Navitas Next-Gen Semiconductor Growth Highlights at Deutsche Bank Technology Conference

Dublin, September 2, 2021 (PRNewswire) – Navitas Semiconductor (“Company” or “Navitas”), an industry leader in GN Power Integrated Districts (ICs), has announced that it will participate in the 9th Deutsche Bank 2021 Technology Conference.Th And 10Th September.

We are expanding the E-markets for mobile phones such as Dell, Lenovo, Xiaomi and LG.

Navitas recently launched a business partnership with Live Oak Acquisition Corp. II (“Live Oak II”) (NYSE: LOKB), officially announced with a special purpose acquisition company. Deutsche Bank guarantees joint venture for Navitas.

Gallium nitride (GEN) is the next-generation semiconductor technology that can go up to 20x faster than the previous silicon and up to 3x more power at half the size and weight or 3x faster. Navitas’ GaNFast ™ power ICs integrate GaN power and drive plus protection and control to deliver easy, compact, fast and efficient performance. With more than 130 patents pending or pending, and significant business secrets, including proprietary design kits (PDK), Navitas believes it will have many years of leadership in next-generation GaN Power ICs.

The Deutsche Bank 2021 Technology Conference will feature keynote speeches, panel discussions with Intel, Broadcom and Zoom, and one-on-one discussions with top executives in the technology sector.

Co-founder and CEO of Navitas; Gene Sheridan, GaNFast power IC technology and $ 13.1 b Market opportunity in direct presentation with question and answer b Thursday 11:50 (EDT) September 9Th. To participate and arrange one-on-one meetings, please contact Donna Lichvar At

We have already shipped more than 25 million GaNFast power ICs and that is only 1-2% of the market today – so a huge growth potential. It is now rapidly expanding into a major energy market, with companies such as Level 1 laptops and Dell, Lenovo, Xiaomi, LG and OPPO, such as Infasse for the Sun, and Bruce for the AV markets, ”he said. Gene Sheridan. Is a $ 13 billion GAN ELECTRICITY OPPORTUNITY: And we are grateful to Deutsche Bank for this forum to meet potential investors.

About Deutsche Bank

Deutsche Bank (NYSE: DB) is a leading provider of financial services to agencies, corporations, governments, private individuals and institutions in the United States. The bank was established in the United States in the 19th century. In 1978, he began his career in the United States New York City. In October 2001, Deutsche Bank was the first German bank to be listed on the NYSE and was one of the largest foreign-owned operators in the country. New York City.

About Navitas

Navitas Semiconductor Limited Founded in 2014, he is an industry leader in Gain Power IC. More than 200 patents have been created by innovators. Gan Power ICs combine GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, MBB and new energy markets. More than 130 Navitas patent rights have been granted or are pending, and more than 25 million GaNFast power ICs have been sent in the field of zero field failures. On May 7, 2021Navitas “Announced Plans”Be public At the cost of the enterprise $ 1.04 billion Live Oak II (NYSE: LOKB) SPAC merger.

A cautious statement regarding future statements

The information contained in this press release The interpretation of Article 21E of the 1933 Amendment (the “Securities Act”) and the 1934 Amendment Guarantee Act includes “forward-looking statements.” All statements, except for the present or historical facts contained in this press release, relate to the proposed transaction, the parties’ ability to conduct the transaction, the benefits and the future financial performance of the combined company as well as the combined strategy of the company, future operations, estimated financial position, estimated revenue and loss Opportunities and market share forecasts, planned expenses, promises, plans and management objectives are forward-looking statements. When used in this press release, wait for “can,” “understand,” “will,” “can,” “believe,” “guess,” “think,” “guess,” “plan,” “seek,” “Project”, “forecast”, such terms negative and other similar expressions are intended to identify future views, although not all future statements contain such labels.

