Acquisition and New Round of Financing Puts WRS Materials on Path to Become Largest Secondary Wafer Supplier in U.S.

SAN JOSE, Calif., April 8 /PRNewswire/ -- WRS Materials President, Richard Mee, announces the acquisition of Isonics Semiconductor Group (Vancouver, WA). This acquisition makes WRS the only fully integrated secondary silicon materials manager in the U.S. Mr. Mee explains that the goal was only partly to gain economies of scale: "Our vision is to better serve the semiconductor and solar industries with the widest possible silicon inventory, to develop an expanded engineering and sales team, and to offer a better geographic distribution of operations for shipping speed--at the best pricing available."

The acquisition of Isonics was made possible by the completion of WRS's latest round of equity and debt financing, totaling $9.9 million, with Wanxiang America Corp. as the lead investor. Mr. Pin Ni, President of Wanxiang, underscores their confidence in WRS's business model and growth potential, stating, "The WRS investment is consistent with our goal of investing in clean-tech companies. This partnership will expand our global silicon distribution and strengthen our vertically integrated solar model." Mr. Mee confirms, "Wanxiang's commitment to WRS provides us with an important strategic partner and supplier, helps strengthen our global manufacturing footprint, enables us to maintain more high-quality product inventory and allows us to pursue further acquisitions in a highly fragmented market."

The primary product benefits Isonics brings to WRS's product array are the addition of 90 nanometer particle grade reclaimed wafers, as well as expanded production in higher-end 200mm-300mm diameter virgin test particle grade silicon wafers. This 90 NM product addition complements WRS's existing line of 50mm-300mm standard grade semiconductor silicon. The result will be the greatest specification range of test and reclaimed wafers available to customers from any single supplier in the U.S. Mr. Mee calls his model a "fully integrated secondary materials manager - cradle to grave."

About Wanxiang America Corp. -- Wanxiang America Corporation, based in Chicago, is the U.S. home office of Wanxiang Group Companies China. U.S. companies and customers can deal in U.S. dollar currency and U.S. contracts when working with China. Involved in automotive and industrial markets in the U.S., Wanxiang America is the source for all of Wanxiang Group/China's products in the United States. Also based here is the American arm of the America-China Bridge Program, a unique program to give American companies an inside track when trading with China.

About WRS Materials - WRS Materials, LLC, based in San Jose, CA was formed through an acquisition in January 2008. In August 2008 WRS acquired Montco Silicon Technologies, Spring City, PA. Prior to the Isonics acquisition, WRS and Montco provided a complete semiconductor silicon "standard" wafer source in the 50mm-300mm range. East and West Coast locations facilitate faster customer distribution, often with same day shipments for off-the-shelf orders. This time savings also allows extra production capacity for more custom projects. With over one million 50mm-300mm wafers in stock, WRS can meet most any customer silicon requirement, with the most silicon solutions, for the best price. A full line of in-house services includes: polishing, lapping and etching services, cleaning services, prime and test wafers, custom films, quartz wafers, stripping of oxides, SOI wafers, silicon ingots and reclaim services. Additional information may be obtained at the Company's web site at: http://www.wrsmaterials.com/

About Isonics Semiconductor Group -- Isonics Semiconductor Products (Vancouver, B.C.) was one of the three divisions of Isonics Corporation, Golden, CO. Isonics is a world leader in isotopically engineered materials through its semiconductor products division. It provides 300-millimeter particle grade products and services, wafer thinning and silicon-on-insulator wafers for the semiconductor industry.