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Innovative Micro Technology and China R&D Center for Internet of Things Agree to Collaborate to Expand MEMS Ecosystem in China
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Santa Barbara, CA – September 9, 2014 – Innovative Micro Technology, Inc. (IMT), the largest pure-play Micro-Electro-Mechanical systems (MEMS) foundry in the US, today announced that it has signed a Memorandum of Understanding with the China R&D Center for Internet of Things based in Wuxi, China (CIT-China). The two organizations agree to develop a long term strategic partnership which will enable CIT-CHINA related MEMS companies to design and develop advanced MEMS devices, develop commercial capabilities, and carry out volume production using IMT’s production expertise and capacity.

“The China MEMS market is very large and still growing at a fast rate. It is critical for IMT to establish a strong partner to help facilitate the connection between IMT MEMS capabilities and Chinese customers,” said Craig Ensley, president and CEO of IMT. “CIT-China has a strong presence in the China MEMS market and is a key contributor to the growth now and in the future. We are pleased to have partnered with such a strong team and expect to see an immediate impact in terms of reaching new customers in China.”

"Under the 12th China national economic plan, CIT-China has devoted tremendous effort to build and promote whole IoT industrial ecosystem in China, which included setting up a common platform for MEMS development in Wuxi. With the contribution of IMT's global leading MEMS open foundry service as a strategic partner of CIT-China, we can greatly enhance commercialization of local MEMS designs, that will be especially helpful and beneficial to local fabless MEMS companies," said Prof. Dapeng Chen, Deputy Director of CIT-China.

Market analysts predict that China will be the fastest growing MEMS in the next five years. For this reason, IMT has identified the China market as strategic for the long term growth of the company. In recent years, IMT has had several new customers emerge that are China based so IMT is not brand new to the China market. However, the collaboration with CIT-China will provide an added presence and local domain expertise that IMT needs to establish a recognized presence in the region.

“The China MEMS market is currently moving so quickly and customers want to quickly take advantage of the opportunity. With over fourteen years of experience in MEMS design and manufacturing, IMT has the ability to quickly move Chinese customers from concept to mass production,” Said Dr. Joseph Luo, IMT China Country Manager. Interested parties can contact the IMT sales team by visiting info@imtmems.com.

About Innovative Micro Technology, Inc.

Innovative Micro Technology, Inc. is the largest pure-play MEMS foundry in the US. With a 30,000-square-foot class 100 clean room in Santa Barbara, Calif., IMT is easily accessible to Silicon Valley, the heart of MEMS innovation. IMT scientists and engineers are technology experts in silicon optical benches, magnetics, micro-mirrors, microfluidics, sensors, wafer-level packaging, and through silicon vias. For more than fourteen years, IMT has been working closely to develop and mass produce breakthrough MEMS products for Fortune 500 companies and startups in the optical communications, biotechnology, infrared, RF, and navigation industries. IMT is well positioned to support the exponential growth of MEMS as they become ubiquitous throughout electronics.

About China R&D Center for Internet of Things

Chinese Premier Jiabao Wen’s call for “Sensing China” 2009 led to China R&D Center for Internet of Things (CIT-China), a joint effort among Chinese Academy of Science (CAS), the People’s Government of Jiangsu Province, and Wuxi Municipal People’s Government. CIT-China offers technology platforms to the public, including MEMS technology platform, the design and test verification platform of system and chips (EDA), the software development and evaluation platform of IOT, application system verification and evaluation platform of IOT, intellectual property rights of public technology platform, System in Package(SIP) public technology platform, and intellectual property of IOT platform. CIT-China’s objective is to promote Chinese economic transformation and strategic emerging industry development through innovation.

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IMT contact: Theodore Chi Director of Marketing and Sales, IMT (805) 681-2852(805) 681-2852, ted@imtmems.com