01/14/2013 | Press release

Intermolecular Enhances Transformative IP Business Model to Accelerate Innovation at Leading Semiconductor and Clean Energy Companies

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Company's Diverse U.S. Patent Portfolio Expands to More Than 1,000

SAN JOSE, Calif., Jan. 14, 2013 (GLOBE NEWSWIRE) -- Intermolecular, Inc. (Nasdaq:IMI) today announced that its intellectual property (IP) portfolio that is accelerating innovation at leading semiconductor and clean energy companies now includes more than 1,000 U.S. patents and patent applications. The growing and actively licensed IP portfolio is part of Intermolecular's unique business model that accelerates broad-based technology innovation. The company stands out for the transformative manner in which it leverages IP to enhance the competitiveness and profitability of its customers, and was recently ranked among the top 10 industry leaders in patent power in semiconductor manufacturing.

"Intermolecular is rapidly expanding one of the technology industry's strongest IP portfolios and doing so entirely for the benefit of our collaborative development partner companies," stated David Lazovsky, founder, president and chief executive officer of Intermolecular. "We believe part of the solution to enabling greater innovation is to think differently about how to use IP in structuring mutually beneficial collaborations. In that spirit, Intermolecular has developed a business model that leverages our High Productivity Combinatorial (HPC™) innovation platform as an engine for the generation of intellectual property. Simply put, Intermolecular accelerates innovation by developing highly valuable, patent-protected technology that our customers use to make better products faster." Collaborative development programs and IP licensing agreements have been publicly disclosed to date with GLOBALFOUNDRIES, First Solar, SanDisk, Toshiba, ATMI, Elpida and Guardian Industries.

Intermolecular's core competency is accelerating research and development for the materials and device process technologies that increase the performance and reduce the cost of many of today's leading-edge electronics and clean energy products. The company leverages its proprietary HPC™ platform and its team of approximately 150 scientists and engineers to create new IP and manufacturing processes for leading technology companies. As part of its unique business model, IP is collaboratively developed with customers, and covers new materials, processes, and integrated device structures for semiconductor and clean energy industries. Manufacturers partnered with Intermolecular gain competitive advantage by accelerating time-to-market for advanced, high-value products.

The company's IP portfolio was ranked in the November 2012 issue of IEEE Spectrum magazine (http://spectrum.ieee.org/static/interactive-patent-power-2012#anchor_sm) as representing the seventh most powerful semiconductor manufacturing portfolio, joining industry leaders such as Samsung, SanDisk, Broadcom and Micron in the top 10. The scores were based on objective, quantitative benchmarking of the patent portfolios of more than 5,000 leading commercial enterprises, academic institutions, non-profit organizations and government agencies by 1790 Analytics.

Intermolecular's IP spans innovations in semiconductor technology, including advanced logic, DRAM and non-volatile memory (NVM), as well as in clean-energy fields such as photovoltaics (PV), light-emitting diodes (LED) and energy-efficient glass. The company now owns or has exclusive rights to this portfolio of more than 1,000 U.S. patents or patent applications, which covers both its HPC innovation platform and the inventions resulting from deploying the platform for the benefit of its customers. Intermolecular's HPC platform includes Tempus™ hardware, unique test-vehicle characterization methods, and Informatics analysis software.

About Intermolecular, Inc.

Intermolecular® has pioneered a proprietary approach to accelerate research and development, innovation, and time-to-market for the semiconductor and clean-energy industries. The approach consists of its proprietary High Productivity Combinatorial (HPCTM) platform, coupled with its multi-disciplinary team. Through paid Collaborative Development Programs (CDPs) with its customers, Intermolecular develops proprietary technology and intellectual property for its customers focused on advanced materials, processes, integration and device architectures. Founded in 2004, Intermolecular is based in San Jose, California. "Intermolecular" and the Intermolecular logo are registered trademarks; and "HPC" and "Tempus" are trademarks of Intermolecular, Inc.; all rights reserved. Learn more at www.intermolecular.com.

The Intermolecular, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11116

CONTACT: Press Contact

         Ed Korczynski, Intermolecular

         Marketing Communications Director

         edk@intermolecular.com

         +1.408.582.5629


         Investor Relations Contact

         Gary Hsueh, Intermolecular

         Sr. Director of Corporate Development and Investor Relations

         gary.hsueh@intermolecular.com

         +1.408.582.5635

Source: Intermolecular, Inc.

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