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Frost & Sullivan Lauds Quantum Materials Corp for Its Ground-Breaking, Commercially Viable Quantum Dot Manufacturing Technology

The innovative technology enables large-scale production of highly efficient, inexpensive QDs

MOUNTAIN VIEW, Calif. - Thursday, December 20, 2012 - Based on its recent analysis of the advanced quantum dot ("QD") manufacturing market, Frost & Sullivan recognizes Quantum Materials Corporation ("QMC") with the 2012 North American Frost & Sullivan Award for Enabling Technology. QMC's technology, employing an innovative tetrapod quantum dot continuous-flow chemistry process addresses the major challenges—low  production and corresponding high manufacturing cost—that have held back the wide-spread adoption of QD technology by major industries.

QMC's process enables bulk manufacturing (95 percent to 97 percent full tetrapod yield) of highly efficient tetrapod-shaped QDs that have 4 arms on the QD core to enable better electrical conductivity compared to current QD technology. The structure and size of the resulting Tetrapod QDs are highly uniform, which enables the narrow bandwidth light extraction accuracy of QMC's quantum dots to be significantly higher than QDs manufactured through batch colloidal synthesis.

"Characteristics such as high quantum yield, smaller size and high band gap tunability make QDs an ideal platform technology for many emerging applications, such as solar energy, sensors, solid state lighting, quantum computers, and QD lasers," said Frost & Sullivan Research Analyst Shyam Krishnan. "However, manufacturing inefficiencies of complicated, expensive synthesis processes have limited their adoption."

QMC manufactures unique Tetrapod QDs using a technology licensed from William Marsh Rice University. QMC's QD synthesis process allows for mass-production in a very cost-efficient and "green" manner while competitors use industry-standard dual-injection colloidal synthesis, which is expensive, uses toxic chemicals and is generally not viable for commercializing large-scale applications.

In short, QMC's technology has eliminated most of the industrial challenges facing large-scale adoption of QD technology. Moreover, the company's unique synthesis eliminates conventionally used solvents, replacing them with cheaper and less toxic solvents that reduce the cost and improve the effectiveness of the process.

"A major advantage of QMC's Tetrapod QD manufacturing technique is its flexibility; it can fabricate Tetrapod QDs from 12 different elements, which allows for RoHS compliance," observed Krishnan. "The process also allows for the width and length of the Tetrapod QD's arms to be fine-tuned for any desired application. For example, short QD arms for biotech applications, and longer QD arms to improve electron transport in solar cells."

While Quantum Materials Corporation is mainly focusing on developing products through collaboration and joint venture it plans to make available research quantities to nanotech oriented universities at a substantially lower price and also focus on R&D units for electronic device manufacturers. With this approach, QMC will be able generate goodwill among market players. Hence, QMC's QD technology is poised for strong adoption in diverse fields, such as lighting, displays, solar energy, sensors, optoelectronics, and flexible electronics.

Based on these factors, Frost & Sullivan is pleased to present the 2012 North American Enabling Technology Award in Advanced Quantum Dot Manufacturing to Quantum Materials Corporation. Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products but also enables the development of newer products and applications. The award recognizes the high market acceptance potential of the recipient's technology.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Quantum Materials Corp.

QUANTUM MATERIALS CORPORATION (OTCQB: QTMM) has a steadfast vision that advanced technology is the solution to global issues related to cost, efficiency and increasing energy usage. Quantum dot semiconductors enable a new level of performance in a wide array of established consumer and industrial products, including low-cost flexible solar cells, low-power lighting and displays, and biomedical research applications. Quantum Materials Corporation intends to invigorate these markets through cost reduction and moving laboratory discovery to commercialization with volume manufacturing methods to establish a growing line of innovative, high-performance products  (http://www.quantummaterials.us/). QMC's wholly-owned subsidiary SOLTERRA RENEWABLE TECHNOLOGIES, INC. is singularly positioned to lead the development of truly sustainable and cost-effective solar technology by introducing a new dimension of cost reduction by replacing silicon wafer-based solar cells with high-production, low-cost, efficient Quantum Dot-based solar cells. Solterra is a wholly-owned subsidiary of QMC (http://www.solterrasolarcells.com/).

Contact: Art Lamstein, Quantum Materials Corp. Dir. of Marketing, artlamstein@qmcdots.com

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Mireya Espinoza
P: 210. 247.3870
F: 210.348.1003
E: mireya.espinoza@frost.com

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