Disrup(ve  single  crystal  filter  solu(ons  for  4G/LTE  

smartphones  and  beyond  

May  2015  Corporate  Overview  

2  

Cau$onary  Note  Regarding  Forward-­‐Looking  Statements      Statements  in  this  presenta(on  that  are  not  descrip(ons  of  historical  facts  are  forward-­‐looking  statements  that  are  based  on  management’s  current  expecta(ons  and  assump(ons  and  are  subject  to  risks  and  uncertain(es.  In  some  cases,  you  can  iden(fy  forward-­‐looking  statements  by  terminology  including  “an(cipates,”  “believes,”  “can,”  “con(nue,”  “could,”  “es(mates,”  “expects,”  “intends,”  “may,”  “plans,”  “poten(al,”  “predicts,”  “should,”  “will,”  “would”  or  the  nega(ve  of  these  terms  or  other  comparable  terminology.    Factors  that  could  cause  actual  results  to  differ  materially  from  those  currently  an(cipated  include,  without  limita(on,        •  risks  rela(ng  to  the  results  of  our  research  and  development  ac(vi(es,  including  uncertain(es  rela(ng  to  semiconductor  process  manufacturing;    •  the  early  stage  of  our  Bulk  ONE®  technology  presently  under  development;    •  our  need  for  substan(al  addi(onal  funds  in  order  to  con(nue  our  opera(ons  and  the  uncertainty  of  whether  we  will  be  able  to  obtain  the  funding  

we  need;    •  our  ability  to  retain  or  hire  key  scien(fic,  engineering  or  management  personnel;  our  ability  to  protect  our  intellectual  property  rights  that  are  

valuable  to  our  business,  including  patent  and  other  intellectual  property  rights;    •  our  dependence  on  third-­‐party  manufacturers,  suppliers,  research  organiza(ons,  tes(ng  laboratories  and  other  poten(al  collaborators;    •  our  ability  to  successfully  market  and  sell  our  technologies;    •  the  size  and  growth  of  the  poten(al  markets  for  any  of  our  technologies,  and  the  rate  and  degree  of  market  acceptance  of  any  of  our  technologies;    •  compe((on  in  our  industry;  and    •  regulatory  developments  in  the  U.S.  and  foreign  countries.        In  light  of  these  risks,  uncertain(es  and  assump(ons,  the  forward-­‐looking  statements  regarding  future  events  and  circumstances  discussed  in  this  report  may  not  occur,  and  actual  results  could  differ  materially  and  adversely  from  those  an(cipated  or  implied  in  the  forward-­‐looking  statements.    You  should  not  rely  upon  forward-­‐looking  statements  as  predic(ons  of  future  events.    The  forward-­‐looking  statements  included  in  this  presenta(on  speak  only  as  of  the  date  hereof,  and,  except  as  required  by  law,  we  undertake  no  obliga(on  to  update  publicly  or  privately  any  forward-­‐looking  statements  for  any  reason  a\er  the  date  of  this  presenta(on  to  conform  these  statements  to  actual  results  or  to  changes  in  our  expecta(ons.        THESE  MATERIALS  DO  NOT  CONSTITUTE  AN  OFFER  TO  SELL,  OR  THE  SOLICITATION  OF  ANY  OFFER  TO  BUY,  ANY  SECURITIES  OF  AKOUSTIS,  INC.,  OR  OF  ANY  OTHER  ENTITY  WHATSOEVER.    ANY  SUCH  OFFER  MAY  ONLY  BE  MADE  BY  A  DEFINITIVE  SUBSCRIPTION  AGREEMENT  ISSUED  BY  THE  COMPANY.    ANY  REPRESENTATION  TO  THE  CONTRARY  BY  ANY  PARTY  SHOULD  BE  IGNORED.        “Akous's®,”  the  Akous's  logo  and  “Bulk  ONE®”  are  trademarks  of  Akous's,  Inc.  

Corporate  Mission  

Akous(s’  mission  is  to  revolu(onize  the  RF  filter  market  for        4G/LTE  Mobile  Wireless  smartphones  by  manufacturing  acous(c  wave  filters  using  its  patent-­‐pending  single  crystal  piezoelectric  

materials  and  acous(c  resonator  Bulk  ONE™  technology.  

3  

Focus  on  Improving  Filters  for  RF  Front-­‐End  

4  

Digital   RF   Y  

Signal  Rou(ng  

Amps   Filters   Switches  

Frontend  Backend  

Mobile  Wireless  Smartphone  

RF  front-­‐end  

Premium  filters    needed    for  

4G/LTE  

Current  filters    waste  

up  to  50%    of  Amp  Power  

5  

End  user  benefits:  Lower-­‐loss  RF  acous(c  wave  filters  reduce  heat,  enable  longer  baeery  life  in  4G/LTE  mobile  devices  

q  Single  crystal  piezoelectric  materials  offer  a  30%  advantage  

q  Akous(s’  Bulk  ONE™  acous(c  wave  filter  technology  expected  to  enable  up  to  40%  in  RF  power  savings  Ø  Each  10%  in  efficiency  adds  4%  to  baeery  life  Ø  Reduces  (ssue  hea(ng      

q  50%  of  power  generated  in  RF  front-­‐end  is  wasted  as  heat  due  to  inefficient  RF  filters    Ø  Shortens  baeery  life  Ø  Human  (ssue  hea(ng  in  proximity  of  phone  

q  Conven(onal  RF  acous(c  wave  filters  use  “dirty”,  lossy  thin-­‐film  materials    

 

Problem   Solu(on  

Future  stand  alone  ‘wearable’  mobile  devices  require  more  efficient  acous(c  RF  filters  

