Sherman McCorkle joins EMCORE's board of directors

ALBUQUERQUE, USA: EMCORE Corp., a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics and solar power markets, today announced that Sherman McCorkle was elected to join its Board of Directors as a Class B independent director.

Sherman McCorkle is a native New Mexican and has been deeply involved in the New Mexico business community for most of his career. He is President and Chief Executive Officer of Technology Ventures Corp., (TVC), an Albuquerque-based organization that assists start up companies in developing and commercializing technologies from research universities and the national laboratories.

Prior to joining TVC as President & CEO in 1993, McCorkle served as CEO & President of Sunwest Credit Services Corp. commencing in 1988. In 1977, he co-founded and was Charter Director of Plus Systems Incorporated, the original platform that enabled national and international electronic banking and ATM systems. In addition, he is a co-founder and Charter Director of New Mexico Bank and Trust and First Community Bank.

"As Chairman of Sandia Science and Technology Park, Sherman was instrumental in persuading EMCORE to locate and expand its operations in Albuquerque, and has been a great advocate of EMCORE in reaching out to the local community, state government, and congressional offices," stated Reuben F. Richards, EMCORE's Chairman of the Board. "We are excited about the addition of Sherman to our Board, and look forward to working with him as we enter the new decade."

"It is a great honor to serve on EMCORE's board," commented McCorkle. "I am very proud of EMCORE's accomplishment over the last decade in Albuquerque. They took drawing board concepts from Sandia National Labs and successfully commercialized them to emerge as the largest high-efficiency solar cell provider in the world. EMCORE has served as an excellent example of what is possible by commercializing local technologies. I look forward to being a part of this very exciting company."

McCorkle was elected to fill a Board vacancy and began service as a director immediately upon his election. As a Class B director, he will stand for re-election at the Company's 2010 annual meeting of shareholders.