QED TECHNOLOGIES ANNOUNCES AVAILABILITY OF MRF(r) POLISHING SYSTEM CLASSIFIED AS EAR99

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| Source: Cabot Microelectronics Corporation

ROCHESTER, Illinois, Sept. 7, 2011 (GLOBE NEWSWIRE) -- QED Technologies International Inc, (QED), pioneer and exclusive provider of Magnetorheological Finishing (MRF®) polishing and Subaperture Stitching Interferometry (SSI®) metrology platforms for the precision optics industry, announces the availability of a specially configured MRF polishing system with U.S. Government EAR99 classification.

QED has developed a new MRF polishing machine, the Q22-XE3, which is classified as EAR99 and can be shipped to many countries and destinations under most circumstances without requiring an export license.

The Q22-XE3 is designed to polish with the same accuracy as other QED MRF systems, but it employs fewer axes of motion. It can polish many rotationally symmetric, convex and concave optics up to 100 millimeters in diameter, but within a narrower range than other QED MRF systems.

"We anticipate that this new MRF machine design may enable wide adoption of QED’s MRF technology in countries where our MRF technology previously has been challenging to obtain", said Andrew Kulawiec, President of QED Technologies. "We believe this should allow us to apply the same design concept to other QED MRF polishing machines in the future thereby enabling the polishing of optics larger than 100 millimeters in diameter."

ABOUT QED TECHNOLOGIES

Since it was founded in 1996, QED Technologies International Inc, based in Rochester, NY, has built a reputation for producing high quality products based on revolutionary, patented technology, advanced computer numerical control machines and world-class software to provide shop-ready solutions for nearly any precision optics manufacturing need.  QED offers state-of-the-art finishing and metrology solutions that are designed to meet the needs of advanced optics manufacturers by increasing production speed and yield while decreasing costs.  QED is dedicated to providing revolutionary technical solutions that enable or significantly enhance its customers’ capabilities and positively impact their bottom line. QED Technologies International Inc. is a wholly-owned subsidiary of Cabot Microelectronics Corporation (NASDAQ:CCMP). For more information about QED Technologies, visit www.qedmrf.com or contact Robin Townell, Marketing Manager, at (585) 256-6540 ext. 241.

ABOUT CABOT MICROELECTRONICS CORPORATION

Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry.  The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. The company’s mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today’s challenges and help enable tomorrow’s technology. Since becoming an independent public company in 2000, the company has grown to approximately 1,000 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Trisha Tuntland, Manager of Investor Relations at (630) 499-2600.

SAFE HARBOR STATEMENT

This news release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; company and industry growth, contraction or trends; growth or contraction of the markets in which the company participates; international events or various economic factors; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; natural disasters; the acquisition of or investment in other entities; uses and investment of the company’s cash balance; and the construction of facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics’ filings with the Securities and Exchange Commission (SEC), that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company's quarterly report on Form 10-Q for the quarter ended June 30, 2011 and in the company's annual report on Form 10-K for the fiscal year ended September 30, 2010, both filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.

Trisha Tuntland
Manager, Investor Relations
(630) 499-2600