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AXT, Inc. to Present at the Needham & Company 9th Annual Growth Conference

FREMONT, Calif., Jan. 2 /PRNewswire-FirstCall/ -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Phil C.S. Yin, chief executive officer and Wilson W. Cheung, chief financial officer, will present at the Needham & Company 9th Annual Growth Conference at the New York Palace Hotel in New York on Wednesday, January 10th, 2007 at 9:00 am EST.

A link to the live webcast will be available on the Investor Relations section of the company's website at www.axt.com prior to the presentation. A replay of the webcast will be available shortly following the live presentation.

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). The company's substrate products are used primarily in lighting display applications, wireless communications, and fiber optic communications. 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, particularly in optoelectronics applications. 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 . The company can also be reached at 4281 Technology Drive, Fremont, California 94538 or by calling (510) 683-5900. AXT is traded on the NASDAQ Global Market under the symbol AXTI.

SOURCE AXT, Inc.
01/02/2007
CONTACT: Wilson W. Cheung, Chief Financial Officer of AXT, Inc.,
+1-510-683-5900, or Leslie Green of Green Communications Consulting, LLC,
+1-650-312-9060, for AXT, Inc.
Web site: http://www.axt.com
(AXTI)

CO: AXT, Inc.
ST: California, New York
IN: CPR SEM ECP
SU: CCA TDS

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0553 01/02/2007 09:00 EST http://www.prnewswire.com