Unidym, Inc.

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Unidym and Tokyo Electron Begin Joint Program to Develop Large Scale Manufacturing Equipment for Printable Carbon Nanotube-Based Displays and Solar Cells June 4, 2010 SUNNYVALE, Calif.—(BUSINESS WIRE)—Unidym, a majority owned subsidiary of Arrowhead Research ( NASDAQ:ARWR - News ) announced today that it has finalized an agreement with Tokyo Electron (TEL) to develop manufacturing equipment for carbon nanotube based displays and solar cells. TEL is the second largest semiconductor production equipment manufacturer in the world. "The partnership with TEL is critical in providing a complete manufacturing solution to our customers in the LCD and solar industries," said Mark Tilley, President and CEO of Unidym. "TEL is one of the world leaders in wet coating technology, and they have direct channels to market in the display and solar industries." "We are impressed with Unidym's leadership in expanding CNT applications into the electronics, display and PV markets. We believe Unidym's CNT ink and our coating platform solution will present a great value to our customers." said Taku Kawauchi, marketing group leader, Tokyo Electron Flat Panel Display business unit. Under the terms of the agreement, Unidym and TEL will develop a coating tool for LCD and solar manufacturers to use in coating Unidym's electronic inks into their devices. The companies intend to cooperate in marketing the CNT electronic inks and coating equipment to their joint customers. About Unidym, Incorporated Unidym is a leader in carbon nanotube-based transparent, conductive films (TCFs) for the electronics industry. TCFs are a critical component in devices such as touch panels, displays, and thin-film solar cells. For example, both touch panels and LCDs typically employ two TCF layers per device. Unidym's TCFs offer substantial advantages over the incumbent technology, indium-based metal oxides, including: improved durability, lower processing costs, and lower overall cost structure. For more information, visit: http://www.unidym.com . About TEL Tokyo Electron Ltd, established in 1963, is a leading supplier of innovative semiconductor and FPD production equipment worldwide. In Japan, TEL also distributes computer network related products and electronic components of global leading suppliers. To support this diverse product base, TEL is strategically located around the world. TEL is a publicly held company listed on the Tokyo Stock Exchange. For more information, please visit http://www.tel.com/eng/ . Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof.

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