SEMATECH Executive Joins Intermolecular to Head Semiconductor Group

SEMATECH Executive Joins Intermolecular to Head Semiconductor Group

Dr. Raj Jammy Assumes Key Leadership Role at IMI

SAN JOSE, Calif., April 1, 2013 (GLOBE NEWSWIRE) -- Intermolecular, Inc.
(Nasdaq:IMI)—accelerating research and development (R&D) for semiconductor and
clean energy industries—today announced that Dr. Raj Jammy has joined the
company as senior vice president and general manager of the semiconductor
group. Dr. Jammy will be responsible for Intermolecular's semiconductor
business and will play a central role in further developing Intermolecular's
products and capabilities for the semiconductor industry.

"We are extremely pleased to welcome Raj to Intermolecular," said Dave
Lazovsky, president and CEO of Intermolecular. "Raj's deep industry
experience, proven technology development track record and wealth of
relationships with our key customers make him an ideal candidate to lead our
semiconductor business to an entirely new level in the coming years."

Dr. Jammy commented, "I am very excited to be joining such an innovative and
high-growth company.Materials innovation in the semiconductor industry is an
absolute prerequisite to achieving further cost reductions and performance
improvements.Over the past 20 years, I have experienced firsthand the
daunting challenge of trying to introduce new materials and processes into
complex semiconductor devices.Intermolecular, with its proprietary High
Productivity Combinatorial (HPC™) development platform, top notch
interdisciplinary technical team and a unique "win-win" business model, is
extremely well positioned to play a critical role in shaping the future of the
semiconductor industry."

Prior to joining Intermolecular, Dr. Jammy was vice president of materials and
emerging technologies at SEMATECH.In that capacity he was responsible for
leading the consortium's efforts in front-end CMOS logic, novel memory
technologies, 3D TSV interconnects and emerging beyond-CMOS technologies with
disruptive scaling potential. Dr. Jammy had previously served three years as
director of SEMATECH's Front End Processes division.

Dr. Jammy began his career in the industry at IBM's Semiconductor Research and
Development Center in East Fishkill, N.Y., where he worked on front-end
technologies for deep-trench DRAMs. He subsequently became manager of the
Thermal Processes and Surface Preparation group in the DRAM development
organization. In 2002, Dr. Jammy moved to the T. J. Watson Research Center in
Yorktown Heights, N.Y., to manage IBM's efforts in high-k gate dielectrics and
metal gates. In 2005 he joined SEMATECH as Director of the Front End
Processes division and an IBM assignee.

Dr. Jammy received a doctorate in electrical engineering from Northwestern
University. He holds more than 50 patents and is an author/co-author of over
225 publications/presentations. He serves on a variety of conference and
industry committees, including the IEEE VLSI Technology Symposium as technical
program co-chair, the ITRS Front End International Technology Working Group,
the IEEE VLSI TSA Conference as US Chair, and other industry and academic
bodies.

Intermolecular'smission is to drive its customers' success by transforming
R&D and accelerating innovation in markets that derive competitive advantage
from the interaction of materials science, processes, integration and device
architecture.

About Intermolecular, Inc.

Intermolecular^® has pioneered a proprietary approach to accelerate research
and development, innovation, and time-to-market for the semiconductor and
clean-energy industries. The approach consists of our proprietary High
Productivity Combinatorial (HPC^TM) platform, coupled with its
multi-disciplinary team. Through paid collaborative development programs
(CDPs) with its customers, Intermolecular develops proprietary technology and
intellectual propertyfor its customers focused on advanced materials,
processes, integration and device architectures. Founded in 2004,
Intermolecular is based in San Jose, California. "Intermolecular" and the
Intermolecular logo are registered trademarks; and "HPC" and "Tempus" are
trademarks of Intermolecular, Inc.; all rights reserved. Learn more at
www.intermolecular.com.

CONTACT: Press Contact
         David Moreno
         MCA Public Relations
         dmoreno@mcapr.com
         +1.650.968.8900 x125
        
         Investor Relations Contact
         Gary Hsueh, Intermolecular
         Sr. Director of Corporate Development and Investor Relations
         gary.hsueh@intermolecular.com
         +1.408.582.5635

Intermolecular, Inc. Logo