BLUGLASS LIMITED — Capital/Financing Update 2015

Sep 22, 2015

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The Manager Market Announcements Platform ASX Limited

23 September 2015

BLUGLASS RECEIVES FOUNDRY ORDER

Australian Cleantech Innovator, BluGlass Limited (ASX:BLG) has today announced that one of its key specialised epitaxy (foundry) customers has committed to an order for ~$300,000 of foundry development to be delivered over the next six months.

This customer is developing a specialty LED application for which BluGlass will be supplying the green and blue LED wafers for their unique product.

BluGlass Managing Director Giles Bourne said today “This order from one single customer for epitaxial development is the largest foundry order that the Company has received to date. It forms part of our strategy of growing the custom epitaxy and revenue generating service part of our business over the coming months. We see this large repeat order as a testament to our team’s ability to deliver custom epitaxy at an industry competitive standard.”

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About BluGlass:

BluGlass Limited (winner of the 2013 Australian Technologies Competition) is an Australian green technology company formed to commercialise a breakthrough in the Semiconductor Industry.

BluGlass has invented a new process using Remote Plasma Chemical Vapour Deposition (RPCVD) to grow semiconductor materials such as gallium nitride (GaN) and indium gallium nitride (InGaN), crucial to the production of high efficiency devices such as next generation lighting technology Light Emitting Diodes (LEDs) with advanced performance and low cost potential.

The RPCVD technology, because of its low temperature and highly flexible nature, offers many potential benefits over existing technologies including higher efficiency, lower cost, substrate flexibility including GaN on silicon and greater scalability. Media Contact: Stefanie Winwood +61 2 9334 2300 swinwood@bluglass.com.au

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