OPL Poet Technologies, Inc.

OPEL Technologies Inc. (TSX VENTURE:OPL)(OTCQX:OPELF) ("OPEL" or "the Company")
today announced that it has achieved Milestone 4, the next key milestone in its
Planar Optoelectronic Technology ("POET"), achieving radio frequency and
microwave operation of both n-channel and p-channel transistors. 


With this achievement, POET extends the capability of its unique monolithic
platform to cover integration of a complete range of wavelength-division
multiplexed (WDM) capable optoelectronic devices and functions. This is in
addition to complementary electronics based on n-channel and p-channel
transistors as either field effect transistors (FETs) or bipolar devices. 


Specifically for this milestone, 3-inch POET wafers fabricated at BAE Systems
(Nashua, NH) yielded submicron n-channel and micron-sized p-channel transistors
operating at frequencies of 42 GHz and 3 GHz respectively. These operating
frequencies are expected to be improved even further in the short term to up to
300-350 GHz range for the n-channel device. 


Peter Copetti, Executive Director of OPEL, noted: "Following the success of our
Vertical Cavity Surface Emitting Laser milestone achieved recently, this result
further verifies POET's electronic and optical monolithic compatibility, a key
advantage of POET as a silicon CMOS replacement. Our on-chip optical generation
and detection capability is unique in the semiconductor industry."


Progress on Dr. Taylor's work at the OPEL lab had been delayed by damage
sustained to key equipment during a multi-day power outage caused by Tropical
Storm Sandy in late October 2012. However, the rebuild is expected to be
completed next week, and the company expects the affected equipment will be
recalibrated and operational again by the end of March 2013.  


Copetti added, "Given the caliber of the POET team, we are confident that the
lost time will be made up so that it will not have a material impact on the
milestone target dates." 


At the successful conclusion of the recent private placement fundraising,
approximately $1.3M in new capital equipment was ordered to upgrade the R&D
facility capabilities. The Company has completed all necessary site
infrastructure upgrades and is awaiting the arrival of the new equipment. The
Company expects the new equipment will be installed, calibrated, and
commissioned by the end of June, 2013. 


By enabling increased speed, density, reliability, power efficiency, and much
lower bill-of-materials and assembly costs, POET provides a new technology
direction and opportunity for the semiconductor industry. POET will allow
continued advances of semiconductor device performance and capabilities for many
years, overcoming the current power and speed bottlenecks of silicon-based
circuits, and will change the future development roadmaps of a broad range of
semiconductor applications including mobile devices, computer servers, storage
arrays, imaging equipment, networking equipment, transportation systems, and
test and measurement instruments.


About OPEL Technologies Inc.

With head office in Toronto, Ontario, Canada, and operations in Storrs, CT, the
Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices
for military, industrial and commercial applications, including infrared sensor
arrays and ultra-low-power random access memory; and through OPEL Solar, Inc.,
provided systems for energy applications. The Company has 34 patents issued and
7 patents pending, primarily for its semiconductor POET process, which enables
the monolithic fabrication of integrated circuits containing both electronic and
optical elements, with potential high-speed and power-efficient applications in
devices such as servers, tablet computers and smartphones. OPEL's common shares
trade on the TSX Venture Exchange under the symbol "OPL". For more information
please visit our websites at www.opeltechinc.com and for ODIS at
www.odisinc.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

This news release contains "forward-looking information" (within the meaning of
applicable Canadian securities laws) and "forward-looking statements" (within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such
statements or information are identified with words such as "anticipate",
"believe", "expect", "plan", "intend", "potential", "estimate", "propose",
"project", "outlook", "foresee" or similar words suggesting future outcomes or
statements regarding an outlook. Such statements include, among others, the
following expectations:




--  These operating frequencies are expected to be improved even further in
    the short term to up to 300-350 GHz range for the n-channel device. 
--  POET will allow continued advances of semiconductor device performance
    and capabilities for many years, overcoming the current power and speed
    bottlenecks of silicon-based circuits, and will change the future
    development roadmaps of a broad range of semiconductor applications. 
--  The rebuild (of the damaged equipment) is expected to be completed next
    week, and the company expects the affected equipment will be
    recalibrated and operational again by the end of March, 2013. 
--  The Company expects the new equipment (which was ordered to upgrade the
    R&D facility capabilities) will be installed, calibrated, and
    commissioned by the end of June, 2013. 



Such forward-looking information or statements are based on a number of risks,
uncertainties and assumptions which may cause actual results or other
expectations to differ materially from those anticipated and which may prove to
be incorrect. 


Although OPEL believes that the expectations reflected in the forward-looking
information or statements are reasonable, prospective investors in OPEL's
securities should not place undue reliance on forward-looking statements because
OPEL can provide no assurance that such expectations will prove to be correct.
Forward-looking information and statements contained in this news release are as
of the date of this news release and OPEL assumes no obligation to update or
revise this forward-looking information and statements except as required by
law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
OPEL Technologies Inc.
Patricia Venneri Agudow
Vice President, Public Relations
+1 (203) 612-2366 Ext. 2612
p.agudow@opelinc.com

Poet Technologies, Inc. (TSXV:OPL)
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Poet Technologies, Inc. (TSXV:OPL)
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