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IQE Announces Its New Corporate Identity to Unify Its Global Epiwafer Services In Support of Its Expanding Customer Base

Epitaxial Products International Limited (EPI) and Quantum Epitaxial Designs, Inc. (QED) merged in May 1999 to create IQE plc, the world s leading "pure play" merchant epiwafer supplier. IQE is committed to further improving upon the outstanding customer service and high-quality epiwafer products that each customer has come to expect from EPI and QED, as a benefit of this consolidation of MOVPE and MBE epiwafer manufacturing into one Company.

With effect from July 1 2000, Epitaxial Products International Limited (EPI) will change its name to IQE (Europe) Ltd. and Quantum Epitaxial Designs, Inc. (QED) will change its name to IQE Inc. The impact of this change is that sales and marketing activities and business transactions conducted in Europe and the Far East will now be handled by IQE (Europe) Ltd., while sales and marketing activities in North America will be handled by IQE Inc.

"I want to thank our customers for their dedication and loyalty", states Mike Scott - IQE plc, Director of Sales & Marketing. "IQE looks forward to further enhancing our business relationship with each customer as we confirm the growing importance of the epi-foundry business in fueling the communications revolution."

IQE plc was formed in May 1999 through the merger of Epitaxial Products International (EPI), Cardiff Wales and Quantum Epitaxial Designs (QED), Bethlehem Pennsylvania to create the world s leading "Pure Play" merchant supplier for electronic and optoelectronic epiwafers.

IQE (Europe) Ltd., Cardiff Wales is the world leading merchant supplier of custom III-V epiwafer structures covering optoelectronic and electronic applications. Major product lines include epiwafers for telecommunication lasers, LEDs, and detectors, AlGaAs lasers for CD-ROM and high power applications, visible lasers for DVD, laser pointers, barcode scanners, and laser printers. IQE (Europe) Ltd. is the premiere worldwide merchant epiwafer supplier for Vertical Cavity Surface Emitting Lasers (VCSEL), at infrared and visible wavelengths, for short-haul fibre links, CD-ROM and other key applications.

IQE Inc., Bethlehem Pennsylvania is the world leading merchant supplier of Molecular Beam Epitaxy (MBE) epitaxial wafers (3", 4" and 6") consisting of GaAs, AlGaAs and InGaAs, on GaAs and InP substrates, for MESFET, HEMT, PHEMT, HBT, laser, and Quantum Well Infrared Photodetectors (QWIP). QED epiwafers are utilized in wireless and satellite communication, wireless cable, Direct Broadcast Satellite (DBS) television, radar, automotive, and infrared sensor applications.

Additional information is available at the IQE website - www.iqep.com

For additional information, please contact:

Dr. Michael D. Scott Director of Sales & Marketing, IQE plc Telephone: +44 (0) 2920 839400 Fax: +44 (0) 2920 839401 E-mail: mscott@iqep.com

James McKeown Director of Marketing, IQE Inc. Telephone: +1 (610) 861-6930 Fax: +1 (610) 861-5273 E-mail: jmckeown@iqep.com

 

Dr. Michael D. Scott
Director of Sales & Marketing, IQE plc
Telephone: +44 (0) 2920 839400
Fax: +44 (0) 2920 839401
E-mail: mscott@iqep.com
James McKeown
Director of Marketing, IQE Inc.
Telephone: +1 (610) 861-6930
Fax: +1 (610) 861-5273
E-mail: jmckeown@iqep.com
 
E-mail: jmckeown@iqep.com
Web site: http://www.iqep.com
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