Shocking Technologies Raises $15.2 Million in Strategic Investment to Support Global Demand for Unique ESD Solution

SAN JOSE, CA, Aug 31 (MARKET WIRE) --
Shocking Technologies, Inc., the developer of a breakthrough patented
polymer nano-composite for protecting electronic products from
electrostatic discharge (ESD), today announced it has raised $15.2
million in a strategic investment round. The backers include Littelfuse,
Inc. (NASDAQ: LFUS), Arch Ventures, ATA Ventures, Balch Hill Capital,
Skylake Incuvest, Vista Ventures and a number of private investors.
Shocking Tech will use the additional capital to build capacity and
infrastructure to meet global demand for its innovative Voltage
Switchable Dielectric(TM) (VSD) solution.

Shocking Tech has recently certified several leading printed-circuit
board suppliers on its VSD solution, implemented through its XStatic(TM)
material, which is embedded in PCBs to protect the system from harmful
ESD events. It also has expanded its production facility in San Jose to
prepare for more widespread adoption of the product. By using the
XStatic(TM) material, product developers can reduce component count and
free up space for other functionality while simplifying design, improving
ESD protection, and slashing development time.

"As our solution matures and we prepare for greater market adoption, we
are pleased to have a strategic investor such as Littelfuse behind us to
provide valuable input on how we bring our technology to customers. Their
backing will provide us with additional strength and momentum in
penetrating high growth consumer markets and applications," said Lex
Kosowsky, President and CEO of Shocking Technologies.

About XStatic(TM)

Shocking Technologies' XStatic(TM) material is a polymer nano-composite
that functions substantially as an insulator (dielectric) during normal
circuit operation and becomes substantially conductive when the voltage
increases beyond a predefined threshold. The XStatic(TM) material reverts
back to behaving substantially as an insulator after the voltage drops
back below the threshold to normal operating levels. The net result is
that when the XStatic(TM) material is incorporated in a PCB or package
substrate, damaging ESD voltages and currents can be routed to ground or
to other predetermined locations so that elements, circuits, components
and devices can be effectively protected against ESD events.

About Shocking Technologies

Founded in 2006, Shocking Technologies offers an innovative solution to
protecting electronic products in the handheld, cell phone, LCD display,
memory and other markets from the harmful effects of electrostatic
discharge (ESD). Its patented Voltage Switchable Dielectric(TM) (VSD)
polymer nano-composite material, XStatic(TM), is easily applied to PCB
and package substrates, and coupled with Shocking's advanced design and
simulation technologies provides the industry's only embedded solution
capable of up to 100% protection against ESD. The ease of implementation
and comprehensive coverage of the XStatic(TM) solution also lowers
development time and costs and reduces product design size by eliminating
less effective components traditionally used to protect devices against
ESD effects. The company has over 150 patents and applications worldwide
and has licensed numerous additional licensed patents and applications.
Shocking Technologies is a privately held company with investments from
ARCH Venture Partners, ATA Ventures, Skylake Incuvest, Vista Ventures,
Balch Hill Capital, and a limited number of private investors. For more
information, go to www.shockingtechnologies.com

Voltage Switchable Dielectric and XStatic are trademarks of Shocking
Technologies, Inc. All other trademarks referred to are property of their
respective owners.

For more information, contact:

Preeti Pande, PhD
408-578-5175 ext. 118
ppande@shockingtech.com

Mike Sottak
408-876-4418
mike@wiredislandpr.com

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