Intermolecular in First Public-Private Effort to Accelerate Materials R&D

Intermolecular in First Public-Private Effort to Accelerate Materials R&D

Materials Genome Initiative (MGI) Catalyzes the First Public-Private Effort to
Harness the Dual Power of Combinatorial Experimentation and High-Throughput
Simulation to Accelerate Materials Research and Development

SAN JOSE, Calif., June 24, 2013 (GLOBE NEWSWIRE) -- Intermolecular, Inc.
(Nasdaq:IMI) announced today that it is working with the Materials Project at
Lawrence Berkeley National Lab/MIT to accelerate the transition of new
materials discoveries into practical applications. This is the first
public-private effort to accelerate materials research and development (R&D)
through the synergy of combinatorial experimentation and high-throughput
computer simulations. Using data from Intermolecular's High Productivity
Combinatorial (HPC™) experimentation platform, the Materials Project will
augment and improve its materials modeling capabilities.These enhanced models
will then be made available to the scientific community through the Materials
Project.

This new effort supports the Materials Genome Initiative (MGI, visit
http://www.whitehouse.gov/ostp), a White House-launched public-private
endeavor that aims to cut in half the time it takes to develop novel materials
that can fuel advanced manufacturing and bolster the 21st century American
economy.

Combinatorial approaches have been proven to accelerate R&D in the
pharmaceutical and biotech industries by running hundreds or thousands of
experiments at once in a high-throughput manner.Intermolecular leverages
these same approaches in its HPC platform to accelerate advanced materials and
electronic device development by 10-100x over conventional experimentation.
The open-source Materials Project provides massively parallel computed data,
analysis, and prediction capabilities.Independently, these techniques
represent powerful tools to accelerate materials development in support of the
MGI. Through this effort, real-world experimental data generated by
Intermolecular's HPC platform will be provided to the Materials Project to
enable the development of more predicative materials models.

"Access to high-quality experimental data is absolutely essential to benchmark
high-throughput computational predictions for any application," said Dr.
Kristin Persson, founder and Berkeley Labs team-lead for the Materials
Project."We begin every materials discovery project with a comparison to
existing data before we venture into the space of undiscovered compounds. This
is a first effort to integrate private sector experimental data into the
Materials Project, and could form the basis of a general methodology for
integrating experimental data inputs from a wide-range of scientific and
industrial sources."

An initial study will validate how high-throughput experimentation and
high-throughput simulation can be coordinated to yield new insights into a
target material system. The results will pave the way to a larger pilot study
over the coming year. Ultimately, this effort will result in better materials
simulation capabilities, which will be available to the scientific community
through the Materials Project. These enhanced simulation tools will lead to
more sophisticated and informed experimental designs and accelerated
transition of advanced materials discoveries across the "final mile" into
practical applications.

"Integrating high-productivity combinatorial experimentation and
high-throughput simulation in a hierarchical screening approach with feedback
and feed-forward loops enables a virtuous cycle of learning," said Dr. Tony
Chiang, chief technology officer of Intermolecular. "The Materials Project
hasprovided a valuable theoretical resource for our technologists as they use
our HPC R&D platform to accelerate the rate of learning insemiconductor and
clean energy industries. Enhancing the materials modeling capabilities will
benefit our customers along with the scientific community as a whole."

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 its proprietary High
Productivity Combinatorial (HPC™) platform, coupled with its
multi-disciplinary team. Through paid Collaborative Development Programs
(CDPs) with its customers, Intermolecular develops proprietary technology and
intellectual property for 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" is a trademark of
Intermolecular, Inc.; all rights reserved. Learn more at
www.intermolecular.com.

CONTACT: Media Relations:
         David Moreno
         MCA Public Relations, for Intermolecular
         Phone: 650-968-8900 x125
         dmoreno@mcapr.com
        
         Investor Relations:
         Gary Hsueh
         Intermolecular
         Phone: 408-582-5635
         gary.hsueh@intermolecular.com

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