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Quantum Dot LED Milestone Surpassed by Quantum Materials Corp Exceeding One year of Continuous on-time

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Next-Generation QLED's with high performance and reliability now possible

San Marcos, TX, Aug. 22, 2018 (GLOBE NEWSWIRE) -- Leading American Cadmium Free Quantum Dot manufacturer Quantum Materials Corp (OTCQB:QTMM) today announced successfully surpassing the one year anniversary and exceeding 7000 hour continuous on-time durability test for the Company's cadmium-free quantum dots in a remote light emitting diode (LED) application.

The successful implementation of quantum dots with LED's has been slow to progress primarily due to the challenge of achieving the requisite reliability and durability to survive the heat generation inside the LED package without suffering thermal quenching and rapid performance deterioration. The QD-LEDs were under continuous power at 2.5 Volts DC at 70mA and were measured initially, incrementally and at the 7000 hour mark with no measurable degradation of intensity, peak emission or FWHM, which is the measure for color purity.

"Passing the One year (7000 hour) mark for continuous on time is a major achievement in proving our quantum dots and our encapsulation technologies can enable QD-LED's and the wide range of potential QD-LED applications. Through this development effort we have also made significant discoveries that have improved performance of our electroluminescent quantum dot materials, paving the way for next generation display and lighting applications. Our team continues to demonstrate the extraordinary accelerated discovery that can be accomplished using our patented continuous flow process. This patented technologies in the hands of our brilliant scientist keep Quantum Materials on the forefront of nanomaterial implementation and discovery," said Quantum Materials Corp President and CEO Stephen Squires.

Semiconductor quantum dots have attracted tremendous attention for their unique characteristics for solid state lighting and displays. The pure and tunable spectra of QDs make it possible to simultaneously achieve excellent color rendering properties and high luminous efficiency when combining colloidal QD's with light emitting diodes (LED's) or Micro LEDs.

"Exceeding 7000 hours of continuous illumination with zero degradation is an extraordinary accomplishment that can move the reality of true QD-LED technology one step closer to reality.
It is even more so when you consider all our materials, regardless of whether they are prototype or production, are produced using our proprietary continuous flow production process enabling seamless scale-up to high volume production," said Toshi Ando, Quantum Materials Corp Senior Director of Business Development.

ABOUT QUANTUM MATERIALS CORP.

Quantum Materials Corp (QMC) develops and manufactures quantum dots and nanomaterials for use in display, solar energy and lighting applications through its proprietary high-volume continuous-flow production process. QMC's volume manufacturing methods enable consistent quality and scalable cost reductions to provide the foundation for technologically superior, energy efficient and environmentally sound displays, the next generation of solid-state lighting and solar photovoltaic power applications. Wholly-owned subsidiary Solterra Renewable Technologies develops sustainable quantum dot solar technology. For more information follow Quantum Materials Corp at www.QMCDOTS.com

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at http://www.sec.gov/ or from our website. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

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QUANTUM MATERIALS CORP CONTACTS:

Toshi Ando
Sr. Director of Business Development for Asia/Pacific
510.300.4021
toshi@qmcdots.com

MEDIA:

INVESTOR RELATIONS:

Clay Chase / SD Torrey Hills Capital
858.456.7300
cc@sdthc.com

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