Kyma Selected by North Carolina Green Fund for Energy Efficient Manufacturing Facility

Kyma Technologies, Inc., a leading supplier of ultra-high purity crystalline gallium nitride (GaN) and aluminum nitride (AlN) materials and related products and services, announced today that Kyma has won an NC Green Business Fund grant to develop a more energy efficient manufacturing facility.

The NC Green Business Fund which is managed by the North Carolina Department of Commerce.  Triangle-based companies and organizations have been awarded more than $2.8 million in grants from the North Carolina Green Business Fund, state Commerce Secretary Keith Crisco announced Wednesday.  Statewide, a total of 16 organizations received grants which totaled to $4.6 million; the grants are being funded through the American Recovery and Reinvestment Act.

Under this award, Kyma will receive over $400,000 to install several elements of an ultra-high energy efficiency manufacturing infrastructure.  This includes installation of a geothermal heating, ventilation, and air conditioning (HVAC system); installing better insulation; implementation of high efficiency light emitting diode (LED) based solid state lighting; implementation of smart utility control sensors; and creation of an energy usage monitoring and optimization center.

“While we have always prided ourselves with our relatively low carbon footprint, especially compared to that of many of our competitors, NC Green’s support is going to enable us to improve our plant efficiency by a very significant amount,” said Dr. Heather Splawn, Kyma vice president of operations.

Kyma’s products are designed to enable their customers to make energy efficient nitride semiconductor devices such as light emitting diodes (LEDs) and power switching electronics.

Dr. Keith Evans, Kyma’s president and CEO, added, “We are pleased to receive the support of the NC Department of Commerce’s NC Green fund.  This helps us become even greener in the manufacturing of our products, which is almost poetic, because our products in turn are used by our customers to make their products greener too."

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 $65B over the long term, including over $32B in visible lighting applications and over $33B in power electronics applications.

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.