POET Technologies Inc.

in response to Rainer's message

Hi Rainer.

You ask a good question.

Indeed MS12 is now due by end of Q4. That could mean anytime in Q4.

But it has been made quite clear that PTI has been working on numerous "Internal Metrics" at the request of potential customers.

Test devices have been made previously, and we can assume with confidence, will continue to be made without the full blown PET PDK that is being established in collaboration with Synopsys. The PDK is the formal, comprehensive PDK which enables Synopsys to engage the OEM / Semiconductor world in a proven, understood, accepted and seemless process manner.

So my understanding of this is that there are many initiatives being worked on in parallel.

I think we stand a good chance of seeing more material news in Q4.

Bottom line, we will see soon enough. The next 3-6 months will pass by very quickly, especially if we don't have our eyes glued to the daily SP movements.

All the best,

ST

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