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GT Advanced Technologies Files Shelf Registration Statement



GT Advanced Technologies Files Shelf Registration Statement

NASHUA, N.H., June 7, 2013 (GLOBE NEWSWIRE) -- GT Advanced Technologies
(Nasdaq:GTAT) announced today that it has filed a universal shelf registration
statement on Form S-3 with the Securities and Exchange Commission. The shelf
registration statement (i) will register the resale of the 3,355,648 shares
recently issued in connection with GT's acquisition of substantially all of
the business of Thermal Technology LLC and (ii) is designed to provide GT with
flexibility to raise capital and take advantage of business opportunities if
and when such opportunities arise, subject to market conditions and GT's
capital requirements.

If and when the shelf registration statement is declared effective, it will,
in addition to allowing the security holders of Thermal Technology to sell the
GT shares they received in the acquisition, permit GT, from time to time, to
offer and sell up to $35.4 million (based on the closing price of GT's common
stock on June 6, 2013) of common stock, preferred stock, debt securities,
units comprised of any such securities, or any combination thereof in one or
more future public offerings. The actual amount and type of securities and the
terms of those securities will be determined at the time of sale, if such sale
occurs. At the present time, the Company has no specific use of proceeds or
plans to offer any of the securities covered by the registration statement.

A registration statement relating to the securities listed in the shelf
registration statement has been filed with the SEC, but has not yet become
effective. These securities may not be sold, nor may offers to buy be accepted
prior to the time the registration statement becomes effective. This press
release shall not constitute an offer to sell or the solicitation of an offer
to buy, nor shall there be any sale of these securities in any state in which
such offer, solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About GT Advanced Technologies Inc.

GT Advanced Technologies Inc. is a diversified technology company with
innovative crystal growth equipment and solutions for the global solar, LED
and electronics industries. Our products accelerate the adoption of new
advanced materials that improve performance and lower the cost of
manufacturing. For additional information about GT Advanced Technologies,
please visit www.gtat.com.

Forward-Looking Statements

Certain of the information in this press release relate to the Company's
future expectations, plans and prospects for its business and industry that
constitute "forward-looking statements" for the purposes of the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995, including
but not limited to: statements regarding the sale of securities under the
shelf registration statement (including that an offering will provide greater
flexibility to raise additional capital and take advantage of business
opportunities if and when such opportunities arise). These forward-looking
statements are not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside the Company's
control, which could cause actual events to differ materially from those
expressed or implied by the forward looking statements. Other factors that may
cause actual events to differ materially from those expressed or implied by
our forward-looking statements include the impact of continued decreased
demand and/or excess capacity in the markets for the output of our solar and
sapphire equipment, intensifying trade disputes in the solar and other
markets, general economic conditions and the tightening credit market having
an adverse impact on demand for the Company's products, the possibility that
changes in government incentives may reduce demand for solar products, which
would, in turn, reduce demand for our equipment, technological changes could
render existing products or technologies obsolete, the Company may be unable
to protect its intellectual property rights, competition from other
manufacturers may increase, exchange rate fluctuations and conditions in the
credit markets and economy may reduce demand for the Company's products and
various other risks as outlined in GT Advanced Technologies Inc.'s filings
with the Securities and Exchange Commission, including the statements under
the heading "Risk Factors" in the company's quarterly report on Form 10-Q for
the three month period ended March 30, 2013. Statements in this press release
should be evaluated in light of these important factors. The statements in
this press release represent GT Advanced Technologies Inc.'s expectations and
beliefs as of the date of this press release. GT Advanced Technologies Inc.
anticipates that subsequent events and developments may cause these
expectations and beliefs to change. GT Advanced Technologies Inc. is under no
obligation to, and expressly disclaims any such obligation to, update or alter
its forward-looking statements, whether as a result of new information, future
events, or otherwise.

CONTACT: Media
         Jeff Nestel-Patt
         jeff.nestelpatt@gtat.com
         603-204-2883

         Investors/Analysts
         Ryan Flaim
         ryan.flaim@gtat.com
         603-681-3869

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