The Company has:

1. Successfully produced numerous distinct devices under the POET process, including on-chip continuous-wave lasers and switching lasers with the potential for eliminating chip-to-chip metallic interconnects, heterostructure field effect transistors (HFETs), optical thyristors, pulsed lasers, super-radiant light emitting devices, and infrared sensors with potential for multi-spectral and uncooled operation – all able to be monolithically fabricated via the POET process.

2. Established Technology Design Kits (“TDK”) documentation. TDKs comprise a library of comprehensive design rules and device parameters for the Company and will enable customers and partners the ability to implement the POET process into preferred foundries. The TDKs will also help licensed designs in a POET device ecosystem to proliferate and help existing silicon library functions to migrate to POET technologybased circuitry in a minimum amount of time.

3. Achieved the 100nm milestone and is currently working towards optimizing performance. The optimization process may involve the help of third party foundries or partners.

4. Validated its fabrication process, as well as specific device operation over both electronic and optical regimes, numerous times in an independent third-party foundry.