Intermolecular Announces New Chairman

Dr. Bruce McWilliams Assumes Chairman Position; Current Chairman to Remain on the Board

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| Source: Intermolecular, Inc.

SAN JOSE, Calif., June 18, 2014 (GLOBE NEWSWIRE) -- Intermolecular, Inc. (Nasdaq:IMI)—accelerating research and development for semiconductor and clean energy industries—today announced that Dr. Bruce McWilliams has been appointed Chairman of the Board, taking over the chairman position from Tom Baruch. Mr. Baruch has served as chairman for almost eight years, and he will remain on the Intermolecular board as an active director.

"We wish to thank Tom for his many years of service in guiding Intermolecular from inception to where it is today," said Bruce McWilliams. "I am looking forward to his continued contributions to our board and to using my experience in semiconductor development and intellectual property licensing to help Intermolecular move forward to its next stage of success."

Dr. McWilliams has served on the Intermolecular board since 2005. He is currently the CEO of SuVolta, and was the CEO of Tessera from 1999 to 2008. He has also worked in the fields of silicon chip-based display, multi-chip module manufacturing and solar heating technology. Dr. McWilliams hold B.S., M.S. and Ph.D. degrees in physics from Carnegie Mellon University.

About Intermolecular, Inc.

Intermolecular® has pioneered a proprietary approach to accelerate research and development, innovation, and time-to-market for the semiconductor and clean energy industries.  The approach consists of its proprietary High Productivity Combinatorial (HPC™) platform, application-specific workflows and its multi-disciplinary team.  Through paid collaborative development programs (CDPs) with its customers, Intermolecular develops proprietary technology and intellectual property for its customers focused on advanced materials, processes, integration and device architectures.  Founded in 2004, Intermolecular is based in San Jose, California.  "Intermolecular" and the Intermolecular logo are registered trademarks; and "HPC" is a trademark of Intermolecular, Inc.; all rights reserved.  Learn more at www.intermolecular.com.

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