Emcore comments on recent trading activity

"We normally do not directly respond to reports about our Company, including those from sources a great deal more reputable than a blog," stated Reuben Richards, EMCORE's Chief Executive Officer. "We feel, however, that this particular posting required a response because we believe that its conclusions are materially inaccurate and seriously misleading. EMCORE is known worldwide as a technology leader and innovator. We are well positioned in our core markets to continue substantial revenue growth and to improve profitability, and we stand by our products, our customers and our markets. Government securities regulators have been asked to investigate whether improper relationships exist between this blog and recent short selling of our stock."

About EMCORE

EMCORE Corporation is a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and terrestrial solar power markets. EMCORE's Fiber Optics segment offers optical components, subsystems and systems that enable the transmission of video, voice and data over high-capacity fiber optic cables for high-speed data and telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP) networks. EMCORE's Solar Power segment provides solar products for satellite and terrestrial applications. For satellite applications, EMCORE offers high- efficiency compound semiconductor-based gallium arsenide (GaAs) solar cells, covered interconnect cells and fully integrated solar panels. For terrestrial applications, EMCORE offers concentrating photovoltaic (CPV) systems for utility scale solar applications as well as offering its high-efficiency GaAs solar cells and CPV components for use in solar power concentrator systems. For specific information about our company, our products or the markets we serve, please visit our website at http://www.emcore.com.