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AXT, Inc. to Sponsor CS-MANTECH Conference

FREMONT, Calif., Feb 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will be a sponsor of the upcoming 2006 International Conference on Compound Semiconductor Manufacturing Technology (CS-MANTECH), at the Fairmont Hotel in Vancouver, British Columbia from April 24th to April 27th, 2006. The company will also exhibit at the conference in booth number 34 and will host a hospitality suite by invitation only for its customers on the evening of April 25, 2006.

CS-MANTECH is the industry's premier technical conference covering the breadth of compound semiconductor design and manufacturing issues. The conference includes a complete industry exhibition and numerous networking sessions.

"As a pioneer in the commercialization of vertical gradient freeze (VGF) technology, AXT is very proud to be a sponsor of this important industry event," said Phil Yin, chief executive officer. "We look forward to using this opportunity to celebrate our 20th anniversary and to express our appreciation to our valued customers by hosting a special evening event in their honor."

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 National Market under the symbol AXTI.

About CS-MANTECH

CS-MANTECH, formerly GaAs MANTECH, is a not-for-profit organization whose focus is to provide a forum for members of the compound semiconductor community to exchange and discuss new ideas to better serve the public in general. Specifically, the organization's goals include the following services to the community:

-- Industry (producers and users): To facilitate technical cooperation within the compound semiconductor industry through discussions on compound semiconductor manufacturing technology problems, to help advance manufacturing capabilities, and to establish and maintain credible high professional standards for the industry.

-- Suppliers (materials and equipment): To provide a forum for compound semiconductor suppliers to showcase products to the user community and to advance public relations with compound semiconductor manufacturers in general.

-- Academia (educators and students): To aid in the scientific education of interested college or university students; to aid in encouraging active participation by educational institutions' faculty and students; and to aid students in pursuing solutions to problems of compound semiconductor manufacturing.

Additional information on the CS-MANTECH conference is available by calling 540-563-8448 or by visiting the organization's website at http://www.mantech.org/ .

SOURCE AXT, Inc.

John J. Cerilli, Vice President, Global Sales and Marketing of AXT, Inc., +1-510-683-5900; or Leslie Green of Stapleton Communications, +1-650-470-0200, for AXT, Inc.

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