FUTU

RE  

Bulk  ONE™  

6  

Trends:  Smartphone  sales  and  traffic  growing,  Filter  content  exploding  in  support  4G/LTE  frequency  alloca(on  

0"

10"

20"

30"

40"

50"

2005" 2010" 2013" 2015"

RF"Complexity"Rapidly"Growing"

Filte

r  req

uiremen

ts  

Year  

40B+  unit/yr.  Acous(c  Wave  RF  Filter  Market  

by  2018  

source: Ericsson

2   6  

20  

43  

q  Smartphones  everywhere  for  talk/data/apps  q  RF  filter  content  exploding  due  to  4G/LTE  q  Smartphone  unit  sales:  1.2/yr.  growing  to  1.9B/yr.  by  2018  

(Source:  CCS  Insight  2014)  

TODA

Y  

Opportunity:  Increased  need  of  RF  filtering  in  Mobile  Wireless  devices  to  support  4G/LTE  

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20+  acous(c  wave  RF  filters  in  today’s  LTE  RF  Front  End    

• Exploding  RF  filter  content:  20+  acous(c  wave  filters  and  growing  

• Current  RF  filters  offer  frequency  selec(vity  with  severe  penalty  (50%  loss)  

• Excessive  power  loss  driving  PA  requirements,  size  and  cost  of  Frontend  

• Acous(c  wave  filter  is  now  the  performance  differen(ator  in  the  Front-­‐end  

RF  Filter  market  for  Mobile  Wireless  is  prime  for  disrup$on  

with  lower  loss  filter  

Growing  IP  Porpolio:  7  US  Patent  Applica(ons  Filed  

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Addi(onal  technology  licensing  ac(vity  

underway   Mobile  Devices  

High  Selec(vity  Filter  

Package  Technology  

Acous(c  Devices  &  Mfg.  

Piezo  Materials  

Plaporm  Substrate  

Akous(s  Management  and  Principals    

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Jeff  Shealy  –  CEO  ü  MBA  (Wake  Forest  University),  PhD  ECE  (UCSB)  ü  +20  Yrs.  Exp.  in  RF/Wireless;  RFMD  Execu(ve  for  13  Yrs.,  Hughes  ü  2  Prior  High-­‐tech  ventures,  RF  Nitro  (RFMD  acq.  for  $30M,  2001),  Avogy  ü  Exper(se:  Public  company,  P&L,  GaN  tech  commercializa(on  

Mark  Boomgarden  –  Corp.  VP  &  VP  of  Opera$ons  ü  BSEE  (UNCC)  ü  +20  Yrs.  Exp.  Hi  Tech  Opera(ons;  Tessera  SVP/GM    ü  Silicon  start-­‐up,  DigitalOp(cs    ü  Exper(se:  Silicon  Foundry  Ops,  Packaging,  Licensing  

Richard  Ogawa  –  Special  Legal  Advisor  ü  BSCE  –  UCD    ü  Juris  Doctorate  –  Univ.  of  the  Pacific  ü  +20  Yrs.  Exp.,  Ogawa  P.C.,  Inphi  GC  ü  Exper(se:  Silicon  valley  patent  aeorney  

• Akous(s:  20  seasoned  professionals  

• Partners:  Two  university    

 

Dave  Aichele  –  Corp.  VP  &  VP  of  Business  Development  ü  BSEE  (Ohio  University),  MBA  (Leeds  -­‐  University  of  Colorado)  ü  +20  Yrs.  Exp.  Hi  Tech  Biz  Dev/Sales;  T1V  EVP,  RFMD  Director  ü  Fortune  500  to  start-­‐up,  +10  yrs  mobile  wireless  market  experience  ü  Exper(se:  New  tech  business  development,  Contract  Nego(a(ons  Shawn  Gibb  –  Chief  Materials  Scien$st  ü  BS  Chem  (NYU),  BE  ChE  /  ME  Materials  (Stevens  Inst.  Of  Technology)  ü  +18  Yrs.  Exp.  In  RF/Wireless/Optoelectronics,  Crystal  IS  VP  Engineering  ü  1  Prior  High-­‐tech  venture,  Crystal  IS  (Ashai  Kasei  Aquired  $40M,  2012)  ü  Exper(se:  III-­‐N  material  growth  (bulk  &  thin  film),  III-­‐N  technology    

Prof.  Denbaars  

Prof.  Shealy  

Manufacturing  partner  signed;  Tech  transfer  underway    

• Joint  development  and  wafer  supply  agreements  signed  with  strategic  foundry  partner  

• Produc(on  facility  supports  6”  Bulk  One™  wafer  manufacturing  

• Opportunity  with  Partner  to  expand  manufacturing  opera(ons  in  Asia  

• Current  milestone  schedule:    

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Ø Milestone  1:  Manufacturing  Partner  Gap  Analysis,  Complete    

Ø Milestone  2:  Process  Transfer  to  Foundry  Partner,  June  2016    

Ø Milestone  3:  Complete  Filter  Process  Capability,  September  2016      

Ø Milestone  4:  Produc(on-­‐Ready  Filter  Design,  End  2016  

Awarded  NSF  R&D  funding  for  single  crystal  resonator  BAW  filters  

Akous(s  awarded  Federal  (NSF)  and  State  of  N.C.  (NCBST&I)  R&D  grants  for  commercializa(on  Expect  addi(onal  $1.3M  in  follow-­‐on  (non  dilu(ve)  R&D  support  from  NSF  beginning  in  2016  

!

Early  technology  demonstrators:  

6”  piezoelectric  material  and  processed  wafers:  

11  

Analy(cal  Model  Guided  Design: