Cymbet Shipping EnerChips from New High Volume Manufacturing Facility

NEWS, October 25, 2012.

Second source for rechargeable solid state batteries for global customers

Elk River, Minn. October 24, 2012 – Cymbet Corporation today announced that it is now shipping EnerChip™ Smart Solid State Batteries from their second high volume fabrication facility built in partnership with X-FAB Texas Inc. Shipping EnerChips from this production facility significantly increases Cymbet’s manufacturing capacity to supply the growing global demand for Cymbet’s solid state batteries.

Cymbet Partners with X-FAB for High Volume Production
The new Cymbet facility implements a “fab in a foundry concept” where the EnerChip manufacturing tools are integrated within X-FAB’s Lubbock, Texas facility. “We are excited to announce these commercial volume shipments,” said Morgan Thoma, Cymbet VP Manufacturing and Operations. “Bringing up a second manufacturing site is always a challenge, even when using the proven commercial EnerChip production process implemented in our Minnesota fab. Working closely with the experienced X-FAB team was a key factor to this success.”

Lloyd Whetzel, President and CEO of X-FAB Texas Inc., added, “We are extraordinarily pleased that Cymbet is now shipping commercially available EnerChip batteries from our Lubbock facility. This is another proof point that X-FAB is successfully extending our manufacturing capabilities into new cutting-edge technologies.”

Additional Space is Planned for EnerChip Production
This second EnerChip commercial production facility significantly increases Cymbet’s manufacturing capacity.  In anticipation of identified high volume customer requirements, additional floor space has been set aside for future expansion of the EnerChip production lines. With recent capital investments in Cymbet’s Elk River, MN facility and this Lubbock production facility, Cymbet is now the only solid state battery manufacturer in the world to have two geographically diverse manufacturing facilities. This dual source manufacturing capability insures continuous product availability for Cymbet’s customers worldwide.

About Cymbet
Cymbet Corporation—a clean technology company—is the leader in solid-state energy storage solutions for microelectronic systems. The company is the first to market eco-friendly rechargeable solid-state batteries that provide electronic systems designers with new embedded power capabilities. The company's EnerChip™ devices enable new concepts in energy storage application for ICs and new products for medical, sensor, RFID, industrial control, communications and portable electronic devices. Visit Cymbet online at www.cymbet.com.

About X-FAB
X-FAB is the leading analog/mixed-signal foundry group manufacturing silicon wafers for analog-digital integrated circuits (mixed-signal ICs). X-FAB maintains wafer production facilities in Erfurt and Dresden (Germany); Lubbock, Texas (U.S.); and Kuching, Sarawak (Malaysia); and employs approximately 2,400 people worldwide. Wafers are manufactured based on advanced modular CMOS and BiCMOS processes, as well as MEMS processes, with technologies ranging from 1.0 to 0.13 micrometers, for applications primarily in the automotive, communications, consumer and industrial sectors. For more information, please visit www.xfab.com.