Kyma Technologies, Inc., a leading supplier of ultra-high purity crystalline gallium nitride (GaN) and aluminum nitride (AlN) materials and related products and services, is pleased to announce that their President and CEO, Dr. Keith Evans, was named by the Triangle Business Leader Magazine as a 2011 Triangle Top 50 Entrepreneur.

Evans joined Kyma in January 2005 as their 3^rd CEO after the company closed on a small C-round investment.  Since then, without any additional equity financing, he led the company through a series of events, including the development of several key strategic partnerships, restructuring of their senior debt, reinvention of their management team, multiple acquisitions, and major diversification of their product line.  Kyma transitioned to profitability in 2007 and has remained profitable ever since, with excellent prospects going forward.

“It is an honor to be chosen for this award which wouldn’t be possible without the great team we have at Kyma and the incredibly business-supportive community The Triangle is famous for,” said Evans.  “The Kyma team is thankful for the support of many individuals and organizations which are active in The Triangle, including the Council for Entrepreneurial Development (CED), the NC Board of Science and Technology and their NC Green Business Fund, the NC Department of Commerce, the US Department of Agriculture (USDA), and both US Representative David Price and US Senator Kay Hagan.”

The Triangle’s Top 50 Entrepreneurs awards are sponsored by Business Leader Media, which publishes the well-known Triangle Business Leader Magazine. Business Leader Media limited the award criteria to include only leaders who have made a significant impact on the Triangle business community.  The winners will be honored at a ceremony on March 3, 2011 in Raleigh and will be featured in the March 2011 issue of Business Leader Magazine.

This is the third regional award that Kyma has received in less than a year.  Last summer, Kyma was named by CED as a North Carolina Company to Watch.  Last fall, Kyma’s CTO Dr. Edward Preble was named by Business Leader Media as a Triangle Mover and Shaker.

About Kyma Technologies

Kyma is a leading supplier of crystalline gallium nitride (GaN) and aluminum nitride (AlN) materials for a broad range of high performance nitride semiconductor device applications.

The market for nitride semiconductor devices is expected to surpass $30B over the next decade.  The market for nitride based LEDs grew at almost a 100% year-over-year rate in 2010 to nearly $12B.

For more information about Kyma Technologies, visit www.kymatech.com, e-mail info@kymatech.com, or call the company directly at 919.789.8880.

Kyma is a registered trademark of Kyma Technologies, Inc.