Monocrystal opens sales office in the USA

Date Announced: 28 Jul 2010

Stavropol, Russia – Monocrystal – one of the world’s leading providers of sapphire products and metallization pastes to semiconductor, optical, and solar industries, is pleased to announce the opening of its direct office in Sunnyvale, California.

The new office will serve growing sapphire and PV pastes markets in the USA by conducting sales and marketing activities, carrying out customer support and coordinating product delivery logistics.

"We are very excited about setting our footprint in Silicon Valley. As Monocrystal strives to expand into the US market, we are now better positioned to provide quality products and services to our existing and potential US customers, and in particular to significantly shorten response time”, said Oleg Kachalov, CEO of Monocrystal.

About Monocrystal
OAO Monocrystal is one of the leading global suppliers of sapphire products, metallization pastes and other advanced electronic materials for semiconductor, optical, and solar industries. Monocrystal’s product portfolio includes large diameter sapphire substrates for LED and RFIC applications and lead-free screen printing pastes for silicon wafer-based solar cells. The company exports 90 percent of its products to more than 20 countries around the globe. To learn more about Monocrystal, visit www.monocrystal.com.

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Certain statements in this communication are not historical facts and are “forward looking” within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward looking statements include statements concerning our plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, our competitive strengths and weaknesses, financial position and future operations and development, our business strategy and the trends we anticipate in the industries and the political and legal environment in which we operate and any other information that is not historical information. By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward looking statements. We do not intend and we do not assume any obligation to update any forward looking statement contained herein.

Contact
Monocrystal USA, Inc. 1250 Oakmead Parkway, Suite 210 Sunnyvale, CA 94085 USA Attn: Natasha Radzikhovskaya, Managing Director E-mail: Radzikhovskaya@monocrystal.com Phone: (408) 451 8470 Cell: (650) 426 8175

E-mail:info@monocrystal.com

Web Site:www.monocrystal.com

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