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AXT, Inc. Announces Financial Conference Participation for the First Quarter of 2011

FREMONT, CA, Feb 22, 2011 (MARKETWIRE via COMTEX) -- AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will present at several conferences in the first quarter of 2011.

On Thursday, Feb. 24 at 1:00 p.m. PT, Dr. Morris Young, chief executive officer, will present at the JP Morgan LED General Illumination Symposium 2011 in Santa Clara, Calif. A webcast of this event will be available on the investor relations section of the company's website at www.axt.com.

On Thursday, March 3, 2011, Dr. Young and Raymond Low, vice president and chief financial officer, will present at the Northland Capital Markets Growth Conference in New York.

On Tuesday, March 8, 2011, Dr. Young and Mr. Low will present at the Kaufman Bros. Third Annual Green Technology Conference in Boston, Mass. The company's presentation will take place at 4:00 p.m. ET. A webcast of this event will be available on the investor relations section of the company's website at www.axt.com.

About AXT, Inc.
AXT designs, develops, manufactures and distributes high-performance compound and single element semiconductor substrates comprising gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) through its manufacturing facilities in Beijing, China. In addition, AXT maintains its sales, administration and customer service functions at its headquarters in Fremont, California. The company's substrate products are used primarily in lighting display applications, wireless communications, fiber optic communications and solar cell. Its vertical gradient freeze (VGF) technique for manufacturing semiconductor substrates provides significant benefits over other methods and enabled AXT to become a leading manufacturer of such substrates. AXT has manufacturing facilities in China and invests in five joint ventures producing raw materials. For more information, see AXT's website at http://www.axt.com.

Contacts:
Raymond A. Low
Chief Financial Officer
(510) 683-5900

Leslie Green
Green Communications Consulting, LLC
(650) 312-9060


SOURCE: AXT, Inc.