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24 December 2009


New Mexico business expert joins Emcore’s board

Emcore Corp of Albuquerque, NM, USA, which manufactures components and subsystems for the broadband, fiber-optic, and solar power markets, says that Sherman McCorkle has been elected to fill a vacancy on its board as a Class B independent director.

McCorkle is a native New Mexican and has been involved in the New Mexico business community for most of his career. Since 1993 he has been president & CEO of Technology Ventures Corp (TVC), an Albuquerque-based organization that assists start-up firms in developing and commercializing technologies from research universities and the national laboratories. Previously, he was CEO & president of Sunwest Credit Services Corp from 1988. In 1977, he co-founded and was charter director of Plus Systems Inc, the original platform that enabled national and international electronic banking and ATM systems. In addition, McCorkle is a co-founder & 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,” says the firm’s chairman Reuben F. Richards.

“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,” comments McCorkle about Emcore.

As a Class B director, McCorkle will stand for re-election at Emcore’s 2010 annual meeting of shareholders.

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