Group IV Semiconductor Secures New Funding to Accelerate Development of Energy-Efficient Solid State Lighting

Garage Canada leads; strategic investment by Applied Ventures; additional funding by Khosla Ventures, BDC Venture Capital

OTTAWA, August 1, 2007 - Group IV Semiconductor, Inc., a developer of energy-efficient, solid-state lighting technology, today announced that it received a substantial new round of investment led by Garage Technology Ventures Canada with Applied Ventures, LLC, a subsidiary of Applied Materials Inc., and with existing investors including Khosla Ventures and BDC Venture Capital. These investments will further expand Group IV's aggressive program to use its revolutionary silicon-based nanofilm technology to dramatically reduce the cost of solid-state lighting and enable its widespread global adoption.

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