent and substantial simulation and design capacity. In line with our stated strategy, we have assembled a team in one place dedicated to one goal – the design and development of waveguides and filters for our Optical Interposer platform. In addition, this places POET squarely in both a region and University where photonics design and development are vibrant and pervasive. The number of companies engaged in the photonics industry and the quality of the engineering talent available is extraordinary. We are very appreciative for the reception that Dr. Hall has extended to POET that allows us to function as one team.”

2019 TSX Venture 50
POET also announced today that the Company has been named to the 2019 TSX Venture 50 list, a ranking of the top performers on the TSX Venture Exchange over the past year. The TSX Venture 50 ranking is comprised of ten companies from each of the five industry sectors represented on the TSX Venture Exchange. Companies are selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.

POET’s Executive Vice President and Chief Financial Officer, Thomas Mika, commented, “We are gratified to be recognized as one of the top technology companies on the TSX Venture Exchange for 2019. Last year was a transformational year for the Company, highlighted by our first orders for our POET Optical Interposer-based solutions from leading global communications companies targeting data communications applications. Additionally, we recently received an offer to purchase our DenseLight subsidiary as part of our plan to pursue a fab-light strategy with a less capital-intensive business model. In fact, today’s announced collaboration agreement with MillView for combining design capabilities also furthers these efforts by leveraging key strategic partnerships to establish POET as a world-class organization with leading optical products. We look forward to building on our growing momentum in 2019 as we realize the substantial commercial potential for POET’s technology.”

A short video profile on POET Technologies will be posted and available at www.tsxventure50.com
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Change to Board of Directors
In addition, the Company also announced that John O’Donnell has resigned from POET’s Board of Directors effective December 31, 2018 as part of his recent retirement from professional law practice. O’Donnell had served as the Company’s Chief Legal Counsel, Corporate Secretary and Director since 2012. The Company and the Board sincerely thank O’Donnell for his dedicated service and contribution to POET Technologies over the past seven years.

About MillView Photonics
MillView Photonics, Inc., designs, simulates, fabricates and tests Photonic Integrated Circuits. MillView’s expertise extends to concept, design and simulations of several materials and device platforms, including Indium Phosphide, Silicon-on-Insulator, Silicon, Silica-on-Silicon, and Lithium Niobate, encompassing monolithic, hybrid and modular architectures, and implemented in various photonic components and devices, including integration on a chip. MillView’s expertise further extends to characterization, testing and packaging, as well as fabrication (in customer or affiliate facilities). MillView has technology for license in the areas of LC-DFB Lasers, Edge Emitting DBR Lasers, Fabry-Perot Lasers, SOA (E-band, Hybrid iii-V/silicon), Grating Couplers and SOA/Laser Couplers, and EML Lasers. MillView’s main office is in Ottawa, with contacts in P.R. China and India. Contact: info@millviewphotonics.com

About POET Technologies Inc.
POET Technologies is a developer and manufacturer of optical light source products for the sensing and data communications markets. Integration of optics and electronics is fundamental to increasing functional scaling and lowering the cost of current photonic solutions. POET believes that its approach to hybrid integration of devices, utilizing a novel dielectric platform and proven advanced wafer-level packaging techniques, enables substantial improvements in device cost, efficiency and performance. Optical engines based on this integrated approach have applications ranging from data centers to consumer products. POET is headquartered in Toronto, with operations in Ottawa, Silicon Valley, the United Kingdom, and Singapore. More information may be obtained at www.poet-technologies.com.

Shareholder Contact:
Shelton Group
Brett L. Perry
sheltonir@sheltongroup.com

Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet-technologies.com
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