Raja M. Parvez Joins AKHAN Semiconductor Board of Directors

CHICAGO--()--AKHAN Semiconductor, Inc., a technology company specializing in the fabrication and application of lab-grown, electronics-grade diamonds, announced today that Raja M. Parvez has joined the company’s Board of Directors as an Executive Technology Advisor. He will be working closely with the executive management team out of AKHAN’s global headquarters, located in Gurnee, Illinois. Raja joins AKHAN from his current roles as Managing Director and Venture Partner at Energy Foundry and KB Partners, where his focus is on new investment opportunities in semiconductor, advanced materials, optoelectronics, lithium-ion batteries and renewable energy industries.

Prior to this role, Raja has successfully led public and private corporations in the United States, Asia, Mexico and Israel. Most recently, Raja was CEO and President of Rubicon Technology, Inc. (NASDAQ: RBCN), a sapphire crystal growth manufacturer, where he led a successful hands-on turnaround from significant operating losses to sustained profitability and a successful IPO in 18 months. As President of Optigain, Inc., a manufacturer of fiber amplifiers for communications systems, he spearheaded operational and strategic initiatives leading to a five-fold increase in revenues. The company was acquired by Furukawa Electric (TYO 5801). As COO at CyOptics, Inc., a start-up located in Israel, established the infrastructure to manufacture robust optical chip components. He collaborated with others on successful rounds of venture financing and key strategic acquisitions. The company was acquired by Avago Technologies, Inc., (NASDAQ: AVGO). Raja spent sixteen years at Lucent Technologies - Bell Laboratories, most recently as Consulting Member and Distinguished Member of Technical Staff.

“Having demonstrated success with related and comparable materials and technology, Raja adds immense value to the AKHAN brand, as well as the future direction of the company, particularly as we begin to deploy our Miraj Diamond™ Glass products and accelerate development of our Miraj Diamond™ Electronics portfolio offerings,” said Adam Khan, Founder and Chief Executive Officer of AKHAN. “We look forward to him joining our team.”

Carl Shurboff, President and Chief Operating Officer of AKHAN continued “With over 30 years of experience in leading and cultivating new products, processes and customer relations as well as all facets of R&D, Engineering, and business operations, Raja’s illustrious career and extensive background knowledge will be an invaluable asset to our company moving forward.”

Raja earned his BS in Mechanical Engineering from the University of Peshawar and MSs in Management Science and Industrial Engineering, both from New York University. He was a Midwest Region Finalist for the Ernst and Young Entrepreneur of the Year Award and received the outstanding CEO of the Year Award from Cross Atlantic Capital Partners.

About AKHAN

AKHAN is a technology company specializing in the fabrication and application of electronics-grade diamonds as functional semiconductors. AKHAN is headquartered in Gurnee, Lake County, Illinois. Additional information about AKHAN is available on the Company's website at http://www.akhansemi.com/.

Contacts

AKHAN Semiconductor, Inc.
Christopher Fox
847.855.8400 x106
chris@akhansemi.com
www.akhansemi.com

Release Summary

Raja M. Parvez joins AKHAN Semiconductor Board of Directors as an Executive Technology Advisor. Parvez joins AKHAN from his current roles as Managing Dir. & Venture Partner at two Chicago area firms

Contacts

AKHAN Semiconductor, Inc.
Christopher Fox
847.855.8400 x106
chris@akhansemi.com
www.akhansemi.com