RFMW Ltd., and Akoustis Technologies, Inc. Announce Distribution Agreement

Charlotte, N.C., Aug. 01, 2016 (GLOBE NEWSWIRE) -- RFMW Ltd. and Akoustis Technologies, Inc. of Huntersville, North Carolina, have announced a distribution agreement effective July 1, 2016. Akoustis Technologies, Inc. (OTCQB:AKTS) ("Akoustis"), is a manufacturer of innovative BulkONE™ bulk acoustic wave (BAW) high band RF filters for mobile wireless and general purpose RF catalog components. RFMW Ltd. is a specialized distributor providing customers and suppliers with focused distribution of RF and microwave components as well as specialized component-engineering support.

Under the agreement, RFMW is franchised worldwide for Akoustis’ complete product offering. Initially, RFMW will focus on promoting the DC-14GHz gain blocks targeted to applications such as test & measurement, aerospace & defense, wireless infrastructure, satellite communications, point-to-point radio and multiple uses in ISM. In addition, RFMW will work closely with Akoustis to promote their unique single-crystal BAW filters targeting 4G/LTE mobile wireless, WiFi, wireless infrastructure and aerospace & defense as it matures to production release, targeting the first half of 2017.

Dave Aichele, Vice President of Business Development at Akoustis, stated, “RFMW’s component engineering, product management and sales capabilities will position Akoustis to engage early in the customer’s design process. They have the resources, experience, and extensive market knowledge in RF filters and amplifiers to expand our business over the full range of their customer base.”

According to Steve Takaki, Executive Vice President of RFMW Ltd., “Teaming with Akoustis allows us to offer customers some unique and highly versatile RF semiconductor technologies. Akoustis’ gain blocks have excellent gain flatness and an exceptional combination of both gain and output power offered in both DIE and packaged devices. We are very excited to be on the leading edge of introducing their innovative single crystal BAW technology to a broader customer base. Akoustis’ RF products/technology match perfectly with RFMW’s focus on serving customers, in diverse markets, who require a wide range of RF/microwave components.”

Akoustis Technologies, Inc.

Akoustis™ (http://www.akoustis.com) is a high-tech RF filter solutions company that manufactures its unique, patent-pending BulkONE™ technology to produce single-crystal bulk acoustic wave (BAW) filters for the mobile-wireless industry, which facilitate signal acquisition and accelerate band performance between the antenna and the back end of mobile devices. Akoustis’ “fabless” business model is capital efficient, leveraging existing manufacturing infrastructure in the semiconductor industry. Akoustis™ is located in the Piedmont technology corridor between Charlotte and Raleigh, North Carolina.

About RFMW

RFMW Ltd. is a specialty electronics distribution company focused exclusively on serving customers that require RF and microwave components and semiconductors, as well as component engineering support. The company continues to expand its list of products from selective suppliers with RF/microwave expertise. RFMW deploys a highly experienced, technically skilled team to assist customers with component selection and fulfillment.

To learn more about RFMW, visit their Website at www.rfmw.com, or call us at 1.877.FOR.RFMW (367-7369), or via e-mail at info@rfmw.com.

For more information concerning this press release contact: Dave Aichele Akoustis, Inc. VP of Business Development Main: 704-997-5735, ext. 106 Email: daichele@akoustis.com http://www.akoustis.com John Hamilton VP Marketing RFMW, Ltd. +1 408-414-1450 Toll Free - 877 FOR RFMW (367 7369) info@rfmw.com http://www.RFMW.com

Source:Akoustis, Inc.