Emcore Adds CFO

ALBUQUERQUE, N.M. -- EMCORE Corporation (NASDAQ:EMKR) , a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets, today announced that the Board of Directors of EMCORE Corporation ("EMCORE" or the "Company") appointed John M. Markovich, as Chief Financial Officer, effective August 18, 2008.

Reporting to the CEO, Mr. Markovich will be responsible for the Company's finance, accounting, financial planning, treasury, tax, and investor relations functions. Bringing over 20 years of financial leadership to EMCORE, John has a strong background in operational finance, manufacturing, and debt & equity financing transactions. Prior to joining EMCORE, Mr. Markovich was EVP & CFO of Energy Innovations, Inc., a venture capital-backed solar energy company. Previously, Mr. Markovich has held leadership positions with several leading technology and financial services companies including Optical Coating Laboratories Inc., Western Digital Corporation, Pictos Technologies, Tickets.com, and Citicorp.

Adam Gushard, the Company's Interim Chief Financial Officer, will remain with EMCORE as Vice President, Finance, reporting to Mr. Markovich.

"We are very excited about the addition of John Markovich to EMCORE's management team. John, an industry veteran, brings broad operational and strategic experience to the organization and will play a critical role in leading the Company through the execution of our business plan going forward," said Dr. Hong Q. Hou, CEO of EMCORE Corporation.

Emcore Corp. (Nasdaq: EMKR)