AXT, Inc. to Present at The Classic Financial Conference Presented by Tech-America and NASDAQ OMX

FREMONT, CA--(Marketwire - Nov 4, 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 41^st Annual The Classic Financial Conference, the premier technology matchmaking event in the U.S., at the Manchester Grand Hyatt in San Diego, California on November 7^th, 2011 at the following times:

The Classic serves as a financial catalyst for growth and innovation, enabling today's leading tech companies to tap into capital, bolster investor interest, and strengthen shareholder value by bringing together growing public technology companies and technology focused investors. For more information on The Classic: www.techamerica.org/classic

A webcast of the presentation will be available through the investor relations portion of the company's website at www.axt.com.

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 six joint ventures in China producing raw materials. For more information, see AXT's website at http://www.axt.com.