Investment Highlights the Role of Materials Innovation in Thin Film

            Photovoltaic Market Estimated to Reach $6.7B by 2015



    BRANCHBURG, N.J., July 29 /EMWNews/ -- Voltaix, a leading provider

of materials that enhance the performance of semiconductor chips and solar

cells, announced today that it has received $12.5 million in financing from

Intel Capital, the global investment arm of Intel Corporation. The

investment will accelerate the company's manufacturing capacity expansion.



    Voltaix manufactures electronic chemicals and gases used in 'front-end'

semiconductor manufacturing processes at leading integrated circuit fabs

worldwide. The company is also a market leader in the supply of CVD

precursors for production of advanced photovoltaic cells.



    "We have provided critical materials for semiconductor and thin film

solar applications for more than twenty-five years," said Dr. John P. de

Neufville, president of Voltaix and an early contributor to amorphous

materials research. "We believe that thin film solar cell production,

particularly products that can support Building Integrated Photovoltaics

(BIPV), is poised for significant expansion. This financing will help

enable us to construct a state-of-the-art manufacturing facility to meet

growing demand for thin film energy technologies."



    "Materials innovation is critical to enabling new capabilities in

semiconductor device manufacturing," said Arvind Sodhani, president of

Intel Capital and Intel executive vice president. "Our financing of Voltaix

is part of Intel Capital's manufacturing strategy to foster innovation

around integrated circuit manufacturing and complementary cleantech areas

such as thin film photovoltaics."



    According to Deutsche Bank estimates, production of thin film

photovoltaics (using amorphous silicon, CdTe and CIGS technologies) will

increase more than four-fold between 2007 and 2010. Yole Development

estimates that the market segment for thin film photovoltaics will reach

$6.7 billion by 2015.

    About Voltaix



    Voltaix is a leading provider of semiconductor materials used in the

production of semiconductor and advanced photovoltaic cells. The company

sells its products through the major international gas distributors and is

recognized worldwide for excellence in the synthesis and production of high

purity gases and chemicals that enhance the performance of electronic,

photonic and solar devices. The company, the former ChemOvonic Division of

Energy Conversion Devices, Inc. was spun off as an independent business in

1986. In 1998 the company acquired Florida Scientific Laboratories, Inc.

Today, Voltaix operates facilities in Branchburg, NJ and High Springs, FL.

Further information about Voltaix is available at http://www.voltaix.com.



    About Intel Capital



    Intel Capital, Intel's global investment organization, makes equity

investments in innovative technology start-ups and companies worldwide.

Intel Capital invests in a broad range of companies offering hardware,

software, and services targeting enterprise, home, mobility, health,

consumer internet, semiconductor manufacturing and cleantech. Since 1991,

Intel Capital has invested more than US$7.5 billion in approximately 1,000

companies in 45 countries. In that timeframe, 168 portfolio companies have

gone public on various exchanges around the world and 212 were acquired or

participated in a merger. In 2007, Intel Capital invested about US$639

million in 166 deals with approximately 37 percent of funds invested

outside the United States. For more information on Intel Capital and its

differentiated advantages, visit http://www.intelcapital.com.