AXT, Inc. to Present at the Jefferies Global Technology, Internet, Media & Telecom Conference

FREMONT, CA--(Marketwire - May 10, 2011) - AXT, Inc. (NASDAQ: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that Morris S. Young, chief executive officer, and Raymond A. Low, chief financial officer, will present at the Jefferies Global Technology, Internet, Media & Telecom Conference at the Four Seasons Hotel in New York City, NY, on Wednesday, May 11^th, 2011.

About AXT, Inc.
AXT designs, develops, manufactures and distributes high-performance compound and single element semiconductor substrates comprising gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) through its manufacturing facilities in Beijing, China. In addition, AXT maintains its sales, administration and customer service functions at its headquarters in Fremont, California. The company's substrate products are used primarily in lighting display applications, wireless communications, fiber optic communications and solar cell. Its vertical gradient freeze (VGF) technique for manufacturing semiconductor substrates provides significant benefits over other methods and enabled AXT to become a leading manufacturer of such substrates. AXT has manufacturing facilities in China and invests in five joint ventures in China producing raw materials. For more information, see AXT's website at http://www.axt.com.