Livevit Oak II and Navitas warn you of the many risks and uncertainties of the future of this press release, including the fact that Navitas’s business growth is unrealistic or unrealistic. Timeline, among other things: (i) Navitas’ goals and strategies, future business development, financial situation and operational outcomes; (ii) Navitas customer relationships and the ability to maintain and expand these customer relationships; (iii) Navitas Ability to accurately predict future revenue to accurately adjust and adjust Navitas expenditures. (iv) Navitas’ ability to duplicate customer base and develop relationships in new markets; (v) The level of demand in the Navitas customer end markets; (vi) Navitas ability to attract, train, and retain key competent personnel; (vii) Changes in trade policies, including tariff increases; (ix) The impact of the CVD-19 epidemic on the world economy; (x) Navitas’ ability to comply with certain US government contract requirements; (xi) Control developments in America And foreign countries; And (xii) Navitas’ intellectual property rights. Future Statements also (i) are subject to additional risks and uncertainties, including changes in domestic and foreign trade, markets, monetary, political and legal conditions. (ii) Failure to complete or successfully complete the planned transaction, including the risk that the relevant company may not be subject to any necessary regulatory approval, delayed or unforeseen circumstances. Proposed transaction or Live Oak II shareholders not found, (iii) any legal proceedings that may be based on Live Oak II or Navitas after the announcement of the proposed transaction; Disturbing danger: (v) Expenses related to the planned transaction; (vi) a lack of understanding of the expected benefits of the proposed transaction; (vii) risks of unreliable financial information related to Navitas; (viii) Risks related to Navitas’s business release and expected business plans; (ix) Competitive results in Navitas trade; (x) Live Oak II public shareholder demand; (xi) Ability to issue equity or equity securities related to Live Oak II or the affiliated company in connection with the proposed transaction or future; And (xii) those reasons discussed in Form S-4 (File No. 333-256880) (“Registration Statement”) in the Live Oak II Registration Statement for the Securities and Exchange Commission (“SEC”) and the final prospect for Live Oak II by the SEC Presented on December 4, 2020 Under the heading “Accident Causes” and other live Oak II documents with the document, or to register.

If any of the above risks apply or our assumptions are incorrect, the actual results may differ materially from the results indicated in our future statements. There may be additional risks that Live Oak II or Navitas may not currently know or that Live Oak II and Navitas may not currently see. In addition, forward-looking statements reflect plans or forecasts for Live Oak II and Navitas future events and views from this press release date. Live Oak II and Navitas The following events and developments will change the reviews of Live Oak II and Navitas. However, while Live Oak II and Navitas may choose to update these future statements at some point in the future, Live Oak II and Navitas specifically reject any obligation to do so. These forward-looking statements should not be relied upon to represent live Oak II and Navitas reviews on any day after this press release. Accordingly, there should be no overconfidence in future statements.

Important information and where to find it

In connection with the planned transaction, Live Oak II has filed a registration with the SEC, which includes a Live Oak II proxy. Live Oak II also plans to provide the SEC with other documents and related materials regarding the proposed transaction. After the registration statement is verified by the SEC, an accurate representation of Live Oak II shareholders will be sent. The owners of LIVE OAK II and NAVITAS secured the proxies (all modifications and additions, including Tereto) and other documents related to the site related to Tana? It contains important information about the transfer and the proposed transition bodies and is available before making any respectable election decision. Such documents can be obtained free of charge from the SEC at http: //www.sec on the SEC website. gov.

Participants in the trial

Live Oak II and its directors and executives may be considered to be involved in requesting proxies from Live Oak II shareholders in connection with the proposed transaction. Navitas and its officers and directors may also be considered participants in such petitions. The Owners can get more detailed information about the names, partners and interests of some Live Oak II executives and directors. March 25, 2021 And the proxy statement and other relevant materials submitted to the SEC in connection with the planned transaction. Information about the interests of Live Oak II participants in the question may, in some cases, be different from Live Oak II shareholders in general, provided in the proxy statement related to the planned transaction at the time of availability. .

Navitas Semiconductor, GaNFast and Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited. All other trademarks, trademarks and logos are trademarks or registered trademarks of their respective owners.

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