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Updated: July 8th, 2008 05:26 PM CDT

EMCORE Corporation Completes Sale of Electronic Materials Division to IQE, plc

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Disclaimer

The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934 relating to future events thatinvolve risks and uncertainties. Words such as "expects," "anticipates,""intends," "plans," "believes," and "estimates," and variations of these wordsand similar expressions, identify these forward-looking statements. Actualoperating results may differ materially from such forward-looking statementsand are subject to certain risks, including risks arising from: difficulties arising from the separation of the EMD operations from our ongoing operations; expected reductions in overall revenues as a result of the EMD sale; expenses and charges related to closing the remaining operations in New Jersey andreducing corporate overhead; and other factors described in EMCORE's filingswith the Securities and Exchange Commission. The forward-looking statementscontained in this news release are made as of the date hereof and EMCORE doesnot assume any obligation to update the reasons why actual results could differ materially from those projected in the forward-looking statements.

SOURCE EMCORE Corporation


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