POET Technologies Inc.

POET TECHNOLOGIES (OTCMKTS:POETF)announced that company learned with sadness of the death of its recent board member. The Company only newly declared his resignation from the Board of Directors for personal health reasons.The Board of Directors wishes to extend its deepest condolences to Dr. Chowaniec’s wife, Claudia, and their family. “Adam had a monumental career in the semiconductor industry, and he was very generous with his time and sage advice during the transformation of the Company and the development of the POET technology,” said Peter Copetti, Co-Chairman and Interim CEO.

POET TECHNOLOGIES (OTCMKTS:POETF)plummeted-0.02%, to close at $1.20. During last trade, the company’s minimum price was $1.18, while it touched its highest price of $1.30. Its market capitalization was $214.96M. Its beta value stands at 2.00 times. The stock has the total of 176.20M outstanding shares.

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