Meta Materials Inc.

HALIFAX, NS / ACCESSWIRE / July 19, 2021 / Meta Materials Inc. (the "Company" or "META^®") (NASDAQ:MMAT) a developer of high-performance functional materials and nanocomposites, today announced that META has joined the Stanford University SystemX Alliance industry affiliates program, which provides member companies a highly leveraged and cost-effective method to sponsor pre-competitive, collaborative research at Stanford.

Membership in the SystemX Alliance offers a number of potential benefits to help META achieve its growth and recruitment objectives. The Company expects to sponsor basic research conducted at Stanford. Membership will also allow META to connect with students for recruitment, to advertise internship opportunities, to host a TRIP (Technology Research in Progress) visit to a META facility, and to network at workshops and conferences.

"With META's growing footprint in Silicon Valley, we are extremely pleased to join the SystemX Alliance," said George Palikaras, President and CEO/Founder of META. "This program enables us to sponsor basic research, either via collaborative teams in focus areas such as photonic, augmented reality, solar and quantum technologies, or by supporting interns and individual students on jointly defined projects. We also look forward to SystemX seminars, conferences and opportunities for networking and communicating with some of the world's most talented students and faculty."

META is committed to supporting and growing the field of metamaterials scientific research. The Company has a strong internship program, and over the last 6 years it has already completed approximately 70 internships, offering graduate hiring opportunities. META has an active $1.29M Mitacs Accelerate program and been named as the top Co-op employer of the Year by Dalhousie University, sponsoring PhDs and postdoctoral researchers. The Company continues to invest in STEM and collaborate with global leading Colleges and Universities.

About Meta Materials Inc.

META^® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Our achievements have been widely recognized, including being named a Global Cleantech 100 company. Learn more at www.metamaterial.com.

Forward Looking Information

This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company and its business, which may include, but are not limited to, statements with respect to the business strategies, product development and operational activities of the Company. Often but not always, forward-looking information can be identified by the use of words such as "potential," "predicts," "projects," "seeks," "plans," "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should," "would" or "will" be taken, occur or be achieved. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks related to the Company's ability to sponsor basic research and recruit talent to support its growth plans, the management and potential divestiture of the assets in the Company's oil and gas business, the potential benefits of the Company being publicly listed on the Nasdaq Capital Market, the potential benefits of the transaction with Torchlight Energy Resources Inc. to the Company's stockholders, the research and development projects of the Company, the market potential of the Company's products, the investment priorities and manufacturing plans of the Company, the scalability of the Company's production ability, the technology industry, market strategic and operational activities, and management's ability to manage and to operate the business. More details about these and other risks that may impact the Company's businesses are described under the heading "Risk Factors" in the Company's Form 8-K filed with the SEC on July 2, 2021, in the Company's Form 10-Q filed with the SEC on May 14, 2021, in the Company's Form 10-K filed with the SEC on March 18, 2021, and in subsequent filings made by Meta Materials with the SEC, which are available on SEC's website at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law.

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Contact

Mark Komonoski
Senior Vice President
Integrous Communications
Phone: 1-877-255-8483
Email: ir@metamaterial.com

Media inquiries:

media@metamaterial.com

SOURCE: Meta Materials Inc.

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