The Company will re-prioritize its technical roadmap by introducing specific milestones associated with reducing feature size from the sub-micron to the 100-nm range in scale, targeting4Q2013 for that milestone”; and (iii) “While the new feature-size milestone is a challenge given our commitment to projects in our delivery pipeline, I believe the POET team is more than capable of achieving this goal.”Such forward-looking information or statements are based on a number of risks, uncertainties and assumptionswhich may cause actual results or other expectations to differ materially from those anticipated and which may prove tobe incorrect. Assumptions have been made regarding, among other things, management's expectations regarding futuregrowth, 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, operational risks in the completion of the Company’s anticipated projects, delays orchanges 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, risks inherent in operating in foreign jurisdictions, 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 andthe Company assumes no obligation to update or revise this.