Press release

AKHAN Semiconductor Appoints H. Delano Roosevelt to Board of Directors; Robert Mohr Named CFO

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AKHAN
Semiconductor
, a technology company specializing in the fabrication
and application of lab-grown, electronic-grade diamonds, announced today
that it has appointed H. Delano Roosevelt to its Board of Directors.
Roosevelt, the grandson of United States President Franklin Delano
Roosevelt, joins AKHAN from his current role as Director, New Business
Development at Reza Investment Company, which focuses on assisting
organizations and private investors in structuring cross-border
transactions, technology transfers and direct investments globally with
a focus on the Middle East.

“Delano is a world-renowned dignitary who has committed his adult life
to promoting prosperous business relationships between the United States
and Middle East, which makes him a welcome addition to the board,” said
Adam Khan, Founder and Chief Executive Officer at AKHAN. “His influence
will be crucial to AKHAN as it continues to seek new technological
applications for its Miraj Diamond Glass® technology.”

In addition to his role with Reza, Roosevelt, who resides in Bahrain
with his family, is involved in a number of initiatives that promote
business relationships between the U.S. and the Middle East, including
roles as: Chairman Emeritus, Middle East Council of American Chambers of
Commerce (MECACC), Board Member, Executive Board, American Mission
Hospital Bahrain and Executive Board, and American Business Group
Eastern Province.

Roosevelt attended the International School in Geneva Switzerland,
Brentwood Military Academy California, Pacific Palisades High School and
Woodbury University.

AKHAN Appoints CFO

Robert Mohr, CPA CGMA CITP, will also join AKHAN in the role of Chief
Financial Officer. Mohr joins AKHAN from his current role of Consultant
at CFO Express International, which provides business coaching to assist
in optimizing financial accounting practices and policies to maximize
cash flow.

“Robert is a creative executive whose depth of experience in finance,
accounting, operations and information technology will be valued as
AKHAN continues to grow and develop new technologies,” said Carl
Shurboff, President and Chief Operating Officer of AKHAN. “Robert will
be charged with operationalizing the Company’s finances, and we’re
excited to have him on board.”

Mohr is a graduate of Illinois State University, where he earned a
bachelor’s degree in Financial Accounting and a master’s degree in
Management Accounting.

About AKHAN

AKHAN is a technology company specializing in the fabrication and
application of electronics-grade diamonds as functional semiconductors.
AKHAN is headquartered in Gurnee, Lake County, Illinois. Additional
information about AKHAN is available on the Company’s website at http://www.akhansemi.com/.