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SEMATECH Executive Joins Intermolecular to Head Semiconductor Group

Intermolecular, Inc. Logo

SAN JOSE, Calif., April 1, 2013 (GLOBE NEWSWIRE) -- Intermolecular, Inc. (Nasdaq:IMI)—accelerating research and development (R&D) for semiconductor and clean energy industries—today announced that Dr. Raj Jammy has joined the company as senior vice president and general manager of the semiconductor group. Dr. Jammy will be responsible for Intermolecular's semiconductor business and will play a central role in further developing Intermolecular's products and capabilities for the semiconductor industry.

"We are extremely pleased to welcome Raj to Intermolecular," said Dave Lazovsky, president and CEO of Intermolecular. "Raj's deep industry experience, proven technology development track record and wealth of relationships with our key customers make him an ideal candidate to lead our semiconductor business to an entirely new level in the coming years."

Dr. Jammy commented, "I am very excited to be joining such an innovative and high-growth company. Materials innovation in the semiconductor industry is an absolute prerequisite to achieving further cost reductions and performance improvements. Over the past 20 years, I have experienced firsthand the daunting challenge of trying to introduce new materials and processes into complex semiconductor devices. Intermolecular, with its proprietary High Productivity Combinatorial (HPC™) development platform, top notch interdisciplinary technical team and a unique "win-win" business model, is extremely well positioned to play a critical role in shaping the future of the semiconductor industry."

Prior to joining Intermolecular, Dr. Jammy was vice president of materials and emerging technologies at SEMATECH. In that capacity he was responsible for leading the consortium's efforts in front-end CMOS logic, novel memory technologies, 3D TSV interconnects and emerging beyond-CMOS technologies with disruptive scaling potential. Dr. Jammy had previously served three years as director of SEMATECH's Front End Processes division.

Dr. Jammy began his career in the industry at IBM's Semiconductor Research and Development Center in East Fishkill, N.Y., where he worked on front-end technologies for deep-trench DRAMs. He subsequently became manager of the Thermal Processes and Surface Preparation group in the DRAM development organization. In 2002, Dr. Jammy moved to the T. J. Watson Research Center in Yorktown Heights, N.Y., to manage IBM's efforts in high-k gate dielectrics and metal gates. In 2005 he joined SEMATECH as Director of the Front End Processes division and an IBM assignee.

Dr. Jammy received a doctorate in electrical engineering from Northwestern University. He holds more than 50 patents and is an author/co-author of over 225 publications/presentations. He serves on a variety of conference and industry committees, including the IEEE VLSI Technology Symposium as technical program co-chair, the ITRS Front End International Technology Working Group, the IEEE VLSI TSA Conference as US Chair, and other industry and academic bodies.

Intermolecular's mission is to drive its customers' success by transforming R&D and accelerating innovation in markets that derive competitive advantage from the interaction of materials science, processes, integration and device architecture.

About Intermolecular, Inc.

Intermolecular® has pioneered a proprietary approach to accelerate research and development, innovation, and time-to-market for the semiconductor and clean-energy industries. The approach consists of our proprietary High Productivity Combinatorial (HPCTM) platform, coupled with its multi-disciplinary team. Through paid collaborative development programs (CDPs) with its customers, Intermolecular develops proprietary technology and intellectual property for its customers focused on advanced materials, processes, integration and device architectures. Founded in 2004, Intermolecular is based in San Jose, California. "Intermolecular" and the Intermolecular logo are registered trademarks; and "HPC" and "Tempus" are trademarks of Intermolecular, Inc.; all rights reserved. Learn more at www.intermolecular.com.

CONTACT: Press Contact David Moreno MCA Public Relations dmoreno@mcapr.com +1.650.968.8900 x125 Investor Relations Contact Gary Hsueh, Intermolecular Sr. Director of Corporate Development and Investor Relations gary.hsueh@intermolecular.com +1.408.582.5635

Source:Intermolecular, Inc.