OPEL Technologies Inc. Announces New Laser by ODIS Subsidiary as Key Achievement in POET Monolithic Optoelectronic Platform

TORONTO, ONTARIO and STORRS, CONNECTICUT–(Marketwire – Dec 4, 2012) – OPEL Technologies Inc. (TSX VENTURE:OPL)(OPELF) (“OPEL” or “the Company”) today announced that its U.S. affiliate, ODIS Inc. has successfully produced an integrated laser device, thereby achieving a key milestone in its Planar Optoelectronic Technology (“POET”) process, that enables high-performance devices fusing optical and electronic devices together on a single chip.

By allowing the production of components with increased speed, density, reliability, and lower costs, POET offers the semiconductor industry the ability to push Moore”s Law to the next cadence level, overcoming current silicon-based bottlenecks, and potentially changing the roadmap for a broad range of applications, such as smartphones, tablet and wearable computers.

After years of increasingly successful development, the fabrication of the first Vertical Cavity Laser (VCL) utilizing ODIS”s patented POET GaAs III-V technology is a significant success. Incremental progress over the years has led to what many consider to be the next phase of semiconductor development which is to surpass the capabilities of complementary metal oxide semiconductor (CMOS) technology for the next generation of high speed low power applications. It is now widely believed that CMOS technology advances have reached a saturation point.

The new laser serves as the basis for chip-to-chip interconnection, and complements numerous other optoelectronic devices already demonstrated by ODIS – including heterostructure field effect transistors (HFETs), optical thyristors, pulsed lasers, and super-radiant light emitting devices – all able to be monolithically fabricated via the POET process.

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