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Forward-Looking Statements
Certain of the information in this press release relates to the Company's future expectations, plans, products 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: Merlin metallization and interconnect technology
remains on track for initial shipments in 2014 and commercial release in early 2015; the Company is moving toward commercial
availability of its Merlin metallization and interconnect technology; going forward, the Company plans to continue reliability
testing these modules to failure to validate that the Merlin-based modules are substantially more robust by design than what is
required; the expected performance metrics, characteristics and the benefits of the Merlin metallization and interconnect
technology in commercial use; Merlin allows panel manufacturers to offer custom solar module form factors in addition to their
traditional offerings; the new Merlin offerings are expected play a role in improving costs across the solar value chain; customers
will continue to validate the Merlin technology; the Company is undertaking certain steps in order to ensure a smooth and
seamless integration of Merlin into customers' manufacturing lines when it is rolled out in 2015; the Company estimates that if
Merlin achieved a market penetration in the eight to twenty percent range by 2018 it could represent a $400 million to $1 billion
business; the company remains on track to commercially release Merlin in early 2015; and the Company will be able to complete
its remaining development milestones successfully launch its Merlin technology and do so within the time frame expected by the
Company. 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 statements. Factors that may cause actual events to differ materially from those expressed or
implied by our forward-looking statements include: the Company not being able to commercialize its technology under
development (including Merlin) (and commercialize within the anticipated timeframe); customers and other parties not satisfying
any conditions necessary to complete a contract; the Company's products not performing as expected; the Company's products
not having the expected impact on its industry; markets not meeting expected revenue growth; and the Company's ability to
complete development of and commercialize any new products. 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 the Company's equipment and technology (including solar equipment, products
and technology); general economic conditions and the tightening credit markets having an adverse impact on demand for the
Company's products; limited sales of PV and other equipment products; the possibility that changes in government incentives
may reduce demand for polysilicon and solar products, which would, in turn, reduce demand for the Company's equipment,
products and technology; technological changes could render existing or proposed 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
quarter ended March 29, 2014. 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.
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CONTACT: Media
GT Advanced Technologies
Jeff Nestel-Patt
jeff.nestelpatt@gtat.com
(603) 204-2883
Investors/Analysts
GT Advanced Technologies
Ryan Flaim
ryan.flaim@gtat.com
603-681-3869