Company Name MEARS Technologies
Mailing Address 189 Wells Ave 3rd Floor Newton, MA 02459 USA
Company Description MEARS Technologies is dedicated to delivering a stream of innovative solutions to the global semiconductor industry. We focus on enabling the continued improvement of silicon semiconductor performance at ever finer geometries and increased chip densities.
Proceeds Purposes MTI intends to use the proceeds of the Notes to accelerate the development and commercialization of its Mears Silicon Technology™ (‘MST’). MST allows complementary metal-oxide-semiconductor (‘CMOS’) transistors to be made smaller, faster, more reliably and with better energy efficiency. MST improves the most widely used CMOS types (N-type and P-type) on a lowcost, industrial scale using epitaxial machines already employed in semiconductor manufacturing. MTI will also use the proceeds of the Notes to strengthen its strategic intellectual property portfolio